ITRI currently shows a PEG ratio reading of 0.9 as of Jun 22, 2026. This metric combines a PE of 12.84 with an earnings growth rate of 14.2%. No significant movement has occurred in the PEG ratio compared to its recent four-quarter average.
A ten years lookback reveals an average PEG ratio of 0.85 for Itron. Compared to historical data, ITRI's 0.9 PEG ratio represents an increase of 6%. Within the past ten years, the Sep 2021 quarter saw the highest PEG reading at 10.35. At 0.03, the Dec 2023 quarter represented the lowest PEG ratio in this timeframe.
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| 2025 | 0.55 | 14.03 | 25.6% |
| 2024 | 0.14 | 20.6 | 147.4% |
| 2023 | 0.03 | 35.45 | 1,068.2% |
| 2022 | N/A | N/A | 88% |
| 2021 | N/A | N/A | -27.1% |
| 2020 | N/A | N/A | -216.1% |
| 2019 | 0.45 | 67.7 | 149% |
| 2018 | N/A | N/A | -270.9% |
| 2017 | 0.59 | 46.08 | 78.3% |
| 2016 | 0.5 | 75.72 | 151.5% |
| 2015 | 0.71 | 109.64 | 155% |
| 2014 | N/A | N/A | 84.6% |
| 2013 | N/A | N/A | -242.9% |
| 2012 | 0.13 | 16.32 | 121.7% |
| 2011 | N/A | N/A | -583.1% |
| Year | PEG ratio | PE ratio | Growth YoY |
|---|---|---|---|
| Mar 2026 | 0.99 | 14.07 | 14.2% |
| Dec 2025 | 0.55 | 14.03 | 25.6% |
| Sep 2025 | 1.54 | 22.01 | 14.3% |
| Jun 2025 | 0.49 | 22.09 | 45.4% |
| Mar 2025 | 0.32 | 18.77 | 59% |
| Dec 2024 | 0.14 | 20.6 | 147.4% |
| Sep 2024 | 0.11 | 21.58 | 201.8% |
| Jun 2024 | 0.06 | 24.14 | 382.4% |
| Mar 2024 | 0.03 | 26.36 | 802% |
| Dec 2023 | 0.03 | 35.45 | 1,068.2% |
| Sep 2023 | 0.2 | 36.94 | 180.8% |
| Jun 2023 | 0.61 | 84.82 | 139.4% |
| Mar 2023 | N/A | N/A | 75.8% |
| Dec 2022 | N/A | N/A | 88% |
| Sep 2022 | N/A | N/A | -3,000% |
Measured against past performance, ITRI's PEG ratio sits above the 3 and 10-year averages, but it is lower than the 5-year average.
With a PEG of 0.9, ITRI stands higher than the Technology sector average but lower than the industry and its peers average. Looking at the Technology sector average of 0.75, Itron's PEG is 20% higher.
Compared to its peers, ITRI has a PEG ratio lower than stocks GE and ROP, while greater than ESE's and MWA's. At 0.9, Itron's PEG ratio is lower than the peer group average of 1.19.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ESE Esco Technologies Inc | 0.18 | $9.15B |
| MWA Mueller Water Products Inc | 0.42 | $4.04B |
| ITRI Itron Inc | 0.9 | $3.63B |
| ROP Roper Technologies Inc | 1.35 | $33.15B |
| GE General Electric Co | 1.63 | $365.15B |
| AVA Avista Corp | 2.33 | $3.28B |
| BMI Badger Meter Inc | N/A | $3.88B |
ITRI's Jun 22, 2026 PEG ratio comes in at 0.9.
Historical data over a 3-year period puts ITRI's average PEG ratio at 0.42.
Historical data over a 5-year period puts ITRI's average PEG ratio at 1.19.
In the last ten years, ITRI's peak PEG ratio of 10.35 occurred in the Sep 2021 quarter.
ITRI currently has a PEG ratio 6% above its 10-year average.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jun 22, 2026, Itron has a PE ratio of 12.84. Earnings grew at 14.2% over the TTM period ending Mar 2026. Applying the formula, this gives a PEG ratio of 0.9. PEG RATIO(0.9) = PE RATIO(12.84) / EPS GROWTH(14.2%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.