ITRI currently shows a PEG ratio reading of 8.2 as of Jul 31, 2026. This metric combines a PE of 16.39 with an earnings growth rate of 2.0%. When compared to the trailing 4-quarter average of 2.55, ITRI's PEG ratio reflects a 222% increase.
A ten years lookback reveals an average PEG ratio of 1.14 for Itron. Compared to historical data, ITRI's 8.2 PEG ratio represents an increase of 619%. 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 |
|---|---|---|---|
| Jun 2026 | 7.12 | 14.23 | 2% |
| 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% |
Measured against past performance, ITRI's PEG ratio sits above the 3, 5 and 10-year averages.
With a PEG of 8.2, ITRI stands higher than the Technology sector, the industry and its peers average.
ITRI reports a PEG ratio higher than that of peer stocks GE and ROP. At 8.2, Itron's PEG ratio is higher than the peer group average of 1.1.
| Stock name | PEG ratio | Market cap |
|---|---|---|
| ESE Esco Technologies Inc | 0.17 | $8.24B |
| ROP Roper Technologies Inc | 0.24 | $39.44B |
| MWA Mueller Water Products Inc - Series A | 0.42 | $4.06B |
| AVA Avista Corp | 2.28 | $3.22B |
| GE General Electric Company | 2.34 | $380.21B |
| ITRI Itron Inc | 8.3 | $4.42B |
| BMI Badger Meter Inc | N/A | $4.01B |
ITRI's Jul 31, 2026 PEG ratio comes in at 8.2.
Historical data over a 3-year period puts ITRI's average PEG ratio at 0.97.
Historical data over a 5-year period puts ITRI's average PEG ratio at 1.61.
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 619% above its 10-year average.
The elevated PEG ratio of 8.2 indicates that ITRI may be priced above its earnings growth potential.
To calculate the PEG ratio, take the company's PE ratio and divide by its earnings per share growth (YoY TTM). As of Jul 31, 2026, Itron has a PE ratio of 16.39. Earnings grew at 2.0% over the TTM period ending Jun 2026. Applying the formula, this gives a PEG ratio of 8.2. PEG RATIO(8.2) = PE RATIO(16.39) / EPS GROWTH(2.0%)
All PEG ratio stats are based on quarterly TTM periods, unless otherwise specified.