ITRI P/E ratio: current value, 10-year range and year-by-year history
Cash & Leverage
ITRI's p/e ratio is lower than 65% of the last 10 years.
P/E ratio History
ITRI P/E ratio by year
Yearly range of ITRI’s p/e ratio from 2016 to 2026. Over the full period it ranged from -273.1 to 1,380.6, averaging 29.8.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 12.4 | 14.6 | 17.9 | 15.3 |
| 2025 | 14.3 | 20.5 | 24.9 | 14.3 |
| 2024 | 20.7 | 28.7 | 45.9 | 21.0 |
| 2023 | -273.1 | -61.1 | 93.6 | 46.6 |
| 2022 | -38.9 | -25.9 | -20.3 | -25.2 |
| 2021 | -190.3 | 230.2 | 1,380.6 | -38.7 |
| 2020 | -125.3 | -14.7 | 72.3 | -66.1 |
| 2019 | -24.0 | 32.2 | 68.7 | 68.7 |
| 2018 | -26.7 | -3.7 | 52.4 | -18.4 |
| 2017 | 37.4 | 69.1 | 96.8 | 39.9 |
| 2016 | 48.1 | 58.0 | 60.9 | 58.2 |
Get notified when ITRI P/E ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.
Price / Earnings Per ShareThe chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.
- Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
- A falling P/E trend may signal a business in structural decline, not a buying opportunity.
Is ITRI P/E ratio High or Low Right Now?
Itron, Inc.'s P/E ratio is currently 15.3, which is below average relative to its 10-year historical range. The 10-year median P/E ratio for ITRI is approximately 19.5. See all ITRI valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.