P/E ratio for Itron (ITRI)

P/E ratio history for Itron from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Badger Meter BMI	72.0	10.85%	🇺🇸 USA
ESCO Technologies ESE	36.9	-43.24%	🇺🇸 USA
Roper Technologies ROP	19.8	-69.45%	🇺🇸 USA
Mueller Water Products MWA	47.1	-27.48%	🇺🇸 USA
Avista AVA	16.3	-74.89%	🇺🇸 USA
General Electric GE	23.3	-64.20%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.