P/E ratio for Itron (ITRI)
P/E ratio as of June 2024 (TTM): 59.3
According to Itron 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 59.3476. At the end of 2022 the company had a P/E ratio of -230.
P/E ratio history for Itron from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -230 | 494.72% |
| 2021 | -38.7 | -41.87% |
| 2020 | -66.6 | -198.37% |
| 2019 | 67.7 | -465.06% |
| 2018 | -18.5 | -140.24% |
| 2017 | 46.1 | -39.15% |
| 2016 | 75.7 | 38.13% |
| 2015 | 54.8 | -175.18% |
| 2014 | -72.9 | 558.21% |
| 2013 | -11.1 | -168.13% |
| 2012 | 16.3 | -669.55% |
| 2011 | -2.85 | -113.39% |
| 2010 | 21.3 | -102.84% |
| 2009 | -751 | -794.95% |
| 2008 | 108 | -156.29% |
| 2007 | -192 | -588.74% |
| 2006 | 39.3 | 38.3% |
| 2005 | 28.4 | -129.69% |
| 2004 | -95.6 | -360.46% |
| 2003 | 36.7 | -25.3% |
| 2002 | 49.2 | 39.51% |
| 2001 | 35.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 General Electric GE | 18.7 | -68.52% | 🇺🇸 USA |
 Roper Technologies ROP | 20.5 | -65.52% | 🇺🇸 USA |
 Badger Meter
BMI | 63.8 | 7.46% | 🇺🇸 USA |
 ESCO Technologies
ESE | 29.5 | -50.37% | 🇺🇸 USA |
 Mueller Water Products
MWA | 35.8 | -39.68% | 🇺🇸 USA |
 Avista
AVA | 15.3 | -74.19% | 🇺🇸 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.