Itron
ITRI
#2886
Rank
$4.14 B
Marketcap
$91.03
Share price
-0.47%
Change (1 day)
75.94%
Change (1 year)

P/E ratio for Itron (ITRI)

P/E ratio as of February 2024 (TTM): 55.5

According to Itron 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 55.5061. 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
2022-230494.72%
2021-38.7-41.87%
2020-66.6-198.37%
201967.7-465.06%
2018-18.5-140.24%
201746.1-39.15%
201675.738.13%
201554.8-175.18%
2014-72.9558.21%
2013-11.1-168.13%
201216.3-669.55%
2011-2.85-113.39%
201021.3-102.84%
2009-751-794.95%
2008108-156.29%
2007-192-588.74%
200639.338.3%
200528.4-129.69%
2004-95.6-360.46%
200336.7-25.3%
200249.239.51%
200135.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.0-67.55%๐Ÿ‡บ๐Ÿ‡ธ USA
19.9-64.17%๐Ÿ‡บ๐Ÿ‡ธ USA
53.9-2.83%๐Ÿ‡บ๐Ÿ‡ธ USA
28.7-48.37%๐Ÿ‡บ๐Ÿ‡ธ USA
32.0-42.35%๐Ÿ‡บ๐Ÿ‡ธ USA
15.2-72.59%๐Ÿ‡บ๐Ÿ‡ธ 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.