Ituran
ITRN
#6005
Rank
$0.49 B
Marketcap
$25.04
Share price
0.04%
Change (1 day)
3.34%
Change (1 year)

P/E ratio for Ituran (ITRN)

P/E ratio as of June 2024 (TTM): 11.9

According to Ituran's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.8638. At the end of 2022 the company had a P/E ratio of 11.6.

P/E ratio history for Ituran from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.6-28.17%
202116.2-32.97%
202024.1-69.29%
201978.5649.55%
201810.5-35.97%
201716.4-5.52%
201617.38.88%
201515.93.93%
201415.3-20.08%
201319.266.53%
201211.5-14.97%
201113.5-67.52%
201041.6185.85%
200914.639.5%
200810.4109.42%
20074.99-72.5%
200618.1-19.28%
200522.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
41.5 250.02%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
56.2 373.43%๐Ÿ‡บ๐Ÿ‡ธ USA
90.3 661.24%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.