Ituran
ITRN
#5574
Rank
$0.44 B
Marketcap
$21.95
Share price
0.41%
Change (1 day)
-8.77%
Change (1 year)

P/E ratio for Ituran (ITRN)

P/E ratio as of February 2023 (TTM): 12.1

According to Ituran's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.1271. At the end of 2021 the company had a P/E ratio of 16.2.

P/E ratio history for Ituran from 2006 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
30.2 149.36%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA
59.1 387.52%๐Ÿ‡บ๐Ÿ‡ธ USA
-220-1,912.06%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.