Itron (ITRI) currently reports a P/E ratio of 15.39. That is below the Technology sector average of 25.38. Use the charts on this page to explore Itron's P/E ratio history and peer comparisons.
Itron's P/E ratio of 15.39 is lower than the Technology sector average of 25.38. That is roughly 39.4% below the sector mean. A reading lower peers can reflect different growth expectations, capital structure, or profitability — so it is worth checking the peer comparison chart before drawing conclusions.
The P/E ratio is a valuation multiple that relates Itron's market price to a fundamental measure such as earnings, sales, or book value. At 15.39, ITRI can look expensive or cheap only in context — versus its own history, growth rate, and Technology peers. Higher multiples often price in stronger expected growth; lower ones can signal value or concern.
Start with the current P/E ratio of 15.39, then check the historical chart for trend and the peer comparison chart for relative positioning. The Technology average is 25.38. From there, open related valuation or income-statement pages for Itron, and consider following ITRI for alerts when major investors trade the stock.
Itron is classified in the Technology sector. On P/E ratio, it currently shows 15.39 versus a sector average near 25.38. Sector peers often share similar capital intensity and growth regimes, so relative rankings inside Technology are usually more informative than comparing ITRI with unrelated industries.