Itron (MEX:ITRI) Cyclically Adjusted PS Ratio: 1.39 (As of Jul. 31, 2026) — 16% Above Median

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MEX:ITRI Itron Inc MEX:ITRI
71 GF Score
Price MXN1,612.39
GF Value MXN1,618.10
! 3 Warning Signs
View Full Analysis

What is Itron Cyclically Adjusted PS Ratio?

Itron MEX:ITRI 71 Cyclically Adjusted PS Ratio is 1.39 as of Jul. 31, 2026, which is 16% above its 10-year median of 1.20. GuruFocus rates MEX:ITRI with a GF Score™ of 71/100 and a GF Value™ of MXN1,618.10. The stock has 3 warning signs investors should review. Among 1,976 Hardware companies, Itron ranks worse than 55.21% on this metric.

As of today (2026-07-31), Itron's current share price is MXN1612.39. Itron's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN1,161.45. Itron's Cyclically Adjusted PS Ratio for today is 1.39.

The historical rank and industry rank for Itron's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:ITRI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1.2   Max: 2.19
Current: 1.59

During the past years, Itron's highest Cyclically Adjusted PS Ratio was 2.19. The lowest was 0.69. And the median was 1.20.

MEX:ITRI's Cyclically Adjusted PS Ratio is ranked worse than
55.21% of 1976 companies
in the Hardware industry
Industry Median: 1.34 vs MEX:ITRI: 1.59

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Itron's adjusted revenue per share data for the three months ended in Jun. 2026 was MXN220.186. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN1,161.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itron  (MEX:ITRI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Itron Cyclically Adjusted PS Ratio Related Terms


Itron Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Itron's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Itron Cyclically Adjusted PS Ratio Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 0.83 1.24 1.77 1.51

Itron Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.12 2.00 1.51 1.44 1.39

MEX:ITRI vs BMI, VNT, NOVT: Cyclically Adjusted PS Ratio Comparison

For the Scientific & Technical Instruments subindustry, Itron's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Itron Cyclically Adjusted PS Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Itron's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Itron's Cyclically Adjusted PS Ratio falls into.


MEX:ITRI
71GF Score
Itron Inc MEX:ITRI
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itron Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Itron's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=1612.39/1161.45
=1.39

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Itron's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Itron's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=220.186/333.9520*333.9520
=220.186

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 256.232 241.428 354.429
201612 261.873 241.432 362.226
201703 229.315 243.801 314.109
201706 231.204 244.955 315.205
201709 223.820 246.819 302.834
201712 273.632 246.524 370.674
201803 283.265 249.554 379.064
201806 289.337 251.989 383.448
201809 279.322 252.439 369.516
201812 292.220 251.233 388.434
201903 300.609 254.202 394.918
201906 307.372 256.143 400.743
201909 308.958 256.759 401.844
201912 294.311 256.974 382.474
202003 346.683 258.115 448.542
202006 292.483 257.797 378.884
202009 295.838 260.280 379.575
202012 258.479 260.474 331.394
202103 253.089 264.877 319.090
202106 215.813 271.696 265.264
202109 221.323 274.310 269.444
202112 220.138 278.802 263.684
202203 209.202 287.504 243.000
202206 192.797 296.311 217.288
202209 186.755 296.808 210.126
202212 201.735 296.797 226.990
202303 196.892 301.836 217.842
202306 202.618 305.109 221.772
202309 212.580 307.789 230.650
202312 212.795 306.746 231.668
202403 216.038 312.332 230.992
202406 239.827 314.175 254.924
202409 264.374 315.301 280.013
202412 277.676 315.605 293.818
202503 269.021 319.799 280.927
202506 246.331 322.561 255.030
202509 228.664 324.800 235.107
202512 223.389 324.054 230.212
202603 232.788 330.213 235.424
202606 220.186 333.952 220.186

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 1.39 mean?
Itron (MEX:ITRI) has a Cyclically Adjusted PS Ratio of 1.39 as of Jul. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Itron and its competitors. This is 16% above median its historical median of 1.20. Over the past decade, Itron's Cyclically Adjusted PS Ratio has ranged from 0.69 to 2.19. According to the industry distribution chart, Itron ranks #1091 out of 1976 companies in the Hardware industry, placing it in the top 55.2%.
Is Itron's Cyclically Adjusted PS Ratio too high?
Itron's current Cyclically Adjusted PS Ratio of 1.39 is 16% above median its 10-year median of 1.20. Over the past 10 years, this metric has ranged from a low of 0.69 to a high of 2.19. The Hardware industry median Cyclically Adjusted PS Ratio is 1.34. Itron's value of 1.39 is 3.7% above this industry median. Based on the distribution chart, Itron ranks #1091 out of 1976 companies in the Hardware industry, which is below the industry midpoint. Overall, Itron has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Cyclically Adjusted PS Ratio compare to BMI and VNT?
According to the Hardware industry distribution chart, Itron ranks #1091 out of 1976 companies for Cyclically Adjusted PS Ratio. This places Itron in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.34. Itron's value of 1.39 is 3.7% above this benchmark. Historically, Itron's own Cyclically Adjusted PS Ratio has ranged from 0.69 to 2.19 over the past decade. While the company's 10-year median is 1.20 vs. the industry median of 1.34, Itron has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Hardware company?
The median Cyclically Adjusted PS Ratio among Hardware companies is 1.34, based on 1,976 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itron's current Cyclically Adjusted PS Ratio of 1.39 is 3.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Itron and its competitors. For the Hardware industry, the median Cyclically Adjusted PS Ratio is 1.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itron's current Cyclically Adjusted PS Ratio is 1.39, which is 16% above median its own 10-year median of 1.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itron stock overvalued right now?
Itron (MEX:ITRI) has a current Cyclically Adjusted PS Ratio of 1.39. The stock's GF Value™ is MXN1,618.10, compared to a current price of MXN1,612.39 — trading 0.4% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.39, which is 16% above median its 10-year median of 1.20 and 3.7% above the Hardware industry median of 1.34. Itron's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Itron (MEX:ITRI), the current Cyclically Adjusted PS Ratio is 1.39 as of Jul. 31, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Itron (MEX:ITRI) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be undervalued. The current stock price of MXN1,612.39 is trading 0.4% below its estimated GF Value™ of MXN1,618.10.

Key valuation signals for MEX:ITRI:

  • Cyclically Adjusted PS Ratio: 1.39 (16% above median its 10-year median of 1.20)
  • GF Value™: MXN1,618.10 vs. price of MXN1,612.39 (0.4% below fair value)
  • GF Score™: 71/100 with 3 warning signs
  • Industry Position: 3.7% above the Hardware median (#1091 of 1976)

No single metric tells the full story. See the MEX:ITRI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Itron Business Description

Address 2111 North Molter Road, Liberty Lake, WA, USA, 99019
Itron Inc provides solutions that measure, manage, and analyze energy and water use. The company offers grid edge intelligence, energy and water management, smart city applications, Industrial Internet of Things (IIoT), and critical infrastructure and related services. It operates under the Itron brand and has four reportable segments: Device Solutions, Networked Solutions, Resiliency Solutions, and Outcomes. Key revenue is generated from the Networked Solutions segment, which includes a combination of communicating endpoints (e.g., smart meters, modules, endpoints, and sensors), network infrastructure, network design services, and associated headend management and application software designed and sold as a complete solution for acquiring and transporting robust application-specific data.
71GF Score

Get the complete analysis for MEX:ITRI

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,612.39
Price
MXN1,618.10
GF Value