Itron (MEX:ITRI) Cyclically Adjusted PS Ratio: 1.34 (As of Sep. 16, 2026) — 11% Above Median

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MEX:ITRI Itron Inc MEX:ITRI
75 GF Score
Price MXN1,612.39
GF Value MXN1,746.61
! 3 Warning Signs
View Full Analysis

What is Itron Cyclically Adjusted PS Ratio?

Itron MEX:ITRI 75 Cyclically Adjusted PS Ratio is 1.34 as of Sep. 16, 2026, which is 11% above its 10-year median of 1.21. GuruFocus rates MEX:ITRI with a GF Score™ of 75/100 and a GF Value™ of MXN1,746.61. The stock has 3 warning signs investors should review. Among 1,977 Hardware companies, Itron ranks worse than 52.2% on this metric.

As of today (2026-09-16), Itron's current share price is MXN1612.39. Itron's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was MXN1,203.93. Itron's Cyclically Adjusted PS Ratio for today is 1.34.

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: 1.21   Max: 2.19
Current: 1.5

During the past years, Itron's highest Cyclically Adjusted PS Ratio was 2.19. The lowest was 0.69. And the median was 1.21.

MEX:ITRI's Cyclically Adjusted PS Ratio is ranked worse than
52.2% of 1977 companies
in the Hardware industry
Industry Median: 1.37 vs MEX:ITRI: 1.50

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 MXN219.507. 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 MXN1,203.93 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 0.00 0.00 0.00 0.00 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 1.85 1.88 1.51 1.34 1.34

MEX:ITRI vs VNT, BMI, 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
75GF 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
=1612.39/1203.926
=1.34

* 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)
=219.507/333.9520*333.9520
=219.507

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 248.560 241.428 343.817
201612 252.014 241.432 348.589
201703 247.257 243.801 338.686
201706 237.268 244.955 323.472
201709 219.933 246.819 297.575
201712 264.120 246.524 357.788
201803 292.045 249.554 390.813
201806 285.731 251.989 378.669
201809 283.444 252.439 374.969
201812 291.771 251.233 387.837
201903 297.572 254.202 390.928
201906 306.060 256.143 399.032
201909 304.095 256.759 395.519
201912 300.451 256.974 390.453
202003 296.375 258.115 383.453
202006 295.594 257.797 382.914
202009 296.017 260.280 379.804
202012 264.833 260.474 339.541
202103 252.047 264.877 317.776
202106 217.082 271.696 266.824
202109 215.601 274.310 262.478
202112 222.798 278.802 266.870
202203 215.449 287.504 250.256
202206 192.162 296.311 216.573
202209 187.952 296.808 211.473
202212 202.652 296.797 228.021
202303 203.796 301.836 225.480
202306 209.182 305.109 228.957
202309 208.266 307.789 225.969
202312 220.189 306.746 239.718
202403 221.201 312.332 236.513
202406 225.721 314.175 239.930
202409 254.163 315.301 269.198
202412 267.528 315.605 283.080
202503 268.386 319.799 280.264
202506 255.446 322.561 264.467
202509 232.255 324.800 238.799
202512 227.057 324.054 233.992
202603 226.686 330.213 229.253
202606 219.507 333.952 219.507

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 1.34 mean?
Itron (MEX:ITRI) has a Cyclically Adjusted PS Ratio of 1.34 as of Sep. 16, 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 11% above median its historical median of 1.21. 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 #1032 out of 1977 companies in the Hardware industry, placing it in the top 52.2%.
Is Itron's Cyclically Adjusted PS Ratio too high?
Itron's current Cyclically Adjusted PS Ratio of 1.34 is 11% above median its 10-year median of 1.21. 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 1.37. Itron's value of 1.34 is 2.2% below this industry median. Based on the distribution chart, Itron ranks #1032 out of 1977 companies in the Hardware industry, which is below the industry midpoint. Overall, Itron has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Cyclically Adjusted PS Ratio compare to VNT and BMI?
According to the Hardware industry distribution chart, Itron ranks #1032 out of 1977 companies for Cyclically Adjusted PS Ratio. This places Itron in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.37. Itron's value of 1.34 is 2.2% below 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 1.21 vs. the industry median of 1.37, Itron has consistently been below 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 1.37, based on 1,977 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 1.34 is 2.2% below 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 1.37 — 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 1.34, which is 11% above median its own 10-year median of 1.21. 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 1.34. The stock's GF Value™ is MXN1,746.61, compared to a current price of MXN1,612.39 — trading 7.7% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.34, which is 11% above median its 10-year median of 1.21 and 2.2% below the Hardware industry median of 1.37. Itron's overall GF Score™ is 75/100 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 1.34 as of Sep. 16, 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 7.7% below its estimated GF Value™ of MXN1,746.61.

Key valuation signals for MEX:ITRI:

  • Cyclically Adjusted PS Ratio: 1.34 (11% above median its 10-year median of 1.21)
  • GF Value™: MXN1,746.61 vs. price of MXN1,612.39 (7.7% below fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 2.2% below the Hardware median (#1032 of 1977)

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.
75GF 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
MXN1,746.61
GF Value