Itron (ITRI) Cyclically Adjusted Revenue per Share: $62.33 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ITRI Itron Inc ITRI
65 GF Score
Price $103.33
GF Value $100.02
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Itron Cyclically Adjusted Revenue per Share?

Itron ITRI +0.68% 65 Cyclically Adjusted Revenue per Share is $62.33 as of Jun. 2026. GuruFocus rates ITRI with a GF Score™ of 65/100 and a GF Value™ of $100.02 (Fairly Valued). The stock has 3 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Jun. 2026 was $12.619. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $62.33 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Itron's average Cyclically Adjusted Revenue Growth Rate was 0.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 0.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 1.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 1.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Itron was 16.60% per year. The lowest was 0.50% per year. And the median was 6.00% per year.

As of today (2026-08-11), Itron's current stock price is $103.33. Itron's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $62.33. Itron's Cyclically Adjusted PS Ratio of today is 1.66.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Itron was 2.19. The lowest was 0.69. And the median was 1.21.


Itron  (NAS:ITRI) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=103.33/62.33
=1.66

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Itron was 2.19. The lowest was 0.69. And the median was 1.21.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Itron Cyclically Adjusted Revenue per Share Related Terms


Itron Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Itron's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.83 60.66 61.00 61.46 61.55

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 Revenue per Share 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 62.22 62.23 61.55 62.21 62.33

ITRI vs BMI, VNT, NOVT: Cyclically Adjusted Revenue per Share 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.


ITRI
65GF Score
Itron Inc ITRI
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itron Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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)
=12.619/333.9520*333.9520
=12.619

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 13.252 241.428 18.331
201612 12.702 241.432 17.570
201703 12.179 243.801 16.682
201706 12.791 244.955 17.438
201709 12.333 246.819 16.687
201712 13.933 246.524 18.874
201803 15.592 249.554 20.865
201806 14.725 251.989 19.515
201809 14.933 252.439 19.755
201812 14.883 251.233 19.783
201903 15.497 254.202 20.359
201906 16.002 256.143 20.863
201909 15.650 256.759 20.355
201912 15.605 256.974 20.280
202003 14.785 258.115 19.129
202006 12.671 257.797 16.414
202009 13.392 260.280 17.183
202012 12.994 260.474 16.660
202103 12.381 264.877 15.610
202106 10.842 271.696 13.326
202109 10.764 274.310 13.104
202112 10.731 278.802 12.854
202203 10.507 287.504 12.204
202206 9.583 296.311 10.800
202209 9.284 296.808 10.446
202212 10.348 296.797 11.643
202303 10.923 301.836 12.085
202306 11.819 305.109 12.936
202309 12.204 307.789 13.241
202312 12.536 306.746 13.648
202403 13.017 312.332 13.918
202406 13.091 314.175 13.915
202409 13.427 315.301 14.221
202412 13.314 315.605 14.088
202503 13.150 319.799 13.732
202506 13.082 322.561 13.544
202509 12.465 324.800 12.816
202512 12.407 324.054 12.786
202603 12.909 330.213 13.055
202606 12.619 333.952 12.619

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

What does a Cyclically Adjusted Revenue per Share of $62.33 mean?
Itron (ITRI) has a Cyclically Adjusted Revenue per Share of $62.33 as of Jun. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Itron and its competitors.
Is Itron's Cyclically Adjusted Revenue per Share too high?
Itron's current Cyclically Adjusted Revenue per Share is $62.33. Overall, Itron has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Itron's Cyclically Adjusted Revenue per Share compare to BMI and VNT?
Itron's Cyclically Adjusted Revenue per Share of $62.33 can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Hardware company?
A good Cyclically Adjusted Revenue per Share depends on the Hardware industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Itron and its competitors. Itron's current Cyclically Adjusted Revenue per Share is $62.33. 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?
Based on GuruFocus' analysis, Itron (ITRI) is currently considered Fairly Valued. The stock's GF Value™ is $100.02, compared to a current price of $103.33 — trading 3.3% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is $62.33. Itron's overall GF Score™ is 65/100 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Itron (ITRI), the current Cyclically Adjusted Revenue per Share is $62.33 as of Jun. 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 (ITRI) Overvalued in 2026?

Based on GuruFocus' analysis, Itron stock appears to be overvalued. The current stock price of $103.33 is trading 3.3% above its estimated GF Value™ of $100.02. GuruFocus considers Itron to be Fairly Valued.

Key valuation signals for ITRI:

  • Cyclically Adjusted Revenue per Share: $62.33
  • GF Value™: $100.02 vs. price of $103.33 (3.3% above fair value)
  • GF Score™: 65/100 with 3 warning signs

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


Itron Business Description

Other Exchanges 1ITRI:ItalyIT6:Germany
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.
65GF Score

Get the complete analysis for ITRI

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

$103.33
Price
$100.02
GF Value