Itron (MEX:ITRI) Shiller PE Ratio: 72.51 (As of Sep. 15, 2026) — 54% Below 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 Shiller PE Ratio?

Itron MEX:ITRI 75 Shiller PE Ratio is 72.51 as of Sep. 15, 2026, which is 54% below its 10-year median of 156.13. 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 1,433 Hardware companies, Itron ranks worse than 78.23% on this metric.

As of today (2026-09-15), Itron's current share price is MXN1612.39. Itron's E10 for the quarter that ended in Jun. 2026 was MXN22.24. Itron's Shiller PE Ratio for today is 72.51.

The historical rank and industry rank for Itron's Shiller PE Ratio or its related term are showing as below:

MEX:ITRI' s Shiller PE Ratio Range Over the Past 10 Years
Min: 64.94   Med: 156.13   Max: 1825.67
Current: 72.89

During the past years, Itron's highest Shiller PE Ratio was 1825.67. The lowest was 64.94. And the median was 156.13.

MEX:ITRI's Shiller PE Ratio is ranked worse than
78.23% of 1433 companies
in the Hardware industry
Industry Median: 29.57 vs MEX:ITRI: 72.89

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.

Itron's adjusted earnings per share data for the three months ended in Jun. 2026 was MXN20.774. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is MXN22.24 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Itron  (MEX:ITRI) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Itron Shiller PE Ratio Related Terms


Itron Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Itron's Shiller PE 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 Shiller PE Ratio Chart

Itron Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 90.06

Itron Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 157.80 141.13 92.23 75.98 72.51

MEX:ITRI vs VNT, BMI, NOVT: Shiller PE Ratio Comparison

For the Scientific & Technical Instruments subindustry, Itron's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Hardware Industry

For the Hardware industry and Technology sector, Itron's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Itron's Shiller PE Ratio falls into.


MEX:ITRI
75GF Score
Itron Inc MEX:ITRI
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Itron Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Itron's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=1612.39/22.236
=72.51

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=20.7739/333.9520*333.9520
=20.774

Current CPI (Jun. 2026) = 333.9520.

Itron Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -4.877 241.428 -6.746
201612 5.952 241.432 8.233
201703 8.203 243.801 11.236
201706 6.649 244.955 9.064
201709 11.556 246.819 15.636
201712 0.854 246.524 1.156
201803 -70.059 249.554 -93.752
201806 1.296 251.989 1.717
201809 9.456 252.439 12.509
201812 11.867 251.233 15.775
201903 -0.923 254.202 -1.213
201906 9.372 256.143 12.219
201909 8.204 256.759 10.670
201912 6.990 256.974 9.084
202003 4.301 258.115 5.565
202006 -36.429 257.797 -47.190
202009 -13.896 260.280 -17.829
202012 10.852 260.474 13.914
202103 6.114 264.877 7.708
202106 -14.692 271.696 -18.058
202109 -0.828 274.310 -1.007
202112 -27.006 278.802 -32.348
202203 0.411 287.504 0.477
202206 -16.448 296.311 -18.538
202209 1.839 296.808 2.069
202212 9.629 296.797 10.834
202303 -4.877 301.836 -5.396
202306 9.428 305.109 10.319
202309 14.919 307.789 16.188
202312 16.933 306.746 18.435
202403 18.959 312.332 20.271
202406 19.019 314.175 20.216
202409 32.194 315.301 34.098
202412 25.365 315.605 26.839
202503 28.942 319.799 30.223
202506 28.771 322.561 29.787
202509 26.201 324.800 26.939
202512 40.366 324.054 41.599
202603 20.645 330.213 20.879
202606 20.774 333.952 20.774

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 72.51 mean?
Itron (MEX:ITRI) has a Shiller PE Ratio of 72.51 as of Sep. 15, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Itron and its competitors. This is 54% below median its historical median of 156.13. Over the past decade, Itron's Shiller PE Ratio has ranged from 64.94 to 1,825.67. According to the industry distribution chart, Itron ranks #1121 out of 1433 companies in the Hardware industry, placing it in the top 78.2%.
Is Itron's Shiller PE Ratio too high?
Itron's current Shiller PE Ratio of 72.51 is 54% below median its 10-year median of 156.13. Over the past 10 years, this metric has ranged from a low of 64.94 to a high of 1,825.67. The Hardware industry median Shiller PE Ratio is 29.57. Itron's value of 72.51 is 145.2% above this industry median. Based on the distribution chart, Itron ranks #1121 out of 1433 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Itron has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Itron's Shiller PE Ratio compare to VNT and BMI?
According to the Hardware industry distribution chart, Itron ranks #1121 out of 1433 companies for Shiller PE Ratio. This places Itron in the lower half of its industry. The industry median Shiller PE Ratio is 29.57. Itron's value of 72.51 is 145.2% above this benchmark. Historically, Itron's own Shiller PE Ratio has ranged from 64.94 to 1,825.67 over the past decade. While the company's 10-year median is 156.13 vs. the industry median of 29.57, 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 Shiller PE Ratio for a Hardware company?
The median Shiller PE Ratio among Hardware companies is 29.57, based on 1,433 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Itron's current Shiller PE Ratio of 72.51 is 145.2% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Itron and its competitors. For the Hardware industry, the median Shiller PE Ratio is 29.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itron's current Shiller PE Ratio is 72.51, which is 54% below median its own 10-year median of 156.13. 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 Shiller PE Ratio of 72.51. 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 Shiller PE Ratio is 72.51, which is 54% below median its 10-year median of 156.13 and 145.2% above the Hardware industry median of 29.57. 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 Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Itron (MEX:ITRI), the current Shiller PE Ratio is 72.51 as of Sep. 15, 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:

  • Shiller PE Ratio: 72.51 (54% below median its 10-year median of 156.13)
  • 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: 145.2% above the Hardware median (#1121 of 1433)

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

Shiller PE 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