PB Ratio: 2.37
Is the P/B ratio high or low?
The P/B ratio of 2.37 is 16% below its 5-year average of 2.84, near the low end of its 5-year range (1.70–4.29).
20.37% below its 12-month average of 2.98.
ITRI PB Ratio Chart
ITRI Average PB Ratio Chart
ITRI Current vs Average PB Ratio Chart
ITRI PB Ratio Metrics
PB RATIO
2.37
PB RATIO AVG TTM
2.98
PB RATIO AVG 3Y
3.16
PB RATIO AVG 5Y
2.84
PB RATIO AVG 10Y
3.24
PB RATIO AVG 15Y
2.77
PB RATIO AVG 20Y
2.73
CURRENT VS TTM AVG
-20.37%
CURRENT VS 3Y AVG
-25.08%
CURRENT VS 5Y AVG
-16.50%
CURRENT VS 10Y AVG
-26.75%
CURRENT VS 15Y AVG
-14.48%
CURRENT VS 20Y AVG
-13.21%
ITRI Competitors' PB Ratio
| NAME | MARKET CAP | PB RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $3.72B | 2.37 | 2.98 | 3.16 | 2.84 |
| monday.com Ltd. (MNDY)vs › | $3.76B | 4.70 | 6.87 | 11.11 | 11.05 |
| Keel Infrastructure Corp. (KEEL)vs › | $3.64B | 8.67 | 2.91 | 2.11 | 2.00 |
| Bill.com Holdings, Inc. (BILL)vs › | $3.54B | 0.96 | 1.19 | 1.64 | 3.23 |
| ZoomInfo Technologies Inc. (ZI)vs › | $3.42B | 2.11 | 2.10 | 3.72 | 8.12 |
| Ichor Holdings, Ltd. (ICHR)vs › | $3.28B | 4.87 | 1.84 | 1.63 | 1.78 |
| AXT, Inc. (AXTI)vs › | $3.25B | 13.61 | 6.44 | 2.51 | 2.05 |
| EPAM Systems, Inc. (EPAM)vs › | $4.22B | 1.27 | 2.38 | 3.39 | 5.95 |
| Veeco Instruments Inc. (VECO)vs › | $4.33B | 4.85 | 2.43 | 2.55 | 2.71 |
| Klaviyo, Inc. (KVYO)vs › | $4.45B | 3.95 | 6.48 | 7.68 | 7.68 |
P/B vs. its own history
At 2.37, P/B is in its normal range, sitting higher than 45% of its 20-year history.
20-year low
0.70
median
2.63
20-year high
6.01
Book Value Analysis
P/B Ratio
2.37
Market Price / Book Value per Share
PB Ratio Formula & Definition
PB Ratio = Market Cap / Total Shareholders' Equity
The price-to-book ratio compares market capitalization to book value (shareholders' equity). Lower values can indicate a cheaper valuation relative to net assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
PB Ratio FAQ
- What is the P/B ratio for Itron, Inc. (ITRI)?
- The P/B ratio for ITRI stock is 2.37.
- Is Itron, Inc.'s P/B ratio high or low?
- The P/B ratio of 2.37 is 16% below its 5-year average of 2.84, near the low end of its 5-year range (1.70–4.29).
- What is the TTM average P/B ratio for Itron, Inc. (ITRI)?
- The TTM average P/B ratio for ITRI stock is 2.98.
- What is the 3Y average P/B ratio for Itron, Inc. (ITRI)?
- The 3Y average P/B ratio for ITRI stock is 3.16.
- What is the 5Y average P/B ratio for Itron, Inc. (ITRI)?
- The 5Y average P/B ratio for ITRI stock is 2.84.
- What is the 10Y average P/B ratio for Itron, Inc. (ITRI)?
- The 10Y average P/B ratio for ITRI stock is 3.24.
- What is the 15Y average P/B ratio for Itron, Inc. (ITRI)?
- The 15Y average P/B ratio for ITRI stock is 2.77.
- What is the 20Y average P/B ratio for Itron, Inc. (ITRI)?
- The 20Y average P/B ratio for ITRI stock is 2.73.
ITRI PB Ratio History
| DATE | PB RATIO |
|---|---|
| 2026-06-26 | 2.37 |
| 2026-06-25 | 2.35 |
| 2026-06-24 | 2.31 |
| 2026-06-23 | 2.29 |
| 2026-06-22 | 2.31 |
| 2026-06-18 | 2.29 |
| 2026-06-17 | 2.24 |
| 2026-06-16 | 2.29 |
| 2026-06-15 | 2.28 |
| 2026-06-12 | 2.28 |
| 2026-06-11 | 2.28 |
| 2026-06-10 | 2.25 |
| 2026-06-09 | 2.33 |
| 2026-06-08 | 2.31 |
| 2026-06-05 | 2.27 |
| 2026-06-04 | 2.29 |
| 2026-06-03 | 2.32 |
| 2026-06-02 | 2.37 |
| 2026-06-01 | 2.40 |
| 2026-05-29 | 2.33 |
| 2026-05-28 | 2.36 |
| 2026-05-27 | 2.41 |
| 2026-05-26 | 2.39 |
| 2026-05-22 | 2.35 |
| 2026-05-21 | 2.32 |
| 2026-05-20 | 2.30 |
| 2026-05-19 | 2.21 |
| 2026-05-18 | 2.29 |
| 2026-05-15 | 2.24 |
| 2026-05-14 | 2.31 |
| 2026-05-13 | 2.33 |
| 2026-05-12 | 2.30 |
| 2026-05-11 | 2.31 |
| 2026-05-08 | 2.32 |
| 2026-05-07 | 2.30 |
| 2026-05-06 | 2.35 |
| 2026-05-05 | 2.39 |
| 2026-05-04 | 2.38 |
| 2026-05-01 | 2.42 |
| 2026-04-30 | 2.37 |
| 2026-04-29 | 2.34 |
| 2026-04-28 | 2.46 |
| 2026-04-27 | 2.33 |
| 2026-04-24 | 2.38 |
| 2026-04-23 | 2.38 |
| 2026-04-22 | 2.41 |
| 2026-04-21 | 2.53 |
| 2026-04-20 | 2.62 |
| 2026-04-17 | 2.64 |
| 2026-04-16 | 2.60 |
| 2026-04-15 | 2.62 |
| 2026-04-14 | 2.59 |
| 2026-04-13 | 2.54 |
| 2026-04-10 | 2.53 |
| 2026-04-09 | 2.55 |
| 2026-04-08 | 2.50 |
| 2026-04-07 | 2.42 |
| 2026-04-06 | 2.45 |
| 2026-04-02 | 2.38 |
| 2026-04-01 | 2.43 |
| 2026-03-31 | 2.41 |
| 2026-03-30 | 2.25 |
| 2026-03-27 | 2.30 |
| 2026-03-26 | 2.37 |
| 2026-03-25 | 2.51 |
| 2026-03-24 | 2.49 |
| 2026-03-23 | 2.51 |
| 2026-03-20 | 2.45 |
| 2026-03-19 | 2.49 |
| 2026-03-18 | 2.46 |
| 2026-03-17 | 2.48 |
| 2026-03-16 | 2.45 |
| 2026-03-13 | 2.42 |
| 2026-03-12 | 2.43 |
| 2026-03-11 | 2.47 |
| 2026-03-10 | 2.50 |
| 2026-03-09 | 2.58 |
| 2026-03-06 | 2.45 |
| 2026-03-05 | 2.45 |
| 2026-03-04 | 2.48 |
| 2026-03-03 | 2.52 |
| 2026-03-02 | 2.55 |
| 2026-02-27 | 2.52 |
| 2026-02-26 | 2.58 |
| 2026-02-25 | 2.61 |
| 2026-02-24 | 2.63 |
| 2026-02-23 | 2.56 |
| 2026-02-20 | 2.67 |
| 2026-02-19 | 2.66 |
| 2026-02-18 | 2.67 |
| 2026-02-17 | 2.59 |
| 2026-02-13 | 2.46 |
| 2026-02-12 | 2.64 |
| 2026-02-11 | 2.75 |
| 2026-02-10 | 2.91 |
| 2026-02-09 | 2.88 |
| 2026-02-06 | 2.87 |
| 2026-02-05 | 2.74 |
| 2026-02-04 | 2.81 |
| 2026-02-03 | 2.79 |
| 2026-02-02 | 2.77 |
| 2026-01-30 | 2.73 |
| 2026-01-29 | 2.76 |
| 2026-01-28 | 2.73 |
| 2026-01-27 | 2.73 |
| 2026-01-26 | 2.71 |
| 2026-01-23 | 2.69 |
| 2026-01-22 | 2.75 |
| 2026-01-21 | 2.73 |
| 2026-01-20 | 2.67 |
| 2026-01-16 | 2.76 |
| 2026-01-15 | 2.78 |
| 2026-01-14 | 2.71 |
| 2026-01-13 | 2.74 |
| 2026-01-12 | 2.69 |
| 2026-01-09 | 2.74 |
| 2026-01-08 | 2.71 |
| 2026-01-07 | 2.68 |
| 2026-01-06 | 2.69 |
| 2026-01-05 | 2.67 |
| 2026-01-02 | 2.60 |
| 2025-12-31 | 2.56 |
| 2025-12-30 | 2.60 |
| 2025-12-29 | 2.62 |
| 2025-12-26 | 2.66 |
| 2025-12-24 | 2.64 |
| 2025-12-23 | 2.64 |
| 2025-12-22 | 2.63 |
| 2025-12-19 | 2.65 |
| 2025-12-18 | 2.61 |
| 2025-12-17 | 2.61 |
| 2025-12-16 | 2.63 |
| 2025-12-15 | 2.62 |
| 2025-12-12 | 2.65 |
| 2025-12-11 | 2.71 |
| 2025-12-10 | 2.71 |
| 2025-12-09 | 2.66 |
| 2025-12-08 | 2.67 |
| 2025-12-05 | 2.70 |
| 2025-12-04 | 2.73 |
| 2025-12-03 | 2.71 |
| 2025-12-02 | 2.66 |
| 2025-12-01 | 2.68 |
| 2025-11-28 | 2.73 |
| 2025-11-26 | 2.72 |
| 2025-11-25 | 2.67 |
| 2025-11-24 | 2.67 |
| 2025-11-21 | 2.64 |
| 2025-11-20 | 2.60 |
| 2025-11-19 | 2.62 |
| 2025-11-18 | 2.65 |
| 2025-11-17 | 2.68 |
| 2025-11-14 | 2.71 |
| 2025-11-13 | 2.74 |
| 2025-11-12 | 2.89 |
| 2025-11-11 | 2.85 |
| 2025-11-10 | 2.78 |
| 2025-11-07 | 2.90 |
| 2025-11-06 | 2.92 |
| 2025-11-05 | 2.95 |
| 2025-11-04 | 2.94 |
| 2025-11-03 | 2.94 |
| 2025-10-31 | 2.76 |
| 2025-10-30 | 3.00 |
| 2025-10-29 | 3.97 |
| 2025-10-28 | 3.85 |
| 2025-10-27 | 3.91 |
| 2025-10-24 | 3.91 |
| 2025-10-23 | 3.85 |
| 2025-10-22 | 3.81 |
| 2025-10-21 | 3.84 |
| 2025-10-20 | 3.85 |
| 2025-10-17 | 3.78 |
| 2025-10-16 | 3.86 |
| 2025-10-15 | 3.84 |
| 2025-10-14 | 3.75 |
| 2025-10-13 | 3.69 |
| 2025-10-10 | 3.51 |
| 2025-10-09 | 3.64 |
| 2025-10-08 | 3.67 |
| 2025-10-07 | 3.64 |
| 2025-10-06 | 3.62 |
| 2025-10-03 | 3.61 |
| 2025-10-02 | 3.55 |
| 2025-10-01 | 3.52 |
| 2025-09-30 | 3.58 |
| 2025-09-29 | 3.57 |
| 2025-09-26 | 3.56 |
| 2025-09-25 | 3.53 |
| 2025-09-24 | 3.54 |
| 2025-09-23 | 3.59 |
| 2025-09-22 | 3.60 |
| 2025-09-19 | 3.47 |
| 2025-09-18 | 3.48 |
| 2025-09-17 | 3.39 |
| 2025-09-16 | 3.38 |
| 2025-09-15 | 3.45 |
| 2025-09-12 | 3.44 |
| 2025-09-11 | 3.46 |
| 2025-09-10 | 3.40 |
| 2025-09-09 | 3.41 |
| 2025-09-08 | 3.45 |
| 2025-09-05 | 3.46 |
| 2025-09-04 | 3.48 |
| 2025-09-03 | 3.48 |
| 2025-09-02 | 3.48 |
| 2025-08-29 | 3.53 |
| 2025-08-28 | 3.55 |
| 2025-08-27 | 3.56 |
| 2025-08-26 | 3.57 |
| 2025-08-25 | 3.57 |
| 2025-08-22 | 3.65 |
| 2025-08-21 | 3.55 |
| 2025-08-20 | 3.58 |
| 2025-08-19 | 3.62 |
| 2025-08-18 | 3.66 |
| 2025-08-15 | 3.63 |
| 2025-08-14 | 3.60 |
| 2025-08-13 | 3.69 |
| 2025-08-12 | 3.62 |
| 2025-08-11 | 3.56 |
| 2025-08-08 | 3.61 |
| 2025-08-07 | 3.58 |
| 2025-08-06 | 3.60 |
| 2025-08-05 | 3.56 |
| 2025-08-04 | 3.62 |
| 2025-08-01 | 3.54 |
| 2025-07-31 | 3.58 |
| 2025-07-30 | 4.29 |
| 2025-07-29 | 4.24 |
| 2025-07-28 | 4.23 |
| 2025-07-25 | 4.22 |
| 2025-07-24 | 4.16 |
| 2025-07-23 | 4.20 |
| 2025-07-22 | 4.18 |
| 2025-07-21 | 4.24 |
| 2025-07-18 | 4.23 |
| 2025-07-17 | 4.24 |
| 2025-07-16 | 4.22 |
| 2025-07-15 | 4.21 |
| 2025-07-14 | 4.20 |
| 2025-07-11 | 4.17 |
| 2025-07-10 | 4.20 |
| 2025-07-09 | 4.18 |
| 2025-07-08 | 4.14 |
| 2025-07-07 | 4.17 |
| 2025-07-03 | 4.21 |
| 2025-07-02 | 4.16 |
| 2025-07-01 | 4.11 |
| 2025-06-30 | 4.08 |
| 2025-06-27 | 4.11 |
| 2025-06-26 | 4.12 |
| 2025-06-25 | 4.07 |
| 2025-06-24 | 4.05 |
| 2025-06-23 | 4.06 |
| 2025-06-20 | 3.96 |
| 2025-06-18 | 3.90 |
| 2025-06-17 | 3.86 |
| 2025-06-16 | 3.88 |
| 2025-06-13 | 3.78 |
Showing the most recent 260 of 5,032 data points. The chart above shows the full history.
Related Metrics
About Itron, Inc.
Itron, Inc., a technology, solutions, and service company, provides end-to-end solutions that help manage energy, water, and smart city operations worldwide. It operates in four segments: Device Solutions, Networked Solutions, Outcomes, and Resiliency Solution. The Device Solutions segment offers hardware products that are used for measurement, control, or sensing, such as standard gas, electricity, water, and communicating meters, as well as heat and allocation products. The Networked Solutions segment provides communicating devices, such as smart meters, modules, endpoints, and sensors; network infrastructure; network design services; and associated heat-end management and application software for acquiring and transporting application-specific data. This segment also products and software for the implementation, installation, and management of communicating devices and data networks; offers industrial internet of things solutions, including automated meter reading; advanced metering infrastructure for electricity, water, and gas; distributed energy resource management; grid edge devices; distribution automation communications; smart lighting; and smart city sensors and applications. The Outcomes segment provides value-added, enhanced software and services, artificial intelligence, and machine learning, statistical modeling, and other analytics. The Resiliency Solutions segment offers software and services. The company offers implementation, project management, installation, consulting, and post-sale maintenance support services, as well as cloud and software-as-a-service; and extended or customer-specific warranties. It offers its products and services under the Itron brand. The company serves utility and smart city customers, and municipalities through its sales force, distributors, agents, partners, and meter manufacturer representatives. Itron, Inc. was incorporated in 1977 and is headquartered in Liberty Lake, Washington.
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- CEO
- Thomas L. Deitrich