Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 16.07.
Forward PE Ratio (16.07) = Close Price ($101.48) / Consensus Forward EPS ($6.39)
FORWARD PE RATIO
16.07
SECTOR MEDIAN · TECHNOLOGY
28.91
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
-44.41%
vs the sector median at left
Itron, Inc.
Market Cap
$4.44B
Forward PE Ratio
16.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Itron, Inc. (ITRI) | $4.44B | 16.07 |
| Box, Inc. (BOX)vs › | $4.49B | 25.13 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.80B | 18.40 |
| AXT, Inc. (AXTI)vs › | $3.98B | N/A |
| Klaviyo, Inc. (KVYO)vs › | $5.13B | N/A |
| EPAM Systems, Inc. (EPAM)vs › | $5.19B | 7.70 |
| Ambarella, Inc. (AMBA)vs › | $3.62B | 140.17 |
| monday.com Ltd. (MNDY)vs › | $3.62B | 18.78 |
| Veeco Instruments Inc. (VECO)vs › | $3.33B | N/A |
| Genpact Limited (G)vs › | $5.71B | 8.34 |
Trailing P/E
17.1
reported TTM EPS
Forward P/E
16.1
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $6.39 implies +6.7% EPS growth vs the reported trailing $5.99.
At today's $101.48 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $6.38 | $5.99 – $6.52 | 9 | 15.9x |
| 2027-12-31 | $6.85 | $6.11 – $7.44 | 10 | 14.8x |
| 2028-12-31 | $8.03 | $6.76 – $9.99 | 4 | 12.6x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
