Itron Pb Ratio from 2010 to 2024

ITRI Stock  USD 116.37  2.26  1.98%   
Itron's PB Ratio is increasing with slightly volatile movements from year to year. PB Ratio is predicted to flatten to 2.09. For the period between 2010 and 2024, Itron, PB Ratio quarterly trend regression had mean deviation of  0.73 and range of 3.1258. View All Fundamentals
 
PB Ratio  
First Reported
2010-12-31
Previous Quarter
2.61630249
Current Value
2.09
Quarterly Volatility
0.94264331
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Itron financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Itron's main balance sheet or income statement drivers, such as Depreciation And Amortization of 75.1 M, Interest Expense of 7.9 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.4, Dividend Yield of 7.0E-4 or PTB Ratio of 2.09. Itron financial statements analysis is a perfect complement when working with Itron Valuation or Volatility modules.
  
Check out the analysis of Itron Correlation against competitors.

Latest Itron's Pb Ratio Growth Pattern

Below is the plot of the Pb Ratio of Itron Inc over the last few years. It is Itron's PB Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Itron's overall financial position and show how it may be relating to other accounts over time.
Pb Ratio10 Years Trend
Slightly volatile
   Pb Ratio   
       Timeline  

Itron Pb Ratio Regression Statistics

Arithmetic Mean2.68
Geometric Mean2.55
Coefficient Of Variation35.14
Mean Deviation0.73
Median2.38
Standard Deviation0.94
Sample Variance0.89
Range3.1258
R-Value0.33
Mean Square Error0.86
R-Squared0.11
Significance0.24
Slope0.07
Total Sum of Squares12.44

Itron Pb Ratio History

2024 2.09
2023 2.62
2022 1.96
2021 2.72
2020 4.73
2019 4.28
2018 2.6

About Itron Financial Statements

Investors use fundamental indicators, such as Itron's Pb Ratio, to determine how well the company is positioned to perform in the future. Although Itron's investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
PB Ratio 2.62  2.09 

Currently Active Assets on Macroaxis

When determining whether Itron Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Itron's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Itron Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Itron Inc Stock:
Check out the analysis of Itron Correlation against competitors.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Itron. If investors know Itron will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Itron listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.954
Earnings Share
4.87
Revenue Per Share
52.896
Quarterly Revenue Growth
0.098
Return On Assets
0.0544
The market value of Itron Inc is measured differently than its book value, which is the value of Itron that is recorded on the company's balance sheet. Investors also form their own opinion of Itron's value that differs from its market value or its book value, called intrinsic value, which is Itron's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Itron's market value can be influenced by many factors that don't directly affect Itron's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Itron's value and its price as these two are different measures arrived at by different means. Investors typically determine if Itron is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Itron's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.