Teledyne Technologies's book value per share for the quarter that ended in Dec. 2023 was $194.82.
During the past 12 months, Teledyne Technologies's average Book Value Per Share Growth Rate was 11.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 30.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 29.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 19.90% 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 book value growth rate using book value per share data.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Teledyne Technologies was 49.00% per year. The lowest was 4.20% per year. And the median was 16.80% per year.
Teledyne Technologies's current price is $401.36. Its book value per share for the quarter that ended in Dec. 2023 was $194.82. Hence, today's PB Ratio of Teledyne Technologies is 2.06.
During the past 13 years, the highest P/B Ratio of Teledyne Technologies was 5.24. The lowest was 1.99. And the median was 2.68.
Good Sign:
Teledyne Technologies Inc stock PB Ratio (=2.05) is close to 10-year low of 1.99
Teledyne Technologies Book Value per Share Historical Data
The historical data trend for Teledyne Technologies's Book Value 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.
For the Scientific & Technical Instruments subindustry, Teledyne Technologies's PB Ratio, along with its competitors' market caps and PB 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.
Teledyne Technologies PB Ratio Distribution
For the Hardware industry and Technology sector, Teledyne Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Teledyne Technologies's PB Ratio falls into.
Teledyne Technologies Book Value per Share Calculation
Teledyne Technologies's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Teledyne Technologies (NYSE:TDY) Book Value per Share Explanation
Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.
For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.
Teledyne Technologies Book Value per Share Related Terms
Thank you for viewing the detailed overview of Teledyne Technologies's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Teledyne Technologies (Teledyne Technologies) Business Description
Teledyne Technologies Inc sells technologies for industrial markets. Roughly a fourth of Teledyne's revenue comes from contracts with the United States government. The firm operates in four segments: instrumentation, digital imaging, aerospace and defense electronics, and engineered systems. The instrumentation segment provides monitoring instruments primarily for marine and environmental applications. The digital imaging segment contributes the largest proportion of revenue, and includes image sensors and cameras for industrial, government, and medical customers. The aerospace and defense electronics segment provides electronic components and communication products for aircraft. The engineered systems segment provides solutions for defense, space, environmental, and energy applications.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TDY has been successfully added to your 