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TTEK (Tetra Tech) PB Ratio : 6.15 (As of Dec. 14, 2024)


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What is Tetra Tech PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Tetra Tech's share price is $42.04. Tetra Tech's Book Value per Share for the quarter that ended in Sep. 2024 was $6.84. Hence, Tetra Tech's PB Ratio of today is 6.15.

Good Sign:

Tetra Tech Inc stock PB Ratio (=6.11) is close to 1-year low of 5.61

The historical rank and industry rank for Tetra Tech's PB Ratio or its related term are showing as below:

TTEK' s PB Ratio Range Over the Past 10 Years
Min: 1.44   Med: 4.44   Max: 8.29
Current: 6.15

During the past 13 years, Tetra Tech's highest PB Ratio was 8.29. The lowest was 1.44. And the median was 4.44.

TTEK's PB Ratio is ranked worse than
90.64% of 1678 companies
in the Construction industry
Industry Median: 1.25 vs TTEK: 6.15

During the past 12 months, Tetra Tech's average Book Value Per Share Growth Rate was 29.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tetra Tech was 126.40% per year. The lowest was -11.90% per year. And the median was 11.00% per year.

Back to Basics: PB Ratio


Tetra Tech PB Ratio Historical Data

The historical data trend for Tetra Tech's PB 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.

* Premium members only.

Tetra Tech PB Ratio Chart

Tetra Tech Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.95 6.53 5.76 5.77 6.90

Tetra Tech Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB 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 5.77 5.80 6.23 6.57 6.90

Competitive Comparison of Tetra Tech's PB Ratio

For the Engineering & Construction subindustry, Tetra Tech'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.


Tetra Tech's PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Tetra Tech's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tetra Tech's PB Ratio falls into.



Tetra Tech PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Tetra Tech's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=42.04/6.837
=6.15

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Tetra Tech  (NAS:TTEK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Tetra Tech PB Ratio Related Terms

Thank you for viewing the detailed overview of Tetra Tech's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tetra Tech Business Description

Traded in Other Exchanges
Address
3475 East Foothill Boulevard, Pasadena, CA, USA, 91107
Tetra Tech Inc provides consulting and engineering services for environmental, infrastructure, resource management, energy, and international development markets. It specializes in providing water-related services for public and private clients. It designs infrastructure, facilities, and other structures with complex plans and resource management. Tetra Tech has two reportable segments. Its Government Services Group (GSG) segment includes activities with U.S. government clients (federal, state and local) and activities with development agencies world-wide. Commercial/International Services Group (CIG) segment, which derives maximum revenue, includes activities with U.S. commercial clients and international clients other than development agencies.
Executives
Kimberly E Ritrievi director TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Steven M Burdick officer: EVP, CFO TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Leslie L Shoemaker officer: EVP, WEI GROUP PRESIDENT TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Kirsten M Volpi director TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Preston Iii Hopson officer: SVP, GENERAL COUNSEL 3475 E FOOTHILL BLVD, PASADENA CA 91107
Dan L Batrack director, officer: CHAIRMAN AND CEO TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
J Kenneth Thompson director ALASKA AIR GROUP, 19300 PACIFIC HIGHWAY SOUTH, SEATTLE WA 98188
Brian N Carter officer: SVP, CORPORATE CONTROLLER 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Jill Hudkins officer: President 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Roger R Argus officer: SVP, Gov't Svcs. Group TETRA TECH, INC., 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Christiana Obiaya director 130 W UNION STREET, PASADENA CA 91103
J Christopher Lewis director TETRA TECH, INC, 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Prashant Gandhi director 3475 E. FOOTHILL BLVD., PASADENA CA 91107
William R Brownlie officer: SVP, CHIEF ENGINEER 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107
Patrick C Haden director 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107