Teledyne Technologies Inc stock PB Ratio (=1.86) is close to 10-year low of 1.86
The historical rank and industry rank for Teledyne Technologies's PB Ratio or its related term are showing as below:
TDY'
s PB Ratio Range Over the Past 10 Years
Min: 1.86 Med: 2.68 Max: 5.24
Current: 1.94
During the past 13 years, Teledyne Technologies's highest PB Ratio was 5.24. The lowest was 1.86. And the median was 2.68.
TDY's PB Ratio is ranked worse than 50.75% of 2392
companies
in the Hardware industry
Industry Median: 1.83
vs TDY: 1.94
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.
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.
* 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.
Competitive Comparison of Teledyne Technologies's PB Ratio
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's PB Ratio Distribution in the Hardware Industry
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 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.
* 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.
Teledyne Technologies (NYSE:TDY) PB Ratio Explanation
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.
Teledyne Technologies PB Ratio Related Terms
Thank you for viewing the detailed overview of Teledyne Technologies's PB Ratio 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.
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