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 (2024-04-25), Tetra Tech's share price is $189.29. Tetra Tech's Book Value per Share for the quarter that ended in Dec. 2023 was $28.76. Hence, Tetra Tech's PB Ratio of today is 6.58.
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: 1.42 Med: 3.47 Max: 8.29
Current: 6.58
During the past 13 years, Tetra Tech's highest PB Ratio was 8.29. The lowest was 1.42. And the median was 3.47.
TTEK's PB Ratio is ranked worse than 93.98% of 1610
companies
in the Construction industry
Industry Median: 1.215
vs TTEK: 6.58
During the past 12 months, Tetra Tech's average Book Value Per Share Growth Rate was 15.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 11.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 8.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 5.50% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Tetra Tech was 125.50% per year. The lowest was -11.90% per year. And the median was 10.20% 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.
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:
* 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.
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 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) reportable segment primarily includes activities with U.S. government clients (federal, state and local) and activities with development agencies worldwide. Commercial/International Services Group (CIG) reportable segment primarily includes activities with U.S. commercial clients and international clients other than development agencies.
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