Tetra Technologies (TTI) - P/B ratio

P/B ratio as of September 2024 : 2.56

According to Tetra Technologies's latest financial reports the company has a price-to-book ratio of 2.56.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Tetra Technologies - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	3.99	-4.59%
2022-12-31	4.18	14.35%
2021-12-31	3.66	139.49%
2020-12-31	1.53	1.11%
2019-12-31	1.51	123.63%
2018-12-31	0.6754	-51.88%
2017-12-31	1.40	-2.63%
2016-12-31	1.44	22.81%
2015-12-31	1.17	68.9%
2014-12-31	0.6950	-57.4%
2013-12-31	1.63	63.24%
2012-12-31	0.9993	-21.21%
2011-12-31	1.27	-27.69%
2010-12-31	1.75	20.8%
2009-12-31	1.45	105.4%
2008-12-31	0.7069	-72.66%
2007-12-31	2.59	-40.94%
2006-12-31	4.38	17.2%
2005-12-31	3.73	38.43%
2004-12-31	2.70	6.1%
2003-12-31	2.54	52.5%
2002-12-31	1.67

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Halliburton HAL	2.56	-0.07%	🇺🇸 USA
Schlumberger SLB	2.64	3.14%	🇺🇸 USA
RPC RES	1.29	-49.50%	🇺🇸 USA
Helix Energy Solutions HLX	0.9996	-60.94%	🇺🇸 USA
Oceaneering International OII	3.86	50.93%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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