According to Tetra Tech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.17399. At the end of 2022 the company had a P/E ratio of 4.96.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.96 | -32.62% |
2021 | 7.37 | 5.3% |
2020 | 7.00 | 21.39% |
2019 | 5.76 | 33.03% |
2018 | 4.33 | 8.87% |
2017 | 3.98 | -30.37% |
2016 | 5.72 | -33.01% |
2015 | 8.53 | 166.8% |
2014 | 3.20 | -100.57% |
2013 | -560 | -18069.78% |
2012 | 3.11 | 3.85% |
2011 | 3.00 | -21.62% |
2010 | 3.83 | 4.91% |
2009 | 3.65 | -18.45% |
2008 | 4.47 | -11.6% |
2007 | 5.06 | -6.32% |
2006 | 5.40 | -401.53% |
2005 | -1.79 | -117.12% |
2004 | 10.5 | -346.2% |
2003 | -4.25 | -185.34% |
2002 | 4.98 | 6.04% |
2001 | 4.70 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.