P/E ratio for Teradyne (TER)
P/E ratio as of April 2024 (TTM): 30.7
According to Teradyne's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.7362. At the end of 2022 the company had a P/E ratio of 19.3.
P/E ratio history for Teradyne from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 19.3 | -26.97% |
| 2021 | 26.5 | 4.18% |
| 2020 | 25.4 | 5.04% |
| 2019 | 24.2 | 87.25% |
| 2018 | 12.9 | -60.21% |
| 2017 | 32.5 | -126.83% |
| 2016 | -121 | -665.78% |
| 2015 | 21.4 | -51.95% |
| 2014 | 44.5 | 117.15% |
| 2013 | 20.5 | 40.71% |
| 2012 | 14.6 | 110.45% |
| 2011 | 6.92 | 4.96% |
| 2010 | 6.59 | -147.92% |
| 2009 | -13.8 | 656.28% |
| 2008 | -1.82 | -107.39% |
| 2007 | 24.6 | 67.86% |
| 2006 | 14.7 | -54.7% |
| 2005 | 32.4 | 59.33% |
| 2004 | 20.3 | -181.45% |
| 2003 | -25.0 | 653.71% |
| 2002 | -3.31 | -87.37% |
| 2001 | -26.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Agilent Technologies A | 34.6 | 12.50% | 🇺🇸 USA |
 Cohu COHU | 19.1 | -37.82% | 🇺🇸 USA |
 Aehr Test Systems AEHR | 16.4 | -46.66% | 🇺🇸 USA |
 National Instruments
NATI | 43.8 | 42.44% | 🇺🇸 USA |
How to read a P/E ratio?
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.