P/E ratio for Tetra Tech (TTEK)
P/E ratio as of September 2023 (TTM): 27.2
According to Tetra Tech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.1582. At the end of 2021 the company had a P/E ratio of 36.8.
P/E ratio history for Tetra Tech from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 36.8 | 5.3% |
| 2020 | 35.0 | 21.39% |
| 2019 | 28.8 | 33.03% |
| 2018 | 21.7 | 8.87% |
| 2017 | 19.9 | -30.37% |
| 2016 | 28.6 | -33.01% |
| 2015 | 42.7 | 166.8% |
| 2014 | 16.0 | -100.57% |
| 2013 | < -1000 | -18069.78% |
| 2012 | 15.6 | 3.85% |
| 2011 | 15.0 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waste Management WM | 27.6 | 1.55% | 🇺🇸 USA |
 ICF International ICFI | 35.2 | 29.54% | 🇺🇸 USA |
 MYR Group MYRG | 25.6 | -5.56% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -12.3 | -145.22% | 🇺🇸 USA |
 Hill International
HIL | -85.0 | -412.98% | 🇺🇸 USA |
 Clean Harbors
CLH | 22.4 | -17.68% | 🇺🇸 USA |
 AECOM ACM | 86.2 | 217.38% | 🇺🇸 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.