Tetra Tech
TTEK
#1654
Rank
$9.87 B
Marketcap
$184.71
Share price
0.04%
Change (1 day)
27.78%
Change (1 year)

P/E ratio for Tetra Tech (TTEK)

P/E ratio as of March 2024 (TTM): 32.5

According to Tetra Tech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 32.4622. At the end of 2022 the company had a P/E ratio of 24.8.

P/E ratio history for Tetra Tech from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202224.8-32.62%
202136.85.3%
202035.021.39%
201928.833.03%
201821.78.87%
201719.9-30.37%
201628.6-33.01%
201542.7166.8%
201416.0-100.57%
2013< -1000-18069.78%
201215.63.85%
201115.0-21.62%
201019.14.91%
200918.2-18.45%
200822.4-11.6%
200725.3-6.32%
200627.0-401.53%
2005-8.95-117.12%
200452.3-346.2%
2003-21.2-185.34%
200224.96.04%
200123.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
37.5 15.40%๐Ÿ‡บ๐Ÿ‡ธ USA
43.9 35.28%๐Ÿ‡บ๐Ÿ‡ธ USA
32.2-0.82%๐Ÿ‡บ๐Ÿ‡ธ USA
-13.7-142.12%๐Ÿ‡บ๐Ÿ‡ธ USA
-85.0-361.84%๐Ÿ‡บ๐Ÿ‡ธ USA
30.0-7.44%๐Ÿ‡บ๐Ÿ‡ธ USA
101 211.48%๐Ÿ‡บ๐Ÿ‡ธ 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.