As of Jul 26, 2024, the TTEK stock has a P/E ratio of 42.28. The calculation is based on the latest EPS of $4.98 and the stock price of $210.55 per share. An increase of 26% has been observed in the PE ratio compared to its average of 33.5 of the past four quarters.
The mean historical PE ratio of Tetra Tech over the last ten years is 30.2. The current 42.28 price-to-earnings ratio is 40% more than the historical average. Analyzing the last ten years, TTEK's PE ratio reached its highest point in the Jun 2016 quarter at 81.92, with a price of $30.31 and an EPS of $0.37. The Sep 2014 quarter saw the lowest point at 15, with a price of $25.2 and an EPS of $1.68.
Maximum annual increase: 159.6% in 2015
Maximum annual decrease: -36.75% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 29.58 | 12.99% |
| 2022 | 26.18 | -25.69% |
| 2021 | 35.23 | 23.92% |
| 2020 | 28.43 | -3.27% |
| 2019 | 29.39 | 5.87% |
| 2018 | 27.76 | 23.43% |
| 2017 | 22.49 | -8.69% |
| 2016 | 24.63 | -36.75% |
| 2015 | 38.94 | 159.6% |
| 2014 | 15 | N/A |
TTEK's current PE ratio is higher than the 3, 5 and 10-year averages.
When compared to its peer stocks WM and CLH, TTEK's PE ratio is higher. Tetra Tech's PE ratio is trading above the peer average of 27.46.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GLDD Great Lakes Dredge & Dock CORP | 16.03 | $633.91M |
| MYRG Myr Group Inc | 28.92 | $2.52B |
| ICFI ICF International Inc | 28.99 | $2.7B |
| WM Waste Management Inc | 31.12 | $79.04B |
| CLH Clean Harbors Inc | 32.22 | $12.06B |
| TTEK Tetra Tech Inc | 42.28 | $11.26B |
| ACM Aecom | N/A | $12.28B |
TTEK's price to earnings ratio is 42.28 as of Jul 26, 2024.
The 3-year average PE ratio for TTEK stock is 31.48.
The 5-year average PE ratio for TTEK stock is 31.31.
Over the last ten years, the quarterly PE ratio reached its highest level at 81.92 in the Jun 2016 quarter.
TTEK's current price to earnings ratio is 40% above its 10-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Tetra Tech's share price is $210.55. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $4.98. Therefore, Tetra Tech's price to earnings ratio for today is 42.28. PE RATIO(42.28) = STOCK PRICE($210.55) / TTM EPS($4.98)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.