The current PE ratio for Tetra Technologies stock as of May 3, 2024 is 24.69. This is calculated based on the current EPS of $0.16 and the stock price of $3.95 per share. The current price-to-earnings ratio is about the same as the last four quarters average.
The average historical PE ratio of Tetra Technologies for the last four years is 43.14. The current PE ratio of 24.69 is 43% below the historical average. Over the past four years, TTI's PE ratio was at its highest in the Mar 2022 quarter at 205.5, when the stock price was $4.11 and the EPS was $0.02. The lowest value was in the Dec 2021 quarter, when it reached 3.46 with a price of $2.84 and an EPS of $0.82.
Maximum annual increase: 1,566.76% in 2022
Maximum annual decrease: -60.81% in 2023
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 22.6 | -60.81% |
| 2022 | 57.67 | 1,566.76% |
| 2021 | 3.46 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
Currently, TTI's PE ratio is below the 3, 5 and 10-year averages.
TTI's PE ratio is higher than its peer stocks SLB and HAL.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Co | 12.73 | $32.68B |
| SLB Schlumberger Limited | 15.73 | $68.58B |
| OII Oceaneering International Inc | 21.77 | $2.38B |
| TTI Tetra Technologies Inc | 24.13 | $506.2M |
| HLX Helix Energy Solutions Group Inc | N/A | $1.73B |
The price to earnings ratio for TTI stock as of May 3, 2024, stands at 24.69.
Over the last 3 years, the average price to earnings ratio for TTI stock is 46.31.
Over the last 5 years, the average price to earnings ratio for TTI stock is 43.14.
Over the last four years, the quarterly PE ratio reached a historic high of 205.5 in the Mar 2022 quarter.
The current price to earnings ratio of TTI is 43% lower than the 4-year historical average.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 3, 2024), Tetra Technologies's stock price is $3.95. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.16. Therefore, Tetra Technologies's P/E ratio for today is 24.69. PE RATIO(24.69) = STOCK PRICE($3.95) / TTM EPS($0.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.