TTI Tetra Technologies PE ratio, current and historical analysis
The current PE ratio for Tetra Technologies stock as of Nov 21, 2024 is 202.0. This is calculated based on the current EPS of $0.02 and the stock price of $4.04 per share. The current price-to-earnings ratio is about the same as the last four quarters average.
TTI PE ratio history
The average historical PE ratio of Tetra Technologies for the last four years is 50.61. The current PE ratio of 202.0 is comparable to 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.
Tetra Technologies PE ratio by year
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 |
TTI average PE ratio chart
Currently, TTI's PE ratio is greater than its 3, 5 and 10-year historical averages.
TTI PE vs peers
TTI's PE ratio is lower than its peer stock HLX, but it is greater than SLB's and HAL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Co | 11.1 | $28B |
| SLB Schlumberger Limited | 13.99 | $62.22B |
| OII Oceaneering International Inc | 21.5 | $2.91B |
| TTI Tetra Technologies Inc | 202 | $532.51M |
| HLX Helix Energy Solutions Group Inc | 279.75 | $1.7B |
Frequently asked questions
What is Tetra Technologies's PE ratio?
The price to earnings ratio for TTI stock as of Nov 21, 2024, stands at 202.
What is the 3-year average PE ratio for Tetra Technologies (TTI)?
Over the last 3 years, the average price to earnings ratio for TTI stock is 61.86.
What is the 5-year average PE ratio for Tetra Technologies (TTI)?
Over the last 5 years, the average price to earnings ratio for TTI stock is 50.61.
What is the highest PE ratio for TTI?
Over the last four years, the quarterly PE ratio reached a historic high of 205.5 in the Mar 2022 quarter.
How does the current PE ratio for TTI compare to its historical average?
The current price to earnings ratio of TTI is 299% higher than the 4-year historical average.
Why is Tetra Technologies's PE ratio so high?
TTI's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.
How is TTI's PE ratio calculated (Tetra Technologies PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Tetra Technologies's stock price is $4.04. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.02. Therefore, Tetra Technologies's P/E ratio for today is 202. PE RATIO(202) = STOCK PRICE($4.04) / TTM EPS($0.02)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.