The current PE ratio for Tetra Technologies stock as of Jul 26, 2024 is 23.44. This is calculated based on the current EPS of $0.16 and the stock price of $3.75 per share. The P/E ratio has a decrease of 7% from the past four quarters average of 25.1.
The average historical PE ratio of Tetra Technologies for the last four years is 43.14. The current PE ratio of 23.44 is 46% 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 lower than its peer stock OII, but it is greater than SLB's and HAL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| HAL Halliburton Co | 11.86 | $30.45B |
| SLB Schlumberger Limited | 15.75 | $69.33B |
| TTI Tetra Technologies Inc | 23.44 | $491.77M |
| OII Oceaneering International Inc | 27.55 | $3.02B |
| HLX Helix Energy Solutions Group Inc | N/A | $1.89B |
The price to earnings ratio for TTI stock as of Jul 26, 2024, stands at 23.44.
Over the last 3 years, the average price to earnings ratio for TTI stock is 49.85.
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 46% 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 (Jul 26, 2024), Tetra Technologies's stock price is $3.75. 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 23.44. PE RATIO(23.44) = STOCK PRICE($3.75) / TTM EPS($0.16)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.