P/E ratio for Tetra Tech (TTEK)
P/E ratio as of May 2024 (TTM): 38.4
According to Tetra Tech 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.3884. 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 |
|---|---|---|
| 2022 | 24.8 | -32.62% |
| 2021 | 36.8 | 5.3% |
| 2020 | 35.0 | 21.39% |
| 2019 | 28.8 | 33.03% |
| 2018 | 21.7 | 8.87% |
| 2017 | 19.9 | -30.37% |
| 2016 | 28.6 | -33.01% |
| 2015 | 42.7 | 166.8% |
| 2014 | 16.0 | -100.57% |
| 2013 | < -1000 | -18069.78% |
| 2012 | 15.6 | 3.85% |
| 2011 | 15.0 | -21.62% |
| 2010 | 19.1 | 4.91% |
| 2009 | 18.2 | -18.45% |
| 2008 | 22.4 | -11.6% |
| 2007 | 25.3 | -6.32% |
| 2006 | 27.0 | -401.53% |
| 2005 | -8.95 | -117.12% |
| 2004 | 52.3 | -346.2% |
| 2003 | -21.2 | -185.34% |
| 2002 | 24.9 | 6.04% |
| 2001 | 23.5 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Waste Management WM | 37.3 | -2.85% | 🇺🇸 USA |
 ICF International ICFI | 42.7 | 11.35% | 🇺🇸 USA |
 MYR Group MYRG | 27.7 | -27.96% | 🇺🇸 USA |
 Great Lakes Dredge & Dock Corp. GLDD | -15.0 | -139.07% | 🇺🇸 USA |
 Hill International
HIL | -85.0 | -321.42% | 🇺🇸 USA |
 Clean Harbors
CLH | 31.5 | -17.99% | 🇺🇸 USA |
 AECOM ACM | 92.4 | 140.65% | 🇺🇸 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.