Tetra Tech Stock Price To Earning
TTEK Stock | USD 40.96 0.17 0.42% |
Tetra Tech fundamentals help investors to digest information that contributes to Tetra Tech's financial success or failures. It also enables traders to predict the movement of Tetra Stock. The fundamental analysis module provides a way to measure Tetra Tech's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tetra Tech stock.
Tetra | Price To Earning |
Tetra Tech Company Price To Earning Analysis
Tetra Tech's Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Tetra Tech Price To Earning | 33.44 X |
Most of Tetra Tech's fundamental indicators, such as Price To Earning, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tetra Tech is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Tetra Price To Earning Driver Correlations
Understanding the fundamental principles of building solid financial models for Tetra Tech is extremely important. It helps to project a fair market value of Tetra Stock properly, considering its historical fundamentals such as Price To Earning. Since Tetra Tech's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Tetra Tech's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Tetra Tech's interrelated accounts and indicators.
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Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
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Tetra Retained Earnings
Retained Earnings |
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Based on the latest financial disclosure, Tetra Tech has a Price To Earning of 33.44 times. This is 68.97% higher than that of the Commercial Services & Supplies sector and 39.74% higher than that of the Industrials industry. The price to earning for all United States stocks is 16.43% lower than that of the firm.
Tetra Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tetra Tech's direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tetra Tech could also be used in its relative valuation, which is a method of valuing Tetra Tech by comparing valuation metrics of similar companies.Tetra Tech is currently under evaluation in price to earning category among its peers.
Tetra Tech ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Tetra Tech's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Tetra Tech's managers, analysts, and investors.Environmental | Governance | Social |
Tetra Fundamentals
Return On Equity | 0.19 | |||
Return On Asset | 0.0765 | |||
Profit Margin | 0.07 % | |||
Operating Margin | 0.13 % | |||
Current Valuation | 11.55 B | |||
Shares Outstanding | 267.74 M | |||
Shares Owned By Insiders | 0.38 % | |||
Shares Owned By Institutions | 96.01 % | |||
Number Of Shares Shorted | 3.92 M | |||
Price To Earning | 33.44 X | |||
Price To Book | 5.88 X | |||
Price To Sales | 2.58 X | |||
Revenue | 5.2 B | |||
Gross Profit | 575.56 M | |||
EBITDA | 500.74 M | |||
Net Income | 333.44 M | |||
Cash And Equivalents | 185.09 M | |||
Cash Per Share | 3.49 X | |||
Total Debt | 1.02 B | |||
Debt To Equity | 0.39 % | |||
Current Ratio | 1.26 X | |||
Book Value Per Share | 6.88 X | |||
Cash Flow From Operations | 358.71 M | |||
Short Ratio | 2.75 X | |||
Earnings Per Share | 1.23 X | |||
Price To Earnings To Growth | 2.23 X | |||
Target Price | 50.33 | |||
Number Of Employees | 27 K | |||
Beta | 0.94 | |||
Market Capitalization | 10.92 B | |||
Total Asset | 4.19 B | |||
Retained Earnings | 1.87 B | |||
Working Capital | 158.03 M | |||
Current Asset | 935.43 M | |||
Current Liabilities | 481.09 M | |||
Annual Yield | 0.01 % | |||
Five Year Return | 0.66 % | |||
Net Asset | 4.19 B |
About Tetra Tech Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tetra Tech's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tetra Tech using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tetra Tech based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Try AI Portfolio ArchitectCheck out Tetra Tech Piotroski F Score and Tetra Tech Altman Z Score analysis. For more information on how to buy Tetra Stock please use our How to buy in Tetra Stock guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Is Environmental & Facilities Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tetra Tech. If investors know Tetra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tetra Tech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.749 | Earnings Share 1.23 | Revenue Per Share 15.861 | Quarterly Revenue Growth 0.082 | Return On Assets 0.0765 |
The market value of Tetra Tech is measured differently than its book value, which is the value of Tetra that is recorded on the company's balance sheet. Investors also form their own opinion of Tetra Tech's value that differs from its market value or its book value, called intrinsic value, which is Tetra Tech's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tetra Tech's market value can be influenced by many factors that don't directly affect Tetra Tech's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tetra Tech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tetra Tech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tetra Tech's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.