Stock Analysis on Net
Stock Analysis on Net

Teradyne Inc. (NASDAQ:TER)

This company has been moved to the archive! The financial data has not been updated since May 3, 2024.

Common Stock Valuation Ratios (Price Multiples)
Quarterly Data

Microsoft Excel

Valuation ratios measure the quantity of an asset or flaw (e.g., earnings) associated with ownership of a specified claim (e.g., a share of ownership of the enterprise).

Historical Valuation Ratios (Summary)

Teradyne Inc., historical price multiples (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
Price to earnings (P/E) 43.79 34.96 26.60 29.57 22.54 21.98 17.20 18.79 17.48 17.85 23.82 21.97 26.20 28.14 20.89 23.94 18.17 21.58 — — —
Price to operating profit (P/OP) 38.69 31.31 24.68 26.22 19.43 18.90 14.32 15.60 14.71 15.08 19.95 18.59 22.32 23.77 17.20 19.95 14.55 18.22 — — —
Price to sales (P/S) 7.07 5.86 4.90 5.78 4.76 4.98 3.99 4.60 4.62 4.89 6.57 6.07 6.66 7.07 4.94 5.39 3.88 4.40 — — —
Price to book value (P/BV) 7.35 6.21 5.49 6.79 5.86 6.41 5.85 6.87 6.86 7.07 9.26 8.39 9.17 10.00 7.47 8.59 6.26 6.82 7.18 5.99 5.62

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Teradyne Inc. P/E ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Teradyne Inc. P/OP ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Teradyne Inc. P/S ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Teradyne Inc. P/BV ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Price to Earnings (P/E)

Teradyne Inc., historical P/E calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 156,111,885 153,080,607 152,878,728 154,013,736 155,038,743 156,047,868 155,756,146 156,781,680 160,203,017 162,417,046 163,004,340 164,973,199 166,266,321 166,694,772 166,055,827 166,032,335 165,768,292 166,784,497 167,577,669 169,945,820 171,395,402
Selected Financial Data (US$)
Net income (in thousands) 64,197 117,055 128,116 120,050 83,531 172,301 183,485 197,787 161,928 224,040 256,718 328,319 205,512 196,330 222,718 188,908 176,191 125,073 135,860 97,397 109,138
Earnings per share (EPS)2 2.75 2.93 3.30 3.63 4.11 4.59 4.93 5.36 6.06 6.25 6.05 5.78 4.89 4.70 4.29 3.77 3.22 2.80 0.00 0.00 0.00
Share price1, 3 120.44 102.48 87.70 107.41 92.63 100.77 84.72 100.75 105.92 111.52 144.22 126.87 128.17 132.39 89.70 90.26 58.58 60.49 63.51 52.17 48.25
Valuation Ratio
P/E ratio4 43.79 34.96 26.60 29.57 22.54 21.98 17.20 18.79 17.48 17.85 23.82 21.97 26.20 28.14 20.89 23.94 18.17 21.58 — — —
Benchmarks
P/E Ratio, Competitors5
Advanced Micro Devices Inc. 208.95 317.27 839.13 — 332.75 96.16 41.59 50.59 47.48 45.54 37.20 34.57 35.41 41.66 104.54 146.69 129.05 169.62 — — —
Analog Devices Inc. 34.12 27.14 23.57 23.96 28.93 31.21 46.35 50.61 68.72 68.31 35.88 36.19 41.93 41.43 39.23 37.97 37.64 31.04 26.42 23.89 24.87
Applied Materials Inc. 23.55 19.63 18.50 17.61 14.79 13.55 13.59 14.82 17.99 22.05 22.54 28.42 27.11 22.31 18.29 17.29 21.57 20.25 15.06 10.73 9.34
Broadcom Inc. 50.29 36.78 25.96 24.11 20.92 20.70 21.10 26.03 31.86 40.73 35.19 42.12 50.39 66.38 65.22 51.79 36.94 47.09 38.49 30.48 17.68
First Solar Inc. 18.55 18.65 32.11 135.77 515.10 — 149.27 55.89 36.08 17.16 27.30 16.25 15.73 21.56 44.30 78.20 107.84 — — — —
Intel Corp. 33.38 109.27 — — — 14.54 9.02 7.80 7.24 9.85 9.53 11.59 12.86 11.02 9.00 9.09 11.04 13.91 — — —
KLA Corp. 20.06 20.04 15.12 15.62 13.89 16.89 15.13 18.50 19.76 25.97 26.04 33.15 23.59 25.92 24.82 23.60 23.68 18.44 — — —
Lam Research Corp. 19.89 19.27 14.05 12.60 10.51 13.77 13.97 17.91 18.12 21.03 26.30 24.88 18.98 24.22 18.13 22.89 18.89 13.64 — — —
Micron Technology Inc. — — — 43.16 8.72 6.62 5.97 9.80 14.54 13.38 21.84 32.41 28.88 21.80 25.33 21.69 17.42 7.98 4.06 3.73 2.39
NVIDIA Corp. 200.72 131.70 63.65 48.55 49.72 68.08 97.36 73.53 73.45 78.54 86.91 88.41 65.08 67.59 53.31 33.05 29.68 22.77 — — —
Qualcomm Inc. 21.35 17.07 16.75 11.92 12.87 9.75 13.40 13.56 21.24 17.15 17.46 19.20 27.40 28.06 38.25 21.95 24.49 22.03 26.26 42.74 28.15
Texas Instruments Inc. 26.94 22.24 18.13 20.79 18.08 18.88 16.05 18.27 19.01 20.38 23.61 25.25 27.20 27.95 26.95 24.04 20.66 24.47 — — —

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2024 Calculation
EPS = (Net incomeQ1 2024 + Net incomeQ4 2023 + Net incomeQ3 2023 + Net incomeQ2 2023) ÷ No. shares of common stock outstanding
= (64,197,000 + 117,055,000 + 128,116,000 + 120,050,000) ÷ 156,111,885 = 2.75

3 Closing price as at the filing date of Teradyne Inc. Quarterly or Annual Report.

4 Q1 2024 Calculation
P/E ratio = Share price ÷ EPS
= 120.44 ÷ 2.75 = 43.79

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/E ratio The P/E ratio tells analyst how much an investor in common stock pays per dollar of current earnings. Teradyne Inc. P/E ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Price to Operating Profit (P/OP)

Teradyne Inc., historical P/OP calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 156,111,885 153,080,607 152,878,728 154,013,736 155,038,743 156,047,868 155,756,146 156,781,680 160,203,017 162,417,046 163,004,340 164,973,199 166,266,321 166,694,772 166,055,827 166,032,335 165,768,292 166,784,497 167,577,669 169,945,820 171,395,402
Selected Financial Data (US$)
Income from operations (in thousands) 77,771 124,324 143,972 139,908 92,864 166,587 231,507 247,990 185,855 256,435 322,400 388,872 233,013 234,079 269,661 217,949 206,718 171,654 154,921 133,994 93,085
Operating profit per share2 3.11 3.27 3.55 4.10 4.77 5.33 5.92 6.46 7.20 7.39 7.23 6.82 5.74 5.57 5.22 4.52 4.03 3.32 0.00 0.00 0.00
Share price1, 3 120.44 102.48 87.70 107.41 92.63 100.77 84.72 100.75 105.92 111.52 144.22 126.87 128.17 132.39 89.70 90.26 58.58 60.49 63.51 52.17 48.25
Valuation Ratio
P/OP ratio4 38.69 31.31 24.68 26.22 19.43 18.90 14.32 15.60 14.71 15.08 19.95 18.59 22.32 23.77 17.20 19.95 14.55 18.22 — — —
Benchmarks
P/OP Ratio, Competitors5
Advanced Micro Devices Inc. 400.66 675.69 — — 782.37 100.42 36.08 43.60 40.92 39.48 49.04 47.29 55.06 75.77 80.11 101.06 81.62 91.66 — — —
Analog Devices Inc. 29.30 23.53 20.61 20.41 24.53 26.16 38.46 41.74 55.30 56.12 29.71 30.29 34.90 33.76 31.72 30.10 29.85 24.74 21.27 19.35 20.36
Applied Materials Inc. 22.03 17.58 15.53 14.65 12.26 11.35 11.57 12.68 15.55 18.85 19.43 23.98 22.70 18.50 14.76 13.85 17.50 16.36 12.41 9.45 8.18
Broadcom Inc. 41.23 31.96 22.57 20.66 17.32 16.33 16.17 20.04 24.51 30.78 27.21 30.43 35.86 44.04 41.08 35.53 25.99 36.85 28.49 23.44 24.21
First Solar Inc. 17.56 18.07 36.80 293.92 441.71 — 73.73 33.98 28.14 13.70 26.24 14.57 14.32 27.05 69.71 — — — — — —
Intel Corp. 275.84 1,984.43 — — — 49.91 14.19 10.76 8.87 10.06 9.88 10.65 11.76 9.72 8.03 8.28 10.08 13.29 — — —
KLA Corp. 16.45 16.99 12.79 13.23 11.55 15.36 14.02 17.40 19.37 21.69 21.76 26.27 18.82 20.99 19.27 19.38 19.67 15.60 — — —
Lam Research Corp. 17.56 16.79 11.91 10.68 8.94 11.79 12.15 15.75 15.80 18.34 23.20 21.56 15.99 20.40 14.99 19.68 16.64 12.12 — — —
Micron Technology Inc. — — — 34.54 7.86 5.93 5.31 8.90 13.31 12.48 20.11 29.00 25.85 19.51 22.93 19.03 14.79 6.83 3.68 3.47 2.25
NVIDIA Corp. 213.98 136.19 63.84 46.92 47.25 66.12 93.15 71.25 70.98 75.08 82.82 84.54 62.35 66.40 59.78 39.73 34.07 24.79 — — —
Qualcomm Inc. 20.09 15.85 14.36 9.90 10.47 7.95 11.41 11.80 19.06 15.84 15.54 17.26 23.79 23.32 29.96 11.05 13.01 12.60 14.09 54.63 42.67
Texas Instruments Inc. 23.82 19.75 16.15 18.24 15.69 16.29 13.69 15.53 16.30 17.67 20.89 22.42 25.48 26.53 25.17 22.86 18.39 21.46 — — —

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2024 Calculation
Operating profit per share = (Income from operationsQ1 2024 + Income from operationsQ4 2023 + Income from operationsQ3 2023 + Income from operationsQ2 2023) ÷ No. shares of common stock outstanding
= (77,771,000 + 124,324,000 + 143,972,000 + 139,908,000) ÷ 156,111,885 = 3.11

3 Closing price as at the filing date of Teradyne Inc. Quarterly or Annual Report.

4 Q1 2024 Calculation
P/OP ratio = Share price ÷ Operating profit per share
= 120.44 ÷ 3.11 = 38.69

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/OP ratio Because P/E ratio is calculated using net income, the ratio can be sensitive to nonrecurring earnings and capital structure, analysts may use price to operating profit. Teradyne Inc. P/OP ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Price to Sales (P/S)

Teradyne Inc., historical P/S calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 156,111,885 153,080,607 152,878,728 154,013,736 155,038,743 156,047,868 155,756,146 156,781,680 160,203,017 162,417,046 163,004,340 164,973,199 166,266,321 166,694,772 166,055,827 166,032,335 165,768,292 166,784,497 167,577,669 169,945,820 171,395,402
Selected Financial Data (US$)
Revenues (in thousands) 599,819 670,600 703,732 684,437 617,529 731,836 827,073 840,766 755,370 885,046 950,501 1,085,728 781,606 758,969 819,484 838,661 704,355 654,650 582,038 564,178 494,099
Sales per share2 17.03 17.48 17.91 18.58 19.46 20.22 21.24 21.89 22.95 22.80 21.94 20.89 19.24 18.73 18.17 16.74 15.11 13.76 0.00 0.00 0.00
Share price1, 3 120.44 102.48 87.70 107.41 92.63 100.77 84.72 100.75 105.92 111.52 144.22 126.87 128.17 132.39 89.70 90.26 58.58 60.49 63.51 52.17 48.25
Valuation Ratio
P/S ratio4 7.07 5.86 4.90 5.78 4.76 4.98 3.99 4.60 4.62 4.89 6.57 6.07 6.66 7.07 4.94 5.39 3.88 4.40 — — —
Benchmarks
P/S Ratio, Competitors5
Advanced Micro Devices Inc. 10.23 11.95 7.89 8.08 5.70 5.38 4.14 7.34 8.54 8.76 9.94 8.90 8.94 10.63 10.63 11.68 8.67 8.59 — — —
Analog Devices Inc. 8.30 7.31 6.89 6.75 7.89 7.14 7.88 8.52 10.43 12.98 9.38 9.11 10.06 9.03 7.90 7.61 7.93 7.06 6.53 6.01 6.32
Applied Materials Inc. 6.36 5.08 4.49 4.29 3.63 3.43 3.59 4.03 4.88 5.63 5.53 6.35 5.74 4.69 3.58 3.27 4.06 3.75 2.92 2.37 2.19
Broadcom Inc. 15.05 14.46 10.15 9.33 7.66 7.00 6.54 7.49 8.42 9.55 7.66 7.56 7.46 7.40 6.27 5.28 4.13 5.62 5.17 4.85 5.39
First Solar Inc. 5.33 4.67 4.81 7.10 7.66 6.88 5.60 4.26 3.13 2.75 4.71 3.08 2.73 3.17 2.82 2.48 1.53 1.74 — — —
Intel Corp. 2.46 3.40 2.83 2.85 2.30 1.85 1.73 2.03 2.29 2.48 2.56 2.77 3.08 2.96 2.53 2.73 3.31 4.07 — — —
KLA Corp. 6.12 6.47 4.99 5.28 4.62 6.09 5.51 6.77 7.22 7.80 7.49 7.46 5.13 5.43 4.53 5.09 5.46 4.74 — — —
Lam Research Corp. 4.99 4.99 3.66 3.39 2.83 3.68 3.79 4.98 4.91 5.62 6.86 6.18 4.48 5.43 3.95 4.96 4.23 3.10 — — —
Micron Technology Inc. 5.83 4.94 3.88 3.02 1.99 1.87 1.83 2.84 3.62 2.83 3.54 4.41 3.93 2.73 2.83 2.54 2.96 2.15 1.52 1.62 1.12
NVIDIA Corp. 37.18 21.33 13.27 12.64 15.92 24.67 32.92 23.77 20.32 20.41 22.50 22.93 18.34 17.31 12.83 8.90 9.10 8.05 — — —
Qualcomm Inc. 4.57 3.45 3.74 3.06 3.53 2.85 4.09 3.85 5.89 4.62 4.93 5.24 6.91 6.20 5.25 3.59 4.24 3.98 3.52 4.95 2.82
Texas Instruments Inc. 9.47 8.26 7.11 8.49 7.65 8.25 7.10 8.00 8.24 8.63 9.82 10.13 10.89 10.81 9.77 8.87 7.28 8.54 — — —

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2024 Calculation
Sales per share = (RevenuesQ1 2024 + RevenuesQ4 2023 + RevenuesQ3 2023 + RevenuesQ2 2023) ÷ No. shares of common stock outstanding
= (599,819,000 + 670,600,000 + 703,732,000 + 684,437,000) ÷ 156,111,885 = 17.03

3 Closing price as at the filing date of Teradyne Inc. Quarterly or Annual Report.

4 Q1 2024 Calculation
P/S ratio = Share price ÷ Sales per share
= 120.44 ÷ 17.03 = 7.07

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/S ratio An rationale for the P/S ratio is that sales, as the top line in an income statement, are generally less subject to distortion or manipulation than other fundamentals such as EPS or book value. Sales are also more stable than earnings and never negative. Teradyne Inc. P/S ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.

Price to Book Value (P/BV)

Teradyne Inc., historical P/BV calculation (quarterly data)

Microsoft Excel
Mar 31, 2024 Dec 31, 2023 Oct 1, 2023 Jul 2, 2023 Apr 2, 2023 Dec 31, 2022 Oct 2, 2022 Jul 3, 2022 Apr 3, 2022 Dec 31, 2021 Oct 3, 2021 Jul 4, 2021 Apr 4, 2021 Dec 31, 2020 Sep 27, 2020 Jun 28, 2020 Mar 29, 2020 Dec 31, 2019 Sep 29, 2019 Jun 30, 2019 Mar 31, 2019
No. shares of common stock outstanding1 156,111,885 153,080,607 152,878,728 154,013,736 155,038,743 156,047,868 155,756,146 156,781,680 160,203,017 162,417,046 163,004,340 164,973,199 166,266,321 166,694,772 166,055,827 166,032,335 165,768,292 166,784,497 167,577,669 169,945,820 171,395,402
Selected Financial Data (US$)
Shareholders’ equity (in thousands) 2,557,829 2,525,897 2,441,300 2,434,883 2,449,462 2,451,294 2,254,125 2,298,596 2,474,532 2,562,444 2,537,493 2,493,256 2,324,553 2,207,018 1,993,544 1,744,551 1,550,673 1,480,158 1,482,635 1,479,412 1,470,228
Book value per share (BVPS)2 16.38 16.50 15.97 15.81 15.80 15.71 14.47 14.66 15.45 15.78 15.57 15.11 13.98 13.24 12.01 10.51 9.35 8.87 8.85 8.71 8.58
Share price1, 3 120.44 102.48 87.70 107.41 92.63 100.77 84.72 100.75 105.92 111.52 144.22 126.87 128.17 132.39 89.70 90.26 58.58 60.49 63.51 52.17 48.25
Valuation Ratio
P/BV ratio4 7.35 6.21 5.49 6.79 5.86 6.41 5.85 6.87 6.86 7.07 9.26 8.39 9.17 10.00 7.47 8.59 6.26 6.82 7.18 5.99 5.62
Benchmarks
P/BV Ratio, Competitors5
Advanced Micro Devices Inc. 4.15 4.85 3.18 3.20 2.40 2.32 1.73 2.87 2.91 19.21 20.69 16.81 15.76 17.77 23.76 27.03 20.69 20.46 16.96 17.39 16.22
Analog Devices Inc. 2.70 2.53 2.46 2.41 2.72 2.35 2.39 2.24 2.35 2.50 4.98 4.64 4.88 4.22 3.70 3.64 3.90 3.61 3.40 3.19 3.40
Applied Materials Inc. 9.67 8.23 7.90 8.09 7.11 7.25 7.48 8.65 9.91 10.60 9.92 10.50 9.11 7.63 6.09 5.59 7.04 6.67 5.35 4.56 4.49
Broadcom Inc. 8.32 21.59 16.31 14.86 11.31 10.23 9.93 10.71 10.45 10.50 8.35 8.07 7.68 7.40 6.18 5.04 3.84 5.09 5.36 4.77 4.95
First Solar Inc. 2.75 2.32 2.41 3.52 3.66 3.09 2.43 1.79 1.32 1.35 2.12 1.58 1.43 1.56 1.83 1.48 0.90 1.05 1.07 1.37 1.27
Intel Corp. 1.28 1.75 1.47 1.53 1.32 1.15 1.20 1.47 1.73 2.05 2.23 2.52 3.00 2.84 2.65 2.62 3.29 3.78 3.31 3.05 3.19
KLA Corp. 20.82 23.25 19.77 21.24 21.67 40.05 11.68 13.65 13.95 15.98 15.52 15.44 11.09 11.83 11.01 10.06 10.02 8.15 6.50 9.57 8.94
Lam Research Corp. 9.82 10.59 8.22 7.78 6.88 10.10 10.52 12.70 13.28 13.64 16.94 13.40 9.14 10.55 8.38 10.81 8.13 6.39 5.88 4.51 4.27
Micron Technology Inc. 2.20 1.74 1.55 1.47 1.09 1.15 1.20 1.85 2.33 1.79 2.13 2.55 2.17 1.50 1.51 1.35 1.68 1.40 1.16 1.41 1.04
NVIDIA Corp. 39.24 26.03 17.76 15.75 17.87 24.95 33.57 24.61 20.84 20.14 21.69 21.53 16.49 15.49 11.46 8.77 10.07 10.09 13.03 17.81 19.10
Qualcomm Inc. 7.19 5.72 6.98 6.38 8.05 7.00 10.74 11.35 18.72 15.59 19.65 20.75 24.98 24.00 31.75 29.17 23.03 19.69 16.28 27.16 16.79
Texas Instruments Inc. 9.37 8.57 7.74 10.03 9.79 11.33 9.88 11.12 11.14 11.87 14.22 15.22 16.52 17.02 16.11 15.88 13.29 13.79 12.28 13.75 12.98

Based on: 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-10-01), 10-Q (reporting date: 2023-07-02), 10-Q (reporting date: 2023-04-02), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-10-02), 10-Q (reporting date: 2022-07-03), 10-Q (reporting date: 2022-04-03), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-03), 10-Q (reporting date: 2021-07-04), 10-Q (reporting date: 2021-04-04), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-27), 10-Q (reporting date: 2020-06-28), 10-Q (reporting date: 2020-03-29), 10-K (reporting date: 2019-12-31), 10-Q (reporting date: 2019-09-29), 10-Q (reporting date: 2019-06-30), 10-Q (reporting date: 2019-03-31).

1 Data adjusted for splits and stock dividends.

2 Q1 2024 Calculation
BVPS = Shareholders’ equity ÷ No. shares of common stock outstanding
= 2,557,829,000 ÷ 156,111,885 = 16.38

3 Closing price as at the filing date of Teradyne Inc. Quarterly or Annual Report.

4 Q1 2024 Calculation
P/BV ratio = Share price ÷ BVPS
= 120.44 ÷ 16.38 = 7.35

5 Click competitor name to see calculations.

Valuation ratio Description The company
P/BV ratio The P/BV ratio is interpreted as an indicator of market judgment about the relationship between a company required rate of return and its actual rate of return. Teradyne Inc. P/BV ratio increased from Q3 2023 to Q4 2023 and from Q4 2023 to Q1 2024.