Teradyne, Inc. (TER) P/E Ratio History
Historical price-to-earnings valuation from 1991 to 2026
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TER Valuation Context
How does the current P/E compare to historical and market benchmarks?
P/E Ratio Analysis
As of May 6, 2026, Teradyne, Inc. (TER) trades at a price-to-earnings ratio of 102.6x, with a stock price of $357.10 and trailing twelve-month earnings per share of $5.42.
The current P/E is 205% above its 5-year average of 33.6x. Over the past five years, TER's P/E has ranged from a low of 16.8x to a high of 55.6x, placing the current valuation at the 100th percentile of its historical range.
Compared to the Technology sector median P/E of 26.7x, TER trades at a 284% premium to its sector peers. The sector includes 358 companies with P/E ratios ranging from 0.0x to 197.6x.
Relative to the broader market, TER commands a significant premium over the S&P 500 median P/E of 25.1x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our TER DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
TER P/E vs Peers
P/E ratio compared to closely matched public peers
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $326B | 47.4 | 2.76 | +1% | |
| $228B | 57.1 | 1.81 | +50% | |
| $5B | 36.8Lowest | 1.74Best | -38% | |
| $15B | 109.7 | 3.17 | -32% | |
| $11B | 210.1 | - | -22% | |
| $19B | 65.8 | - | +56%Best | |
| $5B | 90.0 | 27.31 | -17% | |
| $7B | 81.5 | 2.33 | +50% |
Peers sorted by market capitalization. P/E below peers may indicate undervaluation or lower growth expectations. Consider PEG ratio for growth-adjusted comparison.
TER Historical P/E Data (1991–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Date | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | Sun Mar 29 2026 00:00:00 GM | $295.62 | $5.40 | 54.7x | +36% |
| FY2025 Q4 | Wed Dec 31 2025 00:00:00 GM | $193.56 | $3.48 | 55.6x | +38% |
| FY2025 Q3 | Sun Sep 28 2025 00:00:00 GM | $135.31 | $2.75 | 49.3x | +22% |
| FY2025 Q2 | Sun Jun 29 2025 00:00:00 GM | $90.35 | $2.89 | 31.3x | -22% |
| FY2025 Q1 | Sun Mar 30 2025 00:00:00 GM | $82.78 | $3.54 | 23.4x | -42% |
| FY2024 Q4 | $125.92 | $3.33 | 37.9x | -6% | |
| FY2024 Q3 | Sun Sep 29 2024 00:00:00 GM | $134.64 | $3.15 | 42.7x | +6% |
| FY2024 Q2 | Sun Jun 30 2024 00:00:00 GM | $148.29 | $3.04 | 48.8x | +21% |
| FY2024 Q1 | Sun Mar 31 2024 00:00:00 GM | $112.83 | $2.63 | 42.9x | +6% |
| FY2023 Q4 | Sun Dec 31 2023 00:00:00 GM | $108.52 | $2.73 | 39.8x | -1% |
| FY2023 Q3 | Sun Oct 01 2023 00:00:00 GM | $100.46 | $3.05 | 32.9x | -18% |
| FY2023 Q2 | Sun Jul 02 2023 00:00:00 GM | $111.33 | $3.37 | 33.0x | -18% |
Average P/E for displayed period: 40.3x
Full TER Stock Analysis
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Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.
Start ComparisonTER — Frequently Asked Questions
Quick answers to the most common questions about buying TER stock.
Is TER stock overvalued or undervalued?
TER trades at 102.6x P/E, above its 5-year average of 33.6x. The 100th percentile ranking indicates a premium to historical valuation.
How does TER's valuation compare to peers?
Teradyne, Inc. P/E of 102.6x compares to sector median of 26.7x. The premium reflects expected growth above peers.
What is TER's PEG ratio?
TER PEG ratio is N/A. Above 2.0 indicates premium valuation relative to growth rate. Historical P/E data spans 1991-2026.