Teradyne, Inc.

TER Technology Semiconductor Equipment & Materials

Teradyne, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.2 billion, up 13.1% from fiscal 2024. In the quarter to June 2026, revenue grew 103.9%, EPS grew 387.8% and free cash flow grew 187.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for ten consecutive years, operating cash flow growth for three.

324.86 18.35 −5.35%
Market cap
$53.7B
P/E
44.3×
Fwd P/E
51.2×
Dividend yield
0.16%
F-score
5/9
Altman Z
15.08
Beneish M
−2.20
Dividend safety
90/100

Teradyne, Inc. (TER) P/B ratio

Alert me on P/B ratio

As of 16 October 2026, Teradyne, Inc. (TER) trades at a P/B ratio of 14.6×. Over the past ten years it has ranged from 1.7× (August 2015) to 23.5× (June 2026); the current reading is higher than 94% of that period. That is above the Semiconductor Equipment & Materials industry median of 3.2× and above the Technology sector median of 2.7×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 11.0× 55.05%
FY2024 7.1× 11.01%
FY2023 6.4× 15.24%
FY2022 5.6× (47.24%)
FY2021 10.5× 16.66%
FY2020 9.0× 14.93%
FY2019 7.9× 102.96%
FY2018 3.9× (13.64%)
FY2017 4.5× 59.31%
FY2016 2.8× 26.40%

Quarterly newest first

Period P/B ratio Change
Jun 2026 21.8× 47.78%
Mar 2026 14.7× 33.89%
Dec 2025 11.0× 37.13%
Sep 2025 8.0× 58.46%
42 more quarters

Against its own ten years

Low 1.7× High 23.5×
Ten-year median 6.2×
Current reading's percentile 94

P/B ratio against peers

Company P/B ratio
AMKR Amkor Technology, Inc. compare 2.2×
Q Qnity Electronics, Inc. compare 3.2×
ENTG Entegris, Inc. compare 5.1×
ONTO Onto Innovation Inc. compare 5.7×
FORM FormFactor, Inc. compare 7.4×
NVMI Nova Ltd. compare 7.7×
AMAT Applied Materials, Inc. compare 12.7×
TER Teradyne, Inc. 14.6×
KLAC KLA Corporation compare 34.2×
Semiconductor Equipment & Materials industry median 3.2×
Technology sector median 2.7×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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