TESSCO Technologies Incorporated P/B ratio

P/B ratio of TESS for past 10 years: annual, quarterly and twelve month trailing (TTM) including P/B ratio growth rates and interactive chart. Measures the relationship between price and book value per share. Book value is the equity or owner's capital that is invested in a business. If a stock has a price of $10 and a book value per share of $10, the ratio is 1. Stock selling below a P/B of 1 can be a bargain, as the market price has declined below the net asset value of the business. It is more applicable to financial companies like banks and insurers, as their assets and liabilities are valued at market and the book value thus more accuraterly represents reality.


Highlights and Quick Summary

Current P/B ratio of TESSCO Technologies Incorporated is 0.5 (as of March 30, 2020)
  • P/B ratio for the quarter ending September 29, 2020 was 0.58 (a -2.23% decrease compared to previous quarter)
  • Year-over-year quarterly P/B ratio decreased by -49.06%
  • Annual P/B ratio for 2020 was 0.5 (a -57.93% decrease from previous year)
  • Annual P/B ratio for 2019 was 1.18 (a -33.68% decrease from previous year)
  • Annual P/B ratio for 2018 was 1.79 (a 47.8% increase from previous year)
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Historical P/B ratio of TESSCO Technologies Incorporated

Most recent P/B ratioof TESS including historical data for past 10 years.

Interactive Chart of P/B ratio of TESSCO Technologies Incorporated

TESSCO Technologies Incorporated P/B ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 0.58 0.6 0.5 0.5
2019 1.14 1.18 1.47 1.18 1.18
2018 0.93 1.13 1.36 1.79 1.79
2017 1.47 0.97 1.04 1.21 1.21
2016 0.97 0.93 1.04 1.22 1.22
2015 1.38 1.51 1.44 1.78 1.78
2014 2.07 2.01 2.23 2.65 2.65
2013 2.91 2.5 2.05 1.65 1.65
2012 1.75 1.64 1.73 2.04 2.04
2011 1.17 1.17 1.01 1.08 1.08
2010 1.54 1.49 1.78 1.62 1.62
2009 1.15

Business Profile of TESSCO Technologies Incorporated

Sector: Technology
Industry: Communication Equipment
TESSCO Technologies Incorporated architects and delivers product and value chain solutions to support wireless systems in the United States. The company offers base station infrastructure products, including base station antennas, cable and transmission lines, small towers, lightning protection devices, connectors, power systems, enclosures, grounding products, jumpers, miscellaneous hardware products, and mobile antennas to build, repair, and upgrade wireless broadband systems, as well as connector installation, custom jumper assembly, site kitting, and logistics integration services. It also provides network systems products, such as fixed and mobile broadband radio equipment, wireless networking filtering and distributed antenna systems, two-way radios, and security and surveillance products, as well as training classes, technical support, and engineering design services. In addition, the company offers installation, test, and maintenance products comprising analysis equipment; and various frequency, voltage, and power-measuring devices, as well as tools, hardware, GPS and safety products, and replacement and component parts and supplies to install, tune, and maintain wireless communications equipment. Further, it provides mobile devices, such as cellular and smart phones; and data device accessories, including power supplies, cases, screen protectors, speakers, mobile amplifiers, bluetooth and corded headsets, mounts, car antennas, music accessories, and data and memory cards. The company sells its products to carrier and public network operators, tower owners, program managers, contractors and integrators, private system operators, federal governments, state and local governments, manufacturers, value-added resellers, retail carrier stores and their independent agents, and other retailers under the Ventev brand. TESSCO Technologies Incorporated was founded in 1982 and is headquartered in Hunt Valley, Maryland.