Question 1

What is Teledyne Technologies's P/B ratio?

Accepted Answer

Teledyne Technologies (TDY) P/B ratio is 2.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Teledyne Technologies?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Teledyne Technologies specifically, the relevant sector benchmark is the current sector median of 5.6×.

Question 5

Is Teledyne Technologies's P/B ratio high or low?

Accepted Answer

Teledyne Technologies's P/B ratio of 2.8× is above its own 5-year average of 2.4× and below the sector median of 5.6×. That places the current reading at the 87th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Teledyne Technologies's historical P/B ratio range?

Accepted Answer

In the available daily series, Teledyne Technologies (TDY) P/B ratio has ranged from a low of 1.7× in 2011 to a high of 5.2× in 2021. The 5-year average is 2.4× and the 5-year median is 2.3×.

Question 7

What was Teledyne Technologies's P/B ratio in 2025?

Accepted Answer

Teledyne Technologies (TDY) P/B ratio at the end of 2025 was 2.3×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Teledyne Technologies's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$24.4B	$10.5B	2.3×	+0.0×	Dec 28, 2025
2024	$21.8B	$9.55B	2.3×	+0.0×	Dec 31, 2024
2023	$21.1B	$9.22B	2.3×	-0.1×	Dec 31, 2023
2022	$19.1B	$8.17B	2.3×	-0.3×	Dec 31, 2022
2021	$20.4B	$7.62B	2.7×	-1.8×	Dec 31, 2021
2020	$14.5B	$3.23B	4.5×	-0.2×	Dec 31, 2020
2019	$12.7B	$2.71B	4.7×	+1.3×	Dec 31, 2019
2018	$7.47B	$2.23B	3.4×	+0.0×	Dec 31, 2018
2017	$6.44B	$1.95B	3.3×	+0.5×	Dec 31, 2017
2016	$4.32B	$1.55B	2.8×	+0.5×	Dec 31, 2016
2015	$3.06B	$1.34B	2.3×	-0.4×	Dec 31, 2015
2014	$3.77B	$1.43B	2.6×	+0.3×	Dec 31, 2014
2013	$3.5B	$1.47B	2.4×	+0.3×	Dec 31, 2013
2012	$2.42B	$1.15B	2.1×	+0.0×	Dec 31, 2012
2011	$2.02B	$979M	2.1×	+0.0×	Dec 31, 2011
2010	$1.61B	$786M	2.1×	-0.0×	Dec 31, 2010
2009	$1.39B	$667M	2.1×	-1.1×	Dec 31, 2009
2008	$1.6B	$506M	3.2×	-0.4×	Dec 31, 2008
2007	$1.88B	$530M	3.5×	+0.3×	Dec 31, 2007
2006	$1.4B	$432M	3.2×	+0.2×	Dec 31, 2006
2005	$989M	$326M	3.0×	-0.7×	Dec 31, 2005
2004	$971M	$262M	3.7×	+1.0×	Dec 31, 2004
2003	$609M	$221M	2.8×	-0.1×	Dec 31, 2003
2002	$505M	$177M	2.9×	—	Dec 31, 2002


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P/B Ratio for Teledyne Technologies (TDY) 2002-2026

P/B Ratio daily chart for Teledyne Technologies (TDY)

Historical P/B Ratio for Teledyne Technologies (TDY) from 2002 to 2025

About P/B Ratio at Teledyne Technologies (TDY)

Teledyne Technologies P/B Ratio by Year

Teledyne Technologies P/B Ratio 2025: 2.3×

Teledyne Technologies P/B Ratio 2024: 2.3×

Teledyne Technologies P/B Ratio 2023: 2.3×

Teledyne Technologies P/B Ratio 2022: 2.3×

Teledyne Technologies P/B Ratio 2021: 2.7×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Teledyne Technologies (TDY) Key Financials