Question 1

What is Teledyne Technologies's P/B ratio?

Accepted Answer

Teledyne Technologies (TDY) P/B ratio is 2.6× as of June 5, 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 6.0×.

Question 5

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

Accepted Answer

Teledyne Technologies's P/B ratio of 2.6× is above its own 5-year average of 2.4× and below the sector median of 6.0×. That places the current reading at the 72th 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	$24.37B	$10.51B	2.3×	+0.0×	Dec 28, 2025
2024	$21.81B	$9.55B	2.3×	+0.0×	Dec 31, 2024
2023	$21.06B	$9.22B	2.3×	-0.1×	Dec 31, 2023
2022	$19.12B	$8.17B	2.3×	-0.3×	Dec 31, 2022
2021	$20.40B	$7.62B	2.7×	-1.8×	Dec 31, 2021
2020	$14.48B	$3.23B	4.5×	-0.2×	Dec 31, 2020
2019	$12.67B	$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	$3.50B	$1.47B	2.4×	+0.3×	Dec 31, 2013
2012	$2.42B	$1.15B	2.1×	+0.0×	Dec 31, 2012
2011	$2.02B	$979.30M	2.1×	+0.0×	Dec 31, 2011
2010	$1.61B	$786.00M	2.1×	-0.0×	Dec 31, 2010
2009	$1.39B	$666.50M	2.1×	-1.1×	Dec 31, 2009
2008	$1.60B	$505.80M	3.2×	-0.4×	Dec 31, 2008
2007	$1.88B	$530.20M	3.5×	+0.3×	Dec 31, 2007
2006	$1.40B	$431.80M	3.2×	+0.2×	Dec 31, 2006
2005	$989.40M	$326.00M	3.0×	-0.7×	Dec 31, 2005
2004	$971.19M	$262.10M	3.7×	+1.0×	Dec 31, 2004
2003	$608.86M	$221.00M	2.8×	-0.1×	Dec 31, 2003
2002	$504.90M	$176.80M	2.9×	-0.2×	Dec 31, 2002
2001	$520.85M	$173.00M	3.0×	—	Dec 31, 2001


Duolingo (DUOL)	3.3×
Unity Software (U)	3.2×
Synopsys (SNPS)	3.0×
Science Applications International (SAIC)	2.9×
Zebra Technologies (ZBRA)	2.9×
Zoom Communications (ZM)	2.9×
Trimble (TRMB)	2.7×
Twilio (TWLO)	2.5×
Amkor Technology (AMKR)	2.5×
EPAM Systems (EPAM)	2.1×
Qorvo (QRVO)	2.1×
IonQ (IONQ)	2.1×
Intel (INTC)	2.0×
Roper Technologies (ROP)	2.0×
Cognizant (CTSH)	1.9×
Okta (OKTA)	1.9×
Super Micro Computer (SMCI)	1.8×
Lyft (LYFT)	1.7×
Block (XYZ)	1.7×
Block (SQ)	1.6×
Hewlett Packard Enterprise (HPE)	1.5×
Fidelity National Information Services (FIS)	1.5×
Skyworks Solutions (SWKS)	1.4×
Fiserv (FISV)	1.1×
Strategy (MSTR)	0.9×

P/B Ratio for Teledyne Technologies (TDY)

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

Historical P/B Ratio for Teledyne Technologies (TDY) from 2001 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

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

Historical P/B Ratio for Teledyne Technologies (TDY) from 2001 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

+What is Teledyne Technologies's P/B ratio?

+How is the P/B ratio calculated?

+What is the P/B ratio?

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

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

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

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

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

Teledyne Technologies (TDY) Key Financials