• Tetra Tech average price/book ratio for 2023 was 5.8, a 5.07% increase from 2022.
• Tetra Tech average price/book ratio for 2022 was 6.11, a 3.78% decline from 2021.
• Tetra Tech average price/book ratio for 2021 was 6.35, a 37.45% decline from 2020.

Price/book ratio can be defined as