TETC
Price:
$10.175
Market Cap:
$489.67M
Tech and Energy Transition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was formerly known as M Acquisition Company IV Corporation and changed its name to Tech and Energy Transition Corporation in December 2020. Tech and Energy Transition Corporation was incorporated in 2017 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-05-07
Stock Exchange
NASDAQ
Ticker
TETC
According to Tech and Energy Transition Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 28.26. This represents a change of 50.34% compared to the average of 18.80 of the last 4 quarters.
The mean historical PE Ratio of Tech and Energy Transition Corporation over the last ten years is -74078.78. The current 28.26 PE Ratio has changed -103.82% with respect to the historical average. Over the past ten years (40 quarters), TETC's PE Ratio was at its highest in in the December 2022 quarter at 35.56. The PE Ratio was at its lowest in in the March 2020 quarter at -137405.27.
Average
-74078.78
Median
-74089.10
Minimum
-148182.15
Maximum
45.21
Discovering the peaks and valleys of Tech and Energy Transition Corporation PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 0%
Maximum Annual PE Ratio = 45.21
Minimum Annual Increase = -100.03%
Minimum Annual PE Ratio = -148182.15
| Year | PE Ratio | Change |
|---|---|---|
| 2022 | 3.96 | -91.25% |
| 2021 | 45.21 | -100.03% |
| 2020 | -148182.15 | 0% |
The current PE Ratio of Tech and Energy Transition Corporation (TETC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-49377.66
5-year avg
-74078.78
10-year avg
-74078.78
Tech and Energy Transition Corporation’s PE Ratio is greater than Pontem Corporation (12.29), greater than Jaws Mustang Acquisition Corporation (0.82), less than TLG Acquisition One Corp. (28.92), greater than Quantum FinTech Acquisition Corporation (4.67), greater than Apollo Strategic Growth Capital II (16.46), greater than StoneBridge Acquisition Corporation (-11.05), less than L Catterton Asia Acquisition Corporation (1.62K), less than DA32 Life Science Tech Acquisition Corp. (0), greater than Energem Corp. (-0.25), less than Conyers Park III Acquisition Corp. (73.63), greater than LAMF Global Ventures Corp. I (-47.83), greater than ARYA Sciences Acquisition Corp IV (-30.54),
| Company | PE Ratio | Market cap |
|---|---|---|
| 12.29 | $441.73M | |
| 0.82 | $306.45M | |
| 28.92 | $78.47M | |
| 4.67 | $103.44M | |
| 16.46 | $373.47M | |
| -11.05 | $86.88M | |
| 1.62K | $391.06M | |
| 0 | $264.19M | |
| -0.25 | $64.91M | |
| 73.63 | $459.64M | |
| -47.83 | $101.31M | |
| -30.54 | $50.04M |
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