Is TETRA Technologies, Inc. overvalued or undervalued?

As of 17 October 2025, the valuation grade for TETRA Technologies, Inc. moved from expensive to very attractive. Based on the current metrics, the company appears to be undervalued. The P/E ratio stands at 3, significantly lower than the industry average, while the EV to EBITDA ratio is 5.66, and the PEG ratio is an exceptionally low 0.01, indicating strong growth potential relative to its price.
In comparison to its peers, TETRA Technologies has a P/E ratio of 5.2890, which is lower than Compass Minerals International, Inc. at -20.9513 and higher than Kronos Worldwide, Inc. at 10.0112. The EV to EBITDA ratio for TETRA is also more favorable than that of Compass and Green Plains, which have ratios of 9.7658 and 35.3963, respectively. Notably, TETRA has outperformed the S&P 500 significantly over various periods, with a year-to-date return of 99.72% compared to the S&P 500's 13.30%, reinforcing the attractiveness of its current valuation.