Tennant (TNC) Price to Book (2010 - 2026)
Tennant's (TNC) Price to Book came in at 2.79 for Q2 2026, up 27.0% from 2.20 a year earlier and up 31.4% from the prior quarter.
Analysis
Tennant (TNC) Price to Book (2010 - 2026) Analysis & Trends
For FY2025, Tennant's Price to Book stood at 2.18, down 11.8% from FY2024.
- In prior years, Tennant's Price to Book was 2.47 in FY2024 (-17.3%), 2.99 in FY2023 (+23.6%), 2.42 in FY2022 (-30.0%) and 3.45 in FY2021 (+8.0%).
- The Q2 2026 figure stands as the highest quarterly Price to Book since Q2 2024.
- On a year-over-year basis, Price to Book increased in two of the last eight quarters, with an average decline of 10.0%.
- The strongest year-over-year quarter for Price to Book in the past five years was Q1 2024, with growth of 42.8%; the weakest was Q1 2025, with a decline of 35.2%.
- According to Business Quant data, Price to Book for the three prior quarters was 2.12 (Q1 2026), 2.18 (Q4 2025) and 2.30 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn |
| 10 | Tennant | 1.15 Bn | 782.04 Mn | 127.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.79 |
| Mar 31, 2026 | 2.12 |
| Dec 31, 2025 | 2.18 |
| Sep 30, 2025 | 2.30 |
| Jun 30, 2025 | 2.20 |
| Mar 31, 2025 | 2.38 |
| Dec 31, 2024 | 2.47 |
| Sep 30, 2024 | 2.76 |
| Jun 30, 2024 | 2.93 |
| Mar 31, 2024 | 3.68 |
| Dec 31, 2023 | 2.99 |
| Sep 30, 2023 | 2.51 |
| Jun 30, 2023 | 2.88 |
| Mar 31, 2023 | 2.58 |
| Dec 31, 2022 | 2.42 |
| Sep 30, 2022 | 2.47 |
| Jun 30, 2022 | 2.54 |
| Mar 31, 2022 | 3.35 |
| Dec 31, 2021 | 3.45 |
| Sep 30, 2021 | 3.10 |
API Access
Tennant Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();