OP is comparing rec watch-style computers, hence I suggest Tern (TX). FWIW that also happens to be my preference too.
Peregrine and Tern have basically the same functionality, so it comes down to preference - neither is “better”. FWIW the boxy-style Peregrine is much much larger and wastes a lot of space on the LCD display. The Tern is wearable during surface intervals and packs more info into the (much better, brighter, denser AMOLED) display - and is still easy to read clearly.
I see the point of the Peregrine if (and only if) you need the extra battery life, need fewer bigger buttons (gloves), or have truly terrible eyesight.
Teric / Perdix are of course a totally different category