Teekay Tankers
TNK
#4208
Rank
A$4.29 B
Marketcap
A$123.75
Share price
0.57%
Change (1 day)
65.12%
Change (1 year)

P/E ratio for Teekay Tankers (TNK)

P/E ratio as of August 2026 (TTM): 7.18

According to Teekay Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.17638. At the end of 2025 the company had a P/E ratio of 5.25.

P/E ratio history for Teekay Tankers from 2008 to 2026

PE ratio at the end of each year

Year P/E ratio Change
20255.2561.67%
20243.256.94%
20233.04-24.36%
20224.02-401.14%
2021-1.33-135.76%
20203.73-78.19%
201917.1-519.09%
2018-4.089.13%
2017-3.74-182.85%
20164.5123.01%
20153.67-32.31%
20145.42-117.87%
2013-30.36707.44%
2012-0.4454

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
DHT Holdings
DHT
9.54 32.99%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Golar LNG
GLNG
43.5 506.68%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Teekay
TK
8.94 24.55%๐Ÿ‡จ๐Ÿ‡ฆ Canada
SFL Corp
SFL
51.5 618.21%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Nordic American Tankers
NAT
25.1 249.40%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Frontline
FRO
10.9 51.67%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Ardmore Shipping
ASC
13.1 81.88%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.