According to Teck Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.5422. At the end of 2022 the company had a P/E ratio of 7.75.
Year | P/E ratio | Change |
---|---|---|
2022 | 7.75 | 13.84% |
2021 | 6.80 | -145.25% |
2020 | -15.0 | -134.9% |
2019 | 43.1 | 729.63% |
2018 | 5.19 | -33.55% |
2017 | 7.82 | -46.98% |
2016 | 14.7 | -1311.64% |
2015 | -1.22 | -105.03% |
2014 | 24.2 | 48.94% |
2013 | 16.3 | -22.67% |
2012 | 21.0 | 169.6% |
2011 | 7.80 | -61.9% |
2010 | 20.5 | 78.49% |
2009 | 11.5 | 275.07% |
2008 | 3.06 | -63.65% |
2007 | 8.41 | 32.6% |
2006 | 6.34 | -34.44% |
2005 | 9.67 | -22.41% |
2004 | 12.5 | -60.53% |
2003 | 31.6 | -51.36% |
2002 | 64.9 |
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.