P/E ratio for Teekay (TK)
P/E ratio as of March 2025 (TTM): 4.08
According to Teekay's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.08282. At the end of 2022 the company had a P/E ratio of 5.90.
P/E ratio history for Teekay from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.90 | -84.98% |
| 2021 | 39.3 | -1596.98% |
| 2020 | -2.62 | 52.29% |
| 2019 | -1.72 | -59.28% |
| 2018 | -4.23 | -19.71% |
| 2017 | -5.27 | 16.06% |
| 2016 | -4.54 | -152.4% |
| 2015 | 8.66 | -113.1% |
| 2014 | -66.1 | 123.01% |
| 2013 | -29.6 | 112.34% |
| 2012 | -14.0 | 170.46% |
| 2011 | -5.16 | -42.75% |
| 2010 | -9.01 | -168.74% |
| 2009 | 13.1 | -532.43% |
| 2008 | -3.03 | -104.22% |
| 2007 | 71.9 | 491.79% |
| 2006 | 12.2 | 120.17% |
| 2005 | 5.52 | 19.59% |
| 2004 | 4.61 | -63.99% |
| 2003 | 12.8 | -57.18% |
| 2002 | 29.9 | 630.77% |
| 2001 | 4.10 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 2.44 | -40.18% | 🇨🇦 Canada |
 | 38.2 | 836.67% | 🇧🇲 Bermuda |
 | 2.43 | -40.58% | 🇬🇷 Greece |
 | 8.48 | 107.68% | 🇧🇲 Bermuda |
 | 4.38 | 7.21% | 🇧🇲 Bermuda |
 | 2.24 | -45.20% | 🇧🇲 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.