According to Suncor Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.2585. At the end of 2022 the company had a P/E ratio of 6.31.
Year | P/E ratio | Change |
---|---|---|
2022 | 6.31 | -44.57% |
2021 | 11.4 | -236.81% |
2020 | -8.32 | -134.73% |
2019 | 24.0 | 34.43% |
2018 | 17.8 | 2% |
2017 | 17.5 | -89.52% |
2016 | 167 | -730.25% |
2015 | -26.5 | -238.33% |
2014 | 19.1 | 37.17% |
2013 | 13.9 | -24.15% |
2012 | 18.4 | 73.63% |
2011 | 10.6 | -33.7% |
2010 | 16.0 | -66.55% |
2009 | 47.7 | 356.76% |
2008 | 10.4 | -57.42% |
2007 | 24.5 | -1.82% |
2006 | 25.0 | 33.59% |
2005 | 18.7 | -55.1% |
2004 | 41.7 | 92.68% |
2003 | 21.6 | 3.71% |
2002 | 20.9 | -77.53% |
2001 | 92.8 |
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.