Suncor Energy
SU
#453
Rank
$37.37 B
Marketcap
$28.54
Share price
0.32%
Change (1 day)
-29.72%
Change (1 year)

P/E ratio for Suncor Energy (SU)

P/E ratio as of May 2023 (TTM): 6.32

According to Suncor Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.31981. At the end of 2020 the company had a P/E ratio of -8.32.

P/E ratio history for Suncor Energy from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2020-8.32-134.73%
201924.034.43%
201817.82%
201717.5-89.93%
2016174-756.04%
2015-26.5-238.33%
201419.137.17%
201313.9-24.15%
201218.4

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.19-33.78%๐Ÿ‡ฌ๐Ÿ‡ง UK
8.13 28.58%๐Ÿ‡บ๐Ÿ‡ธ USA
3.66-42.07%๐Ÿ‡บ๐Ÿ‡ธ USA
7.11 12.48%๐Ÿ‡บ๐Ÿ‡ธ USA
8.28 30.98%๐Ÿ‡บ๐Ÿ‡ธ USA
5.39-14.64%๐Ÿ‡จ๐Ÿ‡ฆ Canada
8.68 37.29%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.