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% |
| 2019 | 24.0 | 34.43% |
| 2018 | 17.8 | 2% |
| 2017 | 17.5 | -89.93% |
| 2016 | 174 | -756.04% |
| 2015 | -26.5 | -238.33% |
| 2014 | 19.1 | 37.17% |
| 2013 | 13.9 | -24.15% |
| 2012 | 18.4 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 BP BP | 4.19 | -33.78% | 🇬🇧 UK |
 ConocoPhillips COP | 8.13 | 28.58% | 🇺🇸 USA |
 Phillips 66 PSX | 3.66 | -42.07% | 🇺🇸 USA |
 Exxon Mobil XOM | 7.11 | 12.48% | 🇺🇸 USA |
 Chevron CVX | 8.28 | 30.98% | 🇺🇸 USA |
 Imperial Oil
IMO | 5.39 | -14.64% | 🇨🇦 Canada |
 Canadian Natural Resources CNQ | 8.68 | 37.29% | 🇨🇦 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.