Suncor Energy
SU
#402
Rank
$48.67 B
Marketcap
$37.58
Share price
-0.29%
Change (1 day)
15.24%
Change (1 year)

P/E ratio for Suncor Energy (SU)

P/E ratio as of April 2024 (TTM): 11.0

According to Suncor Energy 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.0459. At the end of 2022 the company had a P/E ratio of 6.31.

P/E ratio history for Suncor Energy from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20226.31-44.57%
202111.4-236.81%
2020-8.32-134.73%
201924.034.43%
201817.82%
201717.5-89.52%
2016167-730.25%
2015-26.5-238.33%
201419.137.17%
201313.9-24.15%
201218.473.63%
201110.6-33.7%
201016.0-66.55%
200947.7356.76%
200810.4-57.42%
200724.5-1.82%
200625.033.59%
200518.7-55.1%
200441.792.68%
200321.63.71%
200220.9-77.53%
200192.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.56-58.68%๐Ÿ‡ฌ๐Ÿ‡ง UK
14.4 30.04%๐Ÿ‡บ๐Ÿ‡ธ USA
9.75-11.76%๐Ÿ‡บ๐Ÿ‡ธ USA
12.0 8.26%๐Ÿ‡บ๐Ÿ‡ธ USA
11.7 6.27%๐Ÿ‡บ๐Ÿ‡ธ USA
10.4-5.72%๐Ÿ‡จ๐Ÿ‡ฆ Canada
15.4 39.36%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.