P/E ratio for Suncor Energy (SU)

P/E ratio history for Suncor Energy from 2001 to 2024

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Canadian Natural Resources CNQ	10.9	90.45%	🇨🇦 Canada
Exxon Mobil XOM	13.6	136.48%	🇺🇸 USA
Imperial Oil IMO	7.93	37.93%	🇨🇦 Canada
ConocoPhillips COP	10.9	89.96%	🇺🇸 USA
Chevron CVX	15.5	169.54%	🇺🇸 USA
BP BP	293	4,989.05%	🇬🇧 UK
Phillips 66 PSX	15.2	164.01%	🇺🇸 USA

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.