P/E ratio for TC Energy (TRP)

P/E ratio history for TC Energy from 2001 to 2025

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
Kinder Morgan KMI	23.9	-12.54%	🇺🇸 USA
Williams Companies WMB	34.3	25.54%	🇺🇸 USA
Plains All American Pipeline PAA	17.2	-36.95%	🇺🇸 USA
Enbridge ENB	24.8	-9.06%	🇨🇦 Canada
Ultrapar Participacoes UGP	11.3	-58.72%	🇧🇷 Brazil
TransAlta TAC	-31.7	-216.02%	🇨🇦 Canada
Sea Limited SE	56.2	105.86%	🇸🇬 Singapore
Enterprise Products EPD	13.6	-50.35%	🇺🇸 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.