P/E ratio for Teck Resources (TECK)
P/E ratio as of April 2024 (TTM): 15.1
According to Teck Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.1192. At the end of 2022 the company had a P/E ratio of 7.75.
P/E ratio history for Teck Resources from 2002 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 7.75 | 13.84% |
| 2021 | 6.80 | -145.25% |
| 2020 | -15.0 | -134.9% |
| 2019 | 43.1 | 729.63% |
| 2018 | 5.19 | -33.55% |
| 2017 | 7.82 | -46.98% |
| 2016 | 14.7 | -1311.64% |
| 2015 | -1.22 | -105.03% |
| 2014 | 24.2 | 48.94% |
| 2013 | 16.3 | -22.67% |
| 2012 | 21.0 | 169.6% |
| 2011 | 7.80 | -61.9% |
| 2010 | 20.5 | 78.49% |
| 2009 | 11.5 | 275.07% |
| 2008 | 3.06 | -63.65% |
| 2007 | 8.41 | 32.6% |
| 2006 | 6.34 | -34.44% |
| 2005 | 9.67 | -22.41% |
| 2004 | 12.5 | -60.53% |
| 2003 | 31.6 | -51.36% |
| 2002 | 64.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 11.2 | -26.02% | 🇺🇸 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.