P/E ratio for Teck Resources (TECK)
P/E ratio as of September 2023 (TTM): 16.3
According to Teck Resources 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 16.2712. At the end of 2021 the company had a P/E ratio of 6.80.
P/E ratio history for Teck Resources from 2002 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 6.80 | -145.25% |
| 2020 | -15.0 | -134.9% |
| 2019 | 43.1 | 729.63% |
| 2018 | 5.19 | -32.62% |
| 2017 | 7.71 | -47.71% |
| 2016 | 14.7 | -1311.64% |
| 2015 | -1.22 | -105.03% |
| 2014 | 24.2 | 48.94% |
| 2013 | 16.3 | -37.86% |
| 2012 | 26.2 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 NACCO Industries
NC | 7.70 | -52.66% | 🇺🇸 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.