According to Teekay Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.64217. At the end of 2024 the company had a P/E ratio of 3.45.
Year | P/E ratio | Change |
---|---|---|
2024 | 3.45 | 3.85% |
2023 | 3.32 | -27.47% |
2022 | 4.58 | -401.14% |
2021 | -1.52 | -135.76% |
2020 | 4.25 | -78.19% |
2019 | 19.5 | -519.09% |
2018 | -4.65 | 6.29% |
2017 | -4.38 | -177.43% |
2016 | 5.65 | 12.51% |
2015 | 5.02 | -33.5% |
2014 | 7.55 | -117.3% |
2013 | -43.7 | 6404.83% |
2012 | -0.6713 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Frontline FRO | 12.4 | 166.52% | ๐ง๐ฒ Bermuda |
![]() SFL Corp
SFL | 15.0 | 223.65% | ๐ง๐ฒ Bermuda |
![]() Teekay TK | 5.31 | 14.32% | ๐จ๐ฆ Canada |
![]() Nordic American Tankers NAT | 19.5 | 320.83% | ๐ง๐ฒ Bermuda |
![]() Golar LNG
GLNG | -205 | -4,524.31% | ๐ง๐ฒ Bermuda |
![]() Ardmore Shipping
ASC | 3.37 | -27.35% | ๐ง๐ฒ Bermuda |
![]() DHT Holdings DHT | 10.1 | 118.57% | ๐ง๐ฒ Bermuda |
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.