Teekay Tankers
TNK
#5086
Rank
$1.52 B
Marketcap
$44.08
Share price
-1.01%
Change (1 day)
-31.37%
Change (1 year)

P/E ratio for Teekay Tankers (TNK)

P/E ratio as of July 2025 (TTM): 4.64

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.

P/E ratio history for Teekay Tankers from 2008 to 2025

PE ratio at the end of each year

Year P/E ratio Change
20243.453.85%
20233.32-27.47%
20224.58-401.14%
2021-1.52-135.76%
20204.25-78.19%
201919.5-519.09%
2018-4.656.29%
2017-4.38-177.43%
20165.6512.51%
20155.02-33.5%
20147.55-117.3%
2013-43.76404.83%
2012-0.6713

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Frontline
FRO
12.4 166.52%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
SFL Corp
SFL
15.0 223.65%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Teekay
TK
5.31 14.32%๐Ÿ‡จ๐Ÿ‡ฆ Canada
Nordic American Tankers
NAT
19.5 320.83%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Golar LNG
GLNG
-205-4,524.31%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Ardmore Shipping
ASC
3.37-27.35%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
DHT Holdings
DHT
10.1 118.57%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.