Teekay
TK
#5623
Rank
$0.79 B
Marketcap
$8.74
Share price
4.17%
Change (1 day)
41.42%
Change (1 year)

P/E ratio for Teekay (TK)

P/E ratio as of July 2024 (TTM): 5.36

According to Teekay's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 5.36196. At the end of 2022 the company had a P/E ratio of 5.90.

P/E ratio history for Teekay from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20225.90-84.98%
202139.3-1596.98%
2020-2.6252.29%
2019-1.72-59.28%
2018-4.23-19.71%
2017-5.2716.06%
2016-4.54-152.4%
20158.66-113.1%
2014-66.1123.01%
2013-29.6112.34%
2012-14.0170.46%
2011-5.16-42.75%
2010-9.01-168.74%
200913.1-532.43%
2008-3.03-104.22%
200771.9491.79%
200612.2120.17%
20055.5219.59%
20044.61-63.99%
200312.8-57.18%
200229.9630.77%
20014.10

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
4.18-22.05%๐Ÿ‡จ๐Ÿ‡ฆ Canada
34.6 545.40%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.43-54.76%๐Ÿ‡ฌ๐Ÿ‡ท Greece
14.5 170.62%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
6.82 27.28%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
4.72-12.04%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.