According to Teekay Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.17898. At the end of 2022 the company had a P/E ratio of 4.58.
Year | P/E ratio | Change |
---|---|---|
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 | -97.14% |
2011 | -23.5 | -174.17% |
2010 | 31.6 | 415.6% |
2009 | 6.14 | -1.91% |
2008 | 6.26 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
DHT Holdings DHT | 11.2 | 168.25% | ๐ง๐ฒ Bermuda |
Golar LNG
GLNG | 27.7 | 562.77% | ๐ง๐ฒ Bermuda |
Teekay TK | 5.35 | 28.01% | ๐จ๐ฆ Canada |
SFL Corp
SFL | 13.6 | 226.53% | ๐ง๐ฒ Bermuda |
Nordic American Tankers NAT | 6.82 | 63.31% | ๐ง๐ฒ Bermuda |
Frontline FRO | 6.48 | 55.06% | ๐ง๐ฒ Bermuda |
Ardmore Shipping
ASC | 4.61 | 10.31% | 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.