P/E ratio for TC Energy (TRP)

P/E ratio history for TC Energy from 2001 to 2026

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Kinder Morgan KMI	22.0	-24.16%	🇺🇸 USA
Williams Companies WMB	33.5	15.37%	🇺🇸 USA
Plains All American Pipeline PAA	13.2	-54.59%	🇺🇸 USA
Enbridge ENB	26.2	-9.89%	🇨🇦 Canada
Ultrapar Participacoes UGP	14.0	-51.71%	🇧🇷 Brazil
TransAlta TAC	-31.2	-207.61%	🇨🇦 Canada
Sea Limited SE	39.3	35.33%	🇸🇬 Singapore
Enterprise Products EPD	14.0	-51.65%	🇺🇸 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.