TC Energy
TRP
$38.95
Share price
0.59%
Change (1 day)
-6.30%
Change (1 year)
TC Energy (TRP) - P/B ratio
P/B ratio as of May 2024 : 1.36
According to TC Energy
's latest financial reports the company has a price-to-book ratio of 1.36.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.
TC Energy - P/B ratio (from 2001 to 2023)
P/B ratio by year
| Year | P/B ratio | Change |
|---|---|---|
| 2023-12-31 | 1.38 | -12.79% |
| 2022-12-31 | 1.58 | -8.5% |
| 2021-12-31 | 1.73 | 18.86% |
| 2020-12-31 | 1.45 | -27.44% |
| 2019-12-31 | 2.00 | 38.68% |
| 2018-12-31 | 1.44 | -27.78% |
| 2017-12-31 | 2.00 | -0.27% |
| 2016-12-31 | 2.01 | 14.69% |
| 2015-12-31 | 1.75 | -10.74% |
| 2014-12-31 | 1.96 | 14.88% |
| 2013-12-31 | 1.70 | -5.72% |
| 2012-12-31 | 1.81 | 5.47% |
| 2011-12-31 | 1.71 | 15.99% |
| 2010-12-31 | 1.48 | 0.57% |
| 2009-12-31 | 1.47 | 1.81% |
| 2008-12-31 | 1.44 | -29.36% |
| 2007-12-31 | 2.04 | -17.14% |
| 2006-12-31 | 2.47 | 4.9% |
| 2005-12-31 | 2.35 | 11.6% |
| 2004-12-31 | 2.11 | -3.54% |
| 2003-12-31 | 2.18 | 56.21% |
| 2002-12-31 | 1.40 |
P/B ratio for similar companies or competitors
| Company | P/B ratio | differencediff. | Country |
|---|---|---|---|
 Kinder Morgan KMI | 1.36 | -0.46% | 🇺🇸 USA |
 Williams Companies
WMB | 3.30 | 142.28% | 🇺🇸 USA |
 Plains All American Pipeline PAA | 0.8909 | -34.66% | 🇺🇸 USA |
 Enbridge ENB | 1.61 | 18.43% | 🇨🇦 Canada |
 Ultrapar Participacoes UGP | 1.82 | 33.45% | 🇧🇷 Brazil |
 TransAlta TAC | 1.68 | 23.47% | 🇨🇦 Canada |
 Sea (Garena) SE | 5.68 | 316.75% | 🇸🇬 Singapore |
 Enterprise Products EPD | 2.19 | 60.33% | 🇺🇸 USA |