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TK Teekay PE ratio, current and historical analysis

The current PE ratio for Teekay stock as of May 22, 2024 is 5.64. This is calculated based on the current EPS of $1.68 and the stock price of $9.48 per share. The P/E ratio has an increase of 37% from the past four quarters average of 4.1.

TK PE ratio history

How has TK's PE ratio performed in the past

The average historical PE ratio of Teekay for the last nine years is 23.65. The current PE ratio of 5.64 is 76% below the historical average. Over the past nine years, TK's PE ratio was at its highest in the Sep 2015 quarter at 70.57, when the stock price was $29.64 and the EPS was $0.42. The lowest value was in the Jun 2023 quarter, when it reached 3.71 with a price of $6.04 and an EPS of $1.63.

Average
23.65
Median
8.73
Minimum
3.71
Maximum
70.57

Teekay PE ratio by year

Maximum annual decrease: -84.97% in 2022

Year PE ratio Change
2023 4.5 -23.73%
2022 5.9 -84.97%
2021 39.25 N/A
2020 N/A N/A
2019 N/A N/A
2018 N/A N/A
2017 N/A N/A
2016 N/A N/A
2015 8.73 N/A
2014 N/A N/A

TK average PE ratio chart

What is the average PE ratio of TK for the past years

TK's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
16.07
5-year avg
16.07
10-year avg
23.65
15-year avg
22.89

TK PE vs peers

What is TK's PE ratio compared to its peers

Compared to its peer ASC, TK's PE ratio stands lower, however it is higher than TNK's.

Stock name PE ratio Market cap
TNK Teekay Tankers Ltd 4.96 $2.43B
TK Teekay Corp 5.64 $862.74M
ASC Ardmore Shipping Corp 8.74 $951.14M

Frequently asked questions

What is Teekay's PE ratio?

As of May 22, 2024, TK stock has a price to earnings ratio of 5.64.

What is the 3-year average PE ratio for Teekay (TK)?

As an average over the last 3 years, TK stock has a PE ratio of 16.07.

What is the 5-year average PE ratio for Teekay (TK)?

As an average over the last 5 years, TK stock has a PE ratio of 16.07.

What is the highest PE ratio for TK?

In the last nine years, the Sep 2015 quarter recorded the highest quarterly PE ratio at 70.57.

How does the current PE ratio for TK compare to its historical average?

The current price to earnings ratio of TK is 76% lower than the 9-year historical average.

Why is Teekay's PE ratio so low?

TK's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 5.64 is considered low.

How is TK's PE ratio calculated (Teekay PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 22, 2024), Teekay's stock price is $9.48. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.68. Therefore, Teekay's P/E ratio for today is 5.64. PE RATIO(5.64) = STOCK PRICE($9.48) / TTM EPS($1.68)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.