The current PE ratio for Teekay stock as of Jul 2, 2026 is 9.04. This is calculated based on the current EPS of $1.14 and the stock price of $10.31 per share.
TK PE ratio history
The average historical PE ratio of Teekay for the last five years is 12.7. The current PE ratio of 9.04 is 29% below the historical average. Over the past five years, TK's PE ratio was at its highest in the Sep 2021 quarter at 61, when the stock price was $3.66 and the EPS was $0.06. 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.
Teekay PE ratio by year
Maximum annual increase: 68.15% in 2025
Maximum annual decrease: -84.97% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 7.92 | 68.15% | $9.03 | $1.14 |
| 2024 | 4.71 | 4.67% | $6.93 | $1.47 |
| 2023 | 4.5 | -23.73% | $7.15 | $1.59 |
| 2022 | 5.9 | -84.97% | $4.54 | $0.77 |
| 2021 | 39.25 | N/A | $3.14 | $0.08 |
| 2020 | N/A | N/A | $2.15 | -$0.82 |
| 2019 | N/A | N/A | $5.32 | -$3.08 |
| 2018 | N/A | N/A | $3.34 | -$0.79 |
| 2017 | N/A | N/A | $9.32 | -$1.89 |
| 2016 | N/A | N/A | $8.03 | -$1.62 |
| 2015 | 8.73 | N/A | $9.87 | $1.13 |
| 2014 | N/A | N/A | $50.89 | -$0.76 |
| 2013 | N/A | N/A | $48.01 | -$1.63 |
| 2012 | N/A | N/A | $32.1 | -$2.31 |
| 2011 | N/A | N/A | $26.73 | -$5.11 |
Teekay PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2025 | 7.92 | -12.68% | $9.03 | $1.14 |
| Jun 2025 | 9.07 | 92.57% | $8.25 | $0.91 |
| Dec 2024 | 4.71 | -20.71% | $6.93 | $1.47 |
| Sep 2024 | 5.94 | 6.64% | $9.2 | $1.55 |
| Jun 2024 | 5.57 | 28.64% | $8.97 | $1.61 |
| Mar 2024 | 4.33 | -3.78% | $7.28 | $1.68 |
| Dec 2023 | 4.5 | 15.98% | $7.15 | $1.59 |
| Sep 2023 | 3.88 | 4.58% | $6.17 | $1.59 |
| Jun 2023 | 3.71 | -24.9% | $6.04 | $1.63 |
| Mar 2023 | 4.94 | -16.27% | $6.18 | $1.25 |
| Dec 2022 | 5.9 | -65.5% | $4.54 | $0.77 |
| Sep 2022 | 17.1 | N/A | $3.59 | $0.21 |
| Jun 2022 | N/A | N/A | $2.88 | -$0.14 |
| Mar 2022 | N/A | N/A | $3.17 | -$0.21 |
| Dec 2021 | 39.25 | -35.66% | $3.14 | $0.08 |
TK Price vs fair value
TK average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
TK's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
PE comparison
Teekay's P/E of 9.04 is below the Energy sector and the industry average. Compared to its Energy sector average of 16.23, Teekay's P/E is 44% lower.
TK PE vs 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 | 5.46 | $2.34B |
| TK Teekay Corp | 9.04 | $887.25M |
| ASC Ardmore Shipping Corp | 11.17 | $605.59M |
Frequently asked questions
What is Teekay's PE ratio?
As of Jul 2, 2026, TK stock has a price to earnings ratio of 9.04.
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 5.74.
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 12.7.
What is the highest PE ratio for TK?
In the last five years, the Sep 2021 quarter recorded the highest quarterly PE ratio at 61.
How does the current PE ratio for TK compare to its historical average?
The current price to earnings ratio of TK is 29% lower than the 5-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 9.04 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 (Jul 2, 2026), Teekay's stock price is $10.31. The earnings per share for the trailing twelve months (TTM) ending Dec 2025 is $1.14. Therefore, Teekay's P/E ratio for today is 9.04. PE RATIO(9.04) = STOCK PRICE($10.31) / TTM EPS($1.14)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.