TK Teekay PE ratio, current and historical analysis
The current PE ratio for Teekay stock as of Feb 14, 2025 is 4.53. This is calculated based on the current EPS of $1.55 and the stock price of $7.02 per share. The P/E ratio has a decrease of 11% from the past four quarters average of 5.1.
TK PE ratio history
The average historical PE ratio of Teekay for the last ten years is 21.26. The current PE ratio of 4.53 is 79% below the historical average. Over the past ten 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.
Teekay PE ratio by year
Maximum annual decrease: -84.97% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| 2010 | N/A | N/A | $33.08 | -$3.67 |
| 2009 | 13.11 | N/A | $23.21 | $1.77 |
Teekay PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Sep 2021 | 61 | N/A | $3.66 | $0.06 |
| Jun 2021 | N/A | N/A | $3.72 | -$0.26 |
| Mar 2021 | N/A | N/A | $3.2 | -$0.03 |
TK average PE ratio chart
TK's current P/E ratio is below the 3, 5 and 10-year averages.
TK PE vs peers
Compared to its peer stocks TNK and ASC, TK's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASC Ardmore Shipping Corp | 2.89 | $439.05M |
| TNK Teekay Tankers Ltd | 3.28 | $1.38B |
| TK Teekay Corp | 4.53 | $638.86M |
Frequently asked questions
What is Teekay's PE ratio?
As of Feb 14, 2025, TK stock has a price to earnings ratio of 4.53.
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 6.21.
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 14.19.
What is the highest PE ratio for TK?
In the last ten 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 79% lower than the 10-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 4.53 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 (Feb 14, 2025), Teekay's stock price is $7.02. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.55. Therefore, Teekay's P/E ratio for today is 4.53. PE RATIO(4.53) = STOCK PRICE($7.02) / TTM EPS($1.55)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.