The PE ratio for Teekay Tankers stock stands at 5.46 as of Jul 2, 2026. This is calculated based on the current EPS of $12.37 and the stock price of $67.6 per share. The current price-to-earnings ratio is about the same as the last four quarters average.
TNK PE ratio history
Over the last ten years, the average PE ratio of Teekay Tankers has been 5.87. The current 5.46 PE ratio is 7% below the historical average. Over the past ten years, TNK's PE ratio was at its highest in the Sep 2022 quarter at 22.03, with a price of $27.54 and an EPS of $1.25. The Sep 2020 quarter recorded the bottom point at 1.63, with a price of $10.84 and an EPS of $6.64.
Teekay Tankers PE ratio by year
Maximum annual increase: 55.16% in 2025
Maximum annual decrease: -78.19% in 2020
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 5.26 | 55.16% | $53.42 | $10.15 |
| 2024 | 3.39 | 3.35% | $39.79 | $11.73 |
| 2023 | 3.28 | -26.29% | $49.97 | $15.22 |
| 2022 | 4.45 | N/A | $30.81 | $6.92 |
| 2021 | N/A | N/A | $10.9 | -$7.16 |
| 2020 | 4.25 | -78.19% | $11.01 | $2.59 |
| 2019 | 19.49 | N/A | $23.97 | $1.23 |
| 2018 | N/A | N/A | $7.42 | -$1.57 |
| 2017 | N/A | N/A | $11.2 | -$2.48 |
| 2016 | 5.65 | 3.67% | $18.08 | $3.2 |
| 2015 | 5.45 | -27.33% | $55.04 | $10.1 |
| 2014 | 7.5 | N/A | $40.48 | $5.4 |
| 2013 | N/A | N/A | $31.44 | -$0.8 |
| 2012 | N/A | N/A | $23.2 | -$36.3 |
| 2011 | N/A | N/A | $28.16 | -$1.2 |
Teekay Tankers PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 5.93 | 12.74% | $73.32 | $12.37 |
| Dec 2025 | 5.26 | -5.9% | $53.42 | $10.15 |
| Sep 2025 | 5.59 | 9.39% | $50.55 | $9.05 |
| Jun 2025 | 5.11 | 28.07% | $41.72 | $8.17 |
| Mar 2025 | 3.99 | 17.7% | $38.27 | $9.59 |
| Dec 2024 | 3.39 | -25.49% | $39.79 | $11.73 |
| Sep 2024 | 4.55 | -11.31% | $58.25 | $12.81 |
| Jun 2024 | 5.13 | 28.25% | $68.81 | $13.41 |
| Mar 2024 | 4 | 21.95% | $58.41 | $14.61 |
| Dec 2023 | 3.28 | 28.13% | $49.97 | $15.22 |
| Sep 2023 | 2.56 | 6.22% | $41.63 | $16.27 |
| Jun 2023 | 2.41 | -30.95% | $38.23 | $15.89 |
| Mar 2023 | 3.49 | -21.57% | $42.93 | $12.3 |
| Dec 2022 | 4.45 | -79.8% | $30.81 | $6.92 |
| Sep 2022 | 22.03 | N/A | $27.54 | $1.25 |
TNK Price vs fair value
TNK 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.
Currently, TNK's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
PE comparison
With a P/E of 5.46, TNK is below the Energy sector and the industry average. Compared to its Energy sector average of 16.23, Teekay Tankers's P/E is 66% lower.
TNK PE vs peers
TNK's PE ratio is lower than its peer stocks DHT and TK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 5.46 | $2.34B |
| DHT DHT Holdings Inc | 8.34 | $2.77B |
| TK Teekay Corp | 9.04 | $887.25M |
| ASC Ardmore Shipping Corp | 11.17 | $605.59M |
| KNOP KNOT Offshore Partners LP | N/A | $336.26M |
Frequently asked questions
What is Teekay Tankers's PE ratio?
TNK stock has a price to earnings ratio of 5.46 as of Jul 2, 2026.
What is the 3-year average PE ratio for Teekay Tankers (TNK)?
The 3-year average PE ratio for TNK stock is 4.44.
What is the 5-year average PE ratio for Teekay Tankers (TNK)?
The 5-year average PE ratio for TNK stock is 5.41.
What is the highest PE ratio for TNK?
In the last ten years, the Sep 2022 quarter recorded the highest quarterly PE ratio at 22.03.
How does the current PE ratio for TNK compare to its historical average?
The current price to earnings ratio of TNK is 7% lower than the 10-year historical average.
Why is Teekay Tankers's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is TNK's PE ratio calculated (Teekay Tankers PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Jul 2, 2026), Teekay Tankers's stock price is $67.6. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $12.37. Therefore, Teekay Tankers's P/E ratio for today is 5.46. PE RATIO(5.46) = STOCK PRICE($67.6) / TTM EPS($12.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.