Teekay Tankers Ltd.

Teekay Tankers Ltd.verified

TNK

Price:

$53.4

Market Cap:

$1.84B

Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.[Read more]

Industry

Oil & Gas Midstream

IPO Date

2007-12-13

Stock Exchange

NYSE

Ticker

TNK

The PE Ratio as of September 2024 (TTM) for Teekay Tankers Ltd. (TNK) is 4.16

According to Teekay Tankers Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is 4.16. This represents a change of -4.08% compared to the average of 4.34 of the last 4 quarters.

Teekay Tankers Ltd. (TNK) Historical PE Ratio (quarterly & annually)

How has TNK PE Ratio performed in the past?

The mean historical PE Ratio of Teekay Tankers Ltd. over the last ten years is 5.85. The current 4.16 PE Ratio has changed 7.01% with respect to the historical average. Over the past ten years (40 quarters), TNK's PE Ratio was at its highest in in the March 2017 quarter at 32.28. The PE Ratio was at its lowest in in the December 2017 quarter at -39.51.

Quarterly (TTM)
Annual

Average

5.85

Median

4.41

Minimum

-4.73

Maximum

37.90

Teekay Tankers Ltd. (TNK) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Teekay Tankers Ltd. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 10.96%

Maximum Annual PE Ratio = 37.90

Minimum Annual Increase = -902.03%

Minimum Annual PE Ratio = -4.73

Quarterly (TTM)
Annual
YearPE RatioChange
20233.32-27.32%
20224.57-400.80%
2021-1.52-135.75%
20204.25-88.78%
201937.90-902.03%
2018-4.734.65%
2017-4.52-173.84%
20166.1210.96%
20155.51-27.52%
20147.61-119.35%

Teekay Tankers Ltd. (TNK) Average PE Ratio

How has TNK PE Ratio performed in the past?

The current PE Ratio of Teekay Tankers Ltd. (TNK) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

2.13

5-year avg

9.71

10-year avg

5.85

Teekay Tankers Ltd. (TNK) PE Ratio vs. Peers

How is TNK’s PE Ratio compared to its peers?

Teekay Tankers Ltd.’s PE Ratio is less than Scorpio Tankers Inc. (5.11), less than DHT Holdings, Inc. (10.78), greater than Euronav NV (2.86), less than Tsakos Energy Navigation Limited (5.05), less than Teekay Corporation (4.90),

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