What is the price-to-earnings ratio of Teekay?
The price-earnings ratio of Teekay is currently 3.67.
Teekay P/E 2024
Teekay P/E
3.67
Ticker
TK
ISIN
MHY8564W1030
WKN
896253
As of Sep 6, 2024, Teekay's P/E ratio was 3.67, a -21.08% change from the 4.65 P/E ratio recorded in the previous year.
The Teekay P/E history
Teekay Aktienanalyse
What does Teekay do?
Teekay Corp is a global company specializing in the transportation of crude oil, liquefied gas, and other liquids. The company was founded in Vancouver, Canada in 1973 and has since had a long and successful history in the shipping industry. Teekay Corp's business model focuses on operating tankers and LNG tankers. The company owns and operates over 200 ships and has a strong presence in all major seaports worldwide. They are divided into four business segments: tankers, gas carriers, offshore, and conventional. Tankers transport crude oil and products such as gasoline, diesel, and kerosene. Gas carriers specialize in transporting liquefied natural gas and also handle storage, transportation, and sales. The offshore segment specializes in supplying offshore platforms with water, fuel, and various materials. The conventional segment includes the operation of roll-on/roll-off ships (RoRo) and other shipping activities, such as oil transportation on large vessels. The products offered by Teekay Corp can be categorized into three categories: crude oil and products, liquefied natural gas, and offshore services. Crude oil is imported from various countries worldwide and then shipped to destination ports. Liquefied natural gas is primarily transported between the United States and Europe, as well as between Asian countries. Offshore services are provided for drilling platforms in the United States and Canada. Teekay Corp has earned a good reputation for its environmental performance and is committed to sustainable shipping. The company uses modern and environmentally friendly technologies to reduce the emissions of its ships. Teekay Corp also has a strong presence in the capital market. The company has a subsidiary, Teekay LNG Partners LP, which specializes in the acquisition and operation of liquefied natural gas terminals. Teekay Corp also has partnerships with leading energy companies such as Royal Dutch Shell, Total, and Chevron. Overall, Teekay Corp offers a wide range of shipping services and has a strong presence in all major seaports worldwide. The company has a long and successful history in the shipping industry and is known for its environmental performance and commitment to sustainable shipping. With its strong presence in the capital market and partnerships with leading energy companies, Teekay Corp is well-positioned to continue its success. Teekay ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Teekay's P/E Ratio
The Price to Earnings (P/E) Ratio of Teekay is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Teekay's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Teekay is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Teekay’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Teekay stock
How has the price-earnings ratio of Teekay changed compared to last year?
The price-to-earnings ratio of Teekay has increased by -21.08% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Teekay high compared to other companies?
Yes, the price-to-earnings ratio of Teekay is high compared to other companies.
How does an increase in the price-earnings ratio of Teekay affect the company?
An increase in the price-earnings ratio of Teekay would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Teekay affect the company?
A decrease in the price-earnings ratio of Teekay would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Teekay?
Some factors that influence the price-earnings ratio of Teekay are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Teekay pay?
Over the past 12 months, Teekay paid a dividend of 0.06 USD . This corresponds to a dividend yield of about 0.69 %. For the coming 12 months, Teekay is expected to pay a dividend of 0 USD.
What is the dividend yield of Teekay?
The current dividend yield of Teekay is 0.69 %.
When does Teekay pay dividends?
Teekay pays a quarterly dividend. This is distributed in the months of September, December, February, June.
How secure is the dividend of Teekay?
Teekay paid dividends every year for the past 0 years.
What is the dividend of Teekay?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is Teekay located?
Teekay is assigned to the 'Energy' sector.
Wann musste ich die Aktien von Teekay kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Teekay from 5/31/2024 amounting to 2.25 USD, you needed to have the stock in your portfolio before the ex-date on 5/20/2024.
When did Teekay pay the last dividend?
The last dividend was paid out on 5/31/2024.
What was the dividend of Teekay in the year 2023?
In the year 2023, Teekay distributed 0 USD as dividends.
In which currency does Teekay pay out the dividend?
The dividends of Teekay are distributed in USD.
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Andere Kennzahlen von Teekay
Our stock analysis for Teekay Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Teekay Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
