TC Energy

TC Energy Forward P/E

The Forward P/E Ratio of TC Energy (TRP.TO) as of Oct 29, 2026 is 25.58. In the previous year, Forward P/E Ratio was 19.16 — a change of 33.50% (higher).

Forward P/E

25.58

YoY

33.50%

Last updated:

Forward P/E Ratio of TC Energy is 2025 25.58 . Forward P/E Ratio of TC Energy was 2024 19.16 . It decreases by 33.50% higher compared to the previous year.

The TC Energy Forward P/E history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Forward P/E
Date
Forward P/E
Jan 1, 2018
24.32 CAD
Jan 1, 2019
21.75 CAD
Jan 1, 2020
19.50 CAD
Jan 1, 2021
46.05 CAD
Jan 1, 2022
120.36 CAD
Jan 1, 2023
30.81 CAD
Jan 1, 2024
19.16 CAD
Jan 1, 2025
25.58 CAD
The TC Energy Forward P/E history
YEARForward P/EYoY
25.58+33.50%
19.16-37.80%
30.81-74.40%
120.36+161.36%
46.05+136.11%
19.50-10.31%
21.75-10.58%
24.32-14.72%
28.52-92.62%
386.40-591.85%
-78.56-260.56%
48.93—

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TC Energy Stock analysis

What does TC Energy do? TC Energy Corporation is a leading energy company in North America specializing in pipeline operations. The company is headquartered in Calgary, Alberta, Canada and has branches in the United States and Mexico. It was founded in 1951 as Trans-Canada Pipelines Limited to enable the construction of a pipeline from Alberta to Ontario. In recent decades, the company has experienced significant expansion and now operates over 92,600 kilometers of pipelines transporting gas, oil, and other energy sources. Its business model is centered around the construction, operation, and maintenance of pipelines and related facilities, as well as offering storage and compression services. TC Energy operates in three main business segments: pipelines and energy, power generation and services, and LNG. Its pipelines transport various energy sources across North America, and the company also operates hydroelectric power plants and provides LNG services. TC Energy offers a range of products and services tailored to the needs of its customers, including gas and oil pipeline transport, storage solutions, power generation and services, and LNG services. Its services include commissioning, inspection, maintenance, repair, around-the-clock support, and fast response times. Overall, TC Energy is a leading company in the energy industry, specializing in pipelines and the transportation of various energy sources, operating over 92,600 kilometers of pipelines in North America, and providing a wide range of products and services to ensure reliable energy supply for its customers. TC Energy is one of the most popular companies on Eulerpool.

Frequently Asked Questions about TC Energy stock

Forward P/E Ratio of TC Energy is 25.58 in 2025.

Forward P/E Ratio of TC Energy changed from 19.16 to 25.58, representing a 33.50% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Forward P/E Ratio TC Energy since 2006 – with annual values, charts, and detailed analysis.

The Forward P/E uses estimated future earnings to value a stock. A lower forward P/E relative to the trailing P/E suggests analysts expect earnings growth.

To evaluate Forward P/E Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Forward P/E Ratio.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Forward P/E Ratio's TC Energy with sector peers and the industry average to assess whether it is attractive.

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Valuation — TC Energy

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