TC Energy

TC Energy P/B

The P/B (Price-to-Book Ratio) of TC Energy (TRP.TO) as of Oct 31, 2026 is 3.30. In the previous year, P/B (Price-to-Book Ratio) was 3.26 — a change of 1.09% (higher).

P/B

3.30

YoY

1.09%

Last updated:

P/B (Price-to-Book Ratio) of TC Energy is 2025 3.30 . P/B (Price-to-Book Ratio) of TC Energy was 2024 3.26 . It decreases by 1.09% higher compared to the previous year.

The TC Energy P/B history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

P/B
Date
P/B
Jan 1, 2018
3.07 CAD
Jan 1, 2019
2.93 CAD
Jan 1, 2020
2.87 CAD
Jan 1, 2021
2.71 CAD
Jan 1, 2022
2.65 CAD
Jan 1, 2023
3.05 CAD
Jan 1, 2024
3.26 CAD
Jan 1, 2025
3.30 CAD
The TC Energy P/B history
YEARP/BYoY
3.30+1.09%
3.26+7.11%
3.05+15.01%
2.65-2.12%
2.71-5.63%
2.87-2.02%
2.93-4.63%
3.07-14.65%
3.60-3.12%
3.71-32.23%
5.48+16.01%
4.72—

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

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

P/B (Price-to-Book Ratio) of TC Energy is 3.30 in 2025.

P/B (Price-to-Book Ratio) of TC Energy changed from 3.26 to 3.30, representing a 1.09% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of P/B (Price-to-Book Ratio) TC Energy since 2006 – with annual values, charts, and detailed analysis.

The Price-to-Book ratio compares a company's market price to its book value. A low P/B may indicate an undervalued stock, while a high P/B could suggest overvaluation or strong growth expectations.

P/B = Stock Price / Book Value per Share

To evaluate P/B (Price-to-Book 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 P/B (Price-to-Book Ratio).

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

Access this data via the Eulerpool API

100,000 free requests/mo · no credit card

Valuation — TC Energy

All Key Metrics — TC Energy