Teekay Tankers Ltd. (TNK) PEG Ratio: 0.20
Is Teekay Tankers Ltd.’s PEG ratio high or low?
Teekay Tankers Ltd.'s PEG ratio of 0.20 is 371% above its 5-year average of 0.04, near the high end of its 5-year range (0.00–0.20).
TNK PEG Ratio Chart
TNK Average PEG Ratio Chart
TNK Current vs Average PEG Ratio Chart
TNK PEG Ratio Metrics
PEG RATIO
0.20
PEG RATIO AVG TTM
N/A
PEG RATIO AVG 3Y
0.01
PEG RATIO AVG 5Y
0.04
PEG RATIO AVG 10Y
0.09
PEG RATIO AVG 15Y
0.08
PEG RATIO AVG 20Y
0.37
CURRENT VS TTM AVG
N/A
CURRENT VS 3Y AVG
+1400.00%
CURRENT VS 5Y AVG
+370.59%
CURRENT VS 10Y AVG
+112.12%
CURRENT VS 15Y AVG
+142.42%
CURRENT VS 20Y AVG
-45.95%
TNK Competitors' PEG Ratio
| NAME | MARKET CAP | PEG RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Teekay Tankers Ltd. (TNK) | $2.61B | 0.20 | N/A | 0.01 | 0.04 |
| Werner Enterprises, Inc. (WERN) | $2.64B | N/A | 0.88 | 0.88 | 2.93 |
| Trinity Industries, Inc. (TRN) | $2.76B | 0.10 | 0.41 | 0.47 | 0.39 |
| Enerpac Tool Group Corp. (EPAC) | $1.85B | 2.78 | 1.53 | 1.07 | 0.80 |
| Ameresco, Inc. (AMRC) | $1.49B | N/A | 1.81 | 1.83 | 3.55 |
| T1 Energy Inc (TE) | $1.48B | N/A | 0.10 | 1.54 | 1.17 |
| Kforce Inc. (KFRC) | $891.60M | N/A | 2.70 | 5.75 | 4.83 |
| Ampco-Pittsburgh Corporation (AP) | $240.46M | N/A | 0.00 | 0.00 | 0.06 |
| Primoris Services Corporation (PRIM) | $5.35B | 0.48 | 0.51 | 0.55 | 2.77 |
| Matson, Inc. (MATX) | $6.11B | 0.58 | 0.14 | 0.08 | 0.09 |
Growth-Adjusted Valuation
PEG Ratio
0.20
P/E Ratio
6.1
Teekay Tankers Ltd. PEG Ratio Formula & Definition
PEG Ratio = PE Ratio / Earnings Growth Rate
The PEG ratio adjusts the PE ratio for expected earnings growth. A PEG near 1 is often considered fairly valued relative to growth.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Teekay Tankers Ltd. PEG Ratio FAQ
- What is the PEG ratio for Teekay Tankers Ltd. (TNK)?
- The PEG ratio for TNK stock is 0.20.
- Is Teekay Tankers Ltd.'s PEG ratio high or low?
- Teekay Tankers Ltd.'s PEG ratio of 0.20 is 371% above its 5-year average of 0.04, near the high end of its 5-year range (0.00–0.20).
- What is the 3Y average PEG ratio for Teekay Tankers Ltd. (TNK)?
- The 3Y average PEG ratio for TNK stock is 0.01.
- What is the 5Y average PEG ratio for Teekay Tankers Ltd. (TNK)?
- The 5Y average PEG ratio for TNK stock is 0.04.
- What is the 10Y average PEG ratio for Teekay Tankers Ltd. (TNK)?
- The 10Y average PEG ratio for TNK stock is 0.09.
- What is the 15Y average PEG ratio for Teekay Tankers Ltd. (TNK)?
- The 15Y average PEG ratio for TNK stock is 0.08.
- What is the 20Y average PEG ratio for Teekay Tankers Ltd. (TNK)?
- The 20Y average PEG ratio for TNK stock is 0.37.
Teekay Tankers Ltd. PEG Ratio History
| DATE | PEG RATIO |
|---|---|
| 2023-12-31 | 0.03 |
| 2021-12-31 | 0.00 |
| 2020-12-31 | 0.01 |
| 2018-12-31 | 0.13 |
| 2017-12-31 | 0.03 |
| 2015-12-31 | 0.06 |
| 2013-12-31 | 0.40 |
| 2011-12-31 | 0.00 |
| 2007-12-31 | 2.67 |
Related Metrics
About Teekay Tankers Ltd.
Teekay Tankers Ltd. specializes in providing essential marine transportation solutions to the global oil industry, with its operations spanning Bermuda and international waters. The company's service offerings encompass both voyage and time charter arrangements, alongside specialized offshore ship-to-ship transfer operations for a diverse range of commodities. These primarily include crude oil and refined petroleum products, but also extend to liquid gases and various other specialized cargo. Beyond shipping, Teekay Tankers Ltd. further extends its expertise to include comprehensive commercial and technical management services for tankers. As of December 31, 2021, the company operated a substantial fleet, comprising 48 owned and leased double-hull oil tankers. This is supplemented by two Aframax tankers and a single LR2 tanker, all acquired via time charter agreements. Established in 2007, Teekay Tankers Ltd. maintains its corporate headquarters in Hamilton, Canada.
- Sector
- Industrials
- Industry
- Marine Shipping
- CEO
- Kenneth Hvid