Teekay (Teekay) PB Ratio : 0.94 (As of Apr. 29, 2024)

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What is Teekay PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-29), Teekay's share price is $7.54. Teekay's Book Value per Share for the quarter that ended in Dec. 2023 was $8.05. Hence, Teekay's PB Ratio of today is 0.94.

The historical rank and industry rank for Teekay's PB Ratio or its related term are showing as below:

TK' s PB Ratio Range Over the Past 10 Years
Min: 0.36 Med: 0.83 Max: 4.42
Current: 0.94

During the past 13 years, Teekay's highest PB Ratio was 4.42. The lowest was 0.36. And the median was 0.83.

TK's PB Ratio is ranked better than
65.32% of 992 companies
in the Oil & Gas industry
Industry Median: 1.25 vs TK: 0.94

During the past 12 months, Teekay's average Book Value Per Share Growth Rate was 26.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Teekay was 42.90% per year. The lowest was -22.90% per year. And the median was -6.45% per year.

Back to Basics: PB Ratio

Teekay PB Ratio Historical Data

The historical data trend for Teekay's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Teekay PB Ratio Chart

Teekay Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.11

0.45

0.62

0.72

0.89

Teekay Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.72	0.90	0.82	0.80	0.89

Competitive Comparison of Teekay's PB Ratio

For the Oil & Gas Midstream subindustry, Teekay's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Teekay's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Teekay's PB Ratio distribution charts can be found below:

* The bar in red indicates where Teekay's PB Ratio falls into.

Teekay PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Teekay's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	7.54	/	8.046
	=	0.94

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Teekay (NYSE:TK) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Teekay PB Ratio Related Terms

Thank you for viewing the detailed overview of Teekay's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Teekay (Teekay) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Teekay Corp (NYSE:TK) » Definitions » PB Ratio

Comparable Companies

NGL TNP PBT EE OSG SMLP NVGS DLNG BROG IMPP TSX:ENB EPD ET WMB OKE MPLX KMI TSX:TRP LNG TRGP

Traded in Other Exchanges

TK:Mexico TCD:Germany TCD:Germany

Address

69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08

Website

https://www.teekay.com

Teekay Corp is engaged in providing crude oil and gas marine transportation services. It also offers offshore oil production, storage, and offloading services, primarily under long-term, fixed-rate contracts. The company has three primary lines of business: offshore production (FPSO units), operational and maintenance marine services, and conventional tankers. It manages these businesses for the benefit of all stakeholders. The company serves energy and utility companies, oil traders, large oil and LNG consumers, petroleum product producers, government agencies, and various other entities that depend upon marine transportation.