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TNK (Teekay Tankers) Shiller PE Ratio : 8.62 (As of Mar. 03, 2025)


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What is Teekay Tankers Shiller PE Ratio?

As of today (2025-03-03), Teekay Tankers's current share price is $37.60. Teekay Tankers's E10 for the quarter that ended in Dec. 2024 was $4.36. Teekay Tankers's Shiller PE Ratio for today is 8.62.

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

TNK' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.34   Med: 10.43   Max: 22.22
Current: 8.62

During the past years, Teekay Tankers's highest Shiller PE Ratio was 22.22. The lowest was 4.34. And the median was 10.43.

TNK's Shiller PE Ratio is ranked better than
73.03% of 393 companies
in the Oil & Gas industry
Industry Median: 15.82 vs TNK: 8.62

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Teekay Tankers's adjusted earnings per share data for the three months ended in Dec. 2024 was $2.370. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.36 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Teekay Tankers Shiller PE Ratio Historical Data

The historical data trend for Teekay Tankers's Shiller PE 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 Tankers Shiller PE Ratio Chart

Teekay Tankers Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 14.38 13.13 9.13

Teekay Tankers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.13 14.74 16.22 13.38 9.13

Competitive Comparison of Teekay Tankers's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Teekay Tankers's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Tankers's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Teekay Tankers's Shiller PE Ratio falls into.



Teekay Tankers Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Teekay Tankers's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=37.60/4.36
=8.62

* 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.

Teekay Tankers's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Teekay Tankers's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=2.37/133.1571*133.1571
=2.370

Current CPI (Dec. 2024) = 133.1571.

Teekay Tankers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 2.720 99.621 3.636
201506 3.040 100.684 4.020
201509 2.400 100.392 3.183
201512 2.720 99.792 3.629
201603 2.000 100.470 2.651
201606 1.120 101.688 1.467
201609 -0.240 101.861 -0.314
201612 0.320 101.863 0.418
201703 0.160 102.862 0.207
201706 -1.680 103.349 -2.165
201709 -0.960 104.136 -1.228
201712 -0.080 104.011 -0.102
201803 -0.560 105.290 -0.708
201806 -0.800 106.317 -1.002
201809 -0.560 106.507 -0.700
201812 0.320 105.998 0.402
201903 0.370 107.251 0.459
201906 -0.430 108.070 -0.530
201909 -0.590 108.329 -0.725
201912 1.860 108.420 2.284
202003 3.150 108.902 3.852
202006 2.890 108.767 3.538
202009 -1.320 109.815 -1.601
202012 -2.170 109.897 -2.629
202103 -0.630 111.754 -0.751
202106 -3.830 114.631 -4.449
202109 -1.540 115.734 -1.772
202112 -1.170 117.630 -1.324
202203 -0.410 121.301 -0.450
202206 0.830 125.017 0.884
202209 1.980 125.227 2.105
202212 4.250 125.222 4.519
202303 4.900 127.348 5.124
202306 4.380 128.729 4.531
202309 2.350 129.860 2.410
202312 3.230 129.419 3.323
202403 4.180 131.776 4.224
202406 3.080 132.554 3.094
202409 1.690 133.029 1.692
202412 2.370 133.157 2.370

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Teekay Tankers  (NYSE:TNK) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Teekay Tankers Shiller PE Ratio Related Terms

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


Teekay Tankers Business Description

Traded in Other Exchanges
Address
69 Pitts Bay Road, 4th Floor, Belvedere Building, Hamilton, BMU, HM 08
Teekay Tankers Ltd is a provider of marine services to the global oil and natural gas industries and an operator of medium-sized oil tankers. The company operates in two segments: tanker and ship-to-ship transfer. The vast majority of its revenue comes from the tanker segment, which consists of crude oil and product tankers for different contracts.

Teekay Tankers Headlines

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