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TC Energy TRP

US equityMarket cap rank #259Oil & Gas Midstream
$59.62
−$0.58 (-0.96%)
Market open · Sep 24, 2:00 pm ET
After hours $60.20 0.00%
Open$60.95
Prev close$60.20
Day range$59.40 – $60.95
Volume818.7K
Market cap$62.11B
P/E (TTM)25.2
Dividend yield4.08%

Valuation

Multiples measured against the stock's own five-year history

Price / earnings25.2x
CheapRich

Above its usual level · 61st percentile, 5-year average 4.3x

#1876 of 2977 stocks by PE (1 = cheapest)

Price / book3.4x
CheapRich

Near the top of its 5-year range · 89th percentile, 5-year average 2.4x

#3781 of 5304 stocks by PB (1 = cheapest)

Price / sales5.6x
CheapRich

Near the top of its 5-year range · 88th percentile, 5-year average 4.4x

#3945 of 5143 stocks by PS (1 = cheapest)

P/E over five years

-484x-275x-66x144xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$58.00
Price vs. fair value+2.8%Close to the estimate
Star rating★★★☆☆
Economic moatNarrow
UncertaintyMedium
MultipleCurrent5y averagePercentile vs. own historyIndustry rank
PB 3.44 2.36 89% (pricier than usual) #3781 of 5304 (1 = cheapest)
PE 25.22 4.28 61% (pricier than usual) #1876 of 2977 (1 = cheapest)
PS 5.61 4.43 88% (pricier than usual) #3945 of 5143 (1 = cheapest)

Percentile is against this stock’s own 5-year valuation range: higher means it’s trading rich relative to its own history, lower means cheap relative to its own history — it is not a comparison against other companies.

Morningstar view

Star rating★★★
Fair value estimate$58.00
Economic moatNarrow
UncertaintyMedium
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