TC Energy Corp
TSX:TRP
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Johnson & Johnson
NYSE:JNJ
|
US |
|
Berkshire Hathaway Inc
NYSE:BRK.A
|
US |
|
Bank of America Corp
NYSE:BAC
|
US |
|
Mastercard Inc
NYSE:MA
|
US |
|
UnitedHealth Group Inc
NYSE:UNH
|
US |
|
Exxon Mobil Corp
NYSE:XOM
|
US |
|
Pfizer Inc
NYSE:PFE
|
US |
|
Nike Inc
NYSE:NKE
|
US |
|
Visa Inc
NYSE:V
|
US |
|
Alibaba Group Holding Ltd
NYSE:BABA
|
CN |
|
JPMorgan Chase & Co
NYSE:JPM
|
US |
|
Coca-Cola Co
NYSE:KO
|
US |
|
Verizon Communications Inc
NYSE:VZ
|
US |
|
Chevron Corp
NYSE:CVX
|
US |
|
Walt Disney Co
NYSE:DIS
|
US |
|
PayPal Holdings Inc
NASDAQ:PYPL
|
US |
P/B
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Price to Book (P/B) ratio compares a company`s market value to its book value. It shows how much investors are paying for each dollar of net assets on the balance sheet.
Valuation Scenarios
If P/B returns to its 3-Year Average (1.9), the stock would be worth CA$48.69 (42% downside from current price).
| Scenario | P/B Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 3.2 | CA$83.43 |
0%
|
| 3-Year Average | 1.9 | CA$48.69 |
-42%
|
| 5-Year Average | 1.6 | CA$42.29 |
-49%
|
| Industry Average | 1.7 | CA$43.3 |
-48%
|
| Country Average | 2.7 | CA$69.77 |
-16%
|
Forward P/B
Today’s price vs future total equity
Peer Comparison
| Market Cap | P/B | P/E | ||||
|---|---|---|---|---|---|---|
| CA |
|
TC Energy Corp
TSX:TRP
|
85.5B CAD | 3.2 | 25.5 | |
| CA |
|
Enbridge Inc
TSX:ENB
|
154.6B CAD | 2.5 | 22.2 | |
| US |
|
Williams Companies Inc
NYSE:WMB
|
87.6B USD | 6.8 | 33.5 | |
| US |
|
Enterprise Products Partners LP
NYSE:EPD
|
81.8B USD | 2.7 | 14.2 | |
| US |
|
Kinder Morgan Inc
NYSE:KMI
|
70.6B USD | 2.3 | 23.2 | |
| US |
|
Energy Transfer LP
NYSE:ET
|
65.9B USD | 1.9 | 15.8 | |
| US |
|
MPLX LP
NYSE:MPLX
|
56.7B USD | 4 | 11.6 | |
| US |
|
ONEOK Inc
NYSE:OKE
|
54.9B USD | 2.4 | 16.2 | |
| US |
|
Cheniere Energy Inc
NYSE:LNG
|
54.1B USD | 6.8 | 10.1 | |
| US |
|
Targa Resources Corp
NYSE:TRGP
|
51.5B USD | 16.8 | 28 | |
| US |
|
Cheniere Energy Partners LP
NYSE:CQP
|
30.4B USD | 73.5 | 12.2 |
Market Distribution
| Min | 0 |
| 30th Percentile | 1.6 |
| Median | 2.7 |
| 70th Percentile | 4.9 |
| Max | 1 402.4 |
Other Multiples
TC Energy Corp
Glance View
In the heart of North America, TC Energy Corp. stands as a titan in the energy infrastructure sector, weaving a complex tapestry of pipelines, power generation, and energy storage systems. The company, well-embedded in the landscape of Canada, the United States, and Mexico, orchestrates the movement of an essential commodity—natural gas—through a sophisticated network of over 93,300 kilometers of pipelines. This sprawling infrastructure not only ensures the smooth flow of natural gas to meet residential and industrial demand but substantially contributes to its robust revenue streams. Additionally, TC Energy extends its expertise into liquid pipelines, predominantly crude oil, tapping into North America's abundant energy resources to transport products across long distances. This multifaceted pipeline system endows the company with a crucial role in securing energy accessibility and reliability throughout the continent. Beyond its pipelines, TC Energy delves into the power generation realm, strategically investing in both traditional and renewable energy assets. Through its diversified energy offerings, the company plays a significant role in ensuring energy sustainability for the future. Its power ventures, which include natural gas-fired and nuclear facilities, generate a stable stream of revenue, complementing its core pipeline business. Moreover, TC Energy's commitment to sustainable practices is evident in its strategic focus on renewable energy sources, aligning with global trends toward cleaner energy. By blending traditional and innovative approaches, TC Energy Corp. not only functions as a pivotal energy transporter but also as a dynamic player in the modern energy landscape, deftly balancing current demands while embracing future opportunities.