Tc Energy Corp Stock Price To Earnings To Growth

TRP Stock

USD 46.80 0.02 0.04%

TC Energy Corp fundamentals help investors to digest information that contributes to TC Energy's financial success or failures. It also enables traders to predict the movement of TRP Stock. The fundamental analysis module provides a way to measure TC Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to TC Energy stock.

Short Long Term Debt Total Total Assets

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TC Energy Corp Company Price To Earnings To Growth Analysis

TC Energy's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.

PEG Ratio

PE Ratio

EPS Growth

More About Price To Earnings To Growth | All Equity Analysis

Current TC Energy Price To Earnings To Growth

0.88 X

Most of TC Energy's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TC Energy Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

TRP Price To Earnings To Growth Driver Correlations

Understanding the fundamental principles of building solid financial models for TC Energy is extremely important. It helps to project a fair market value of TRP Stock properly, considering its historical fundamentals such as Price To Earnings To Growth. Since TC Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of TC Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of TC Energy's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Good Will	Short Term Investments	Total Liab	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.95	0.75	0.28	1.0	-0.25	0.85	0.81	0.63	0.92	0.48	1.0	0.26	0.78	0.15	0.53	0.7	-0.25	0.85	0.82	0.88	0.48	-0.29	0.72	-0.11	0.54
Total Stockholder Equity	0.95		0.72	0.19	0.94	-0.02	0.83	0.74	0.55	0.91	0.3	0.93	0.25	0.74	0.26	0.39	0.84	-0.24	0.83	0.78	0.78	0.41	-0.19	0.67	-0.27	0.46
Net Tangible Assets	0.75	0.72		0.31	0.75	-0.5	0.68	0.89	0.88	0.63	0.74	0.75	0.09	0.9	0.01	0.8	0.57	-0.54	0.92	0.91	0.89	0.78	-0.35	0.91	0.24	0.86
Current Deferred Revenue	0.28	0.19	0.31		0.29	-0.44	0.23	0.33	0.4	0.38	0.12	0.32	0.39	0.37	-0.09	0.58	-0.06	-0.25	0.31	0.24	0.42	0.23	0.16	0.22	0.15	0.28
Net Debt	1.0	0.94	0.75	0.29		-0.26	0.87	0.82	0.63	0.93	0.48	1.0	0.27	0.77	0.14	0.53	0.72	-0.23	0.84	0.81	0.87	0.48	-0.31	0.71	-0.14	0.53
Retained Earnings	-0.25	-0.02	-0.5	-0.44	-0.26		-0.29	-0.59	-0.72	-0.18	-0.79	-0.3	0.07	-0.49	0.24	-0.82	0.22	0.46	-0.48	-0.5	-0.61	-0.67	0.52	-0.56	-0.57	-0.69
Accounts Payable	0.85	0.83	0.68	0.23	0.87	-0.29		0.66	0.64	0.8	0.39	0.87	0.15	0.66	0.08	0.44	0.78	-0.34	0.73	0.67	0.78	0.51	-0.48	0.71	-0.4	0.51
Long Term Debt	0.81	0.74	0.89	0.33	0.82	-0.59	0.66		0.84	0.75	0.8	0.82	0.19	0.9	0.06	0.83	0.5	-0.37	0.97	0.99	0.91	0.72	-0.37	0.84	0.28	0.79
Net Receivables	0.63	0.55	0.88	0.4	0.63	-0.72	0.64	0.84		0.52	0.72	0.64	-0.1	0.82	-0.02	0.88	0.35	-0.7	0.85	0.83	0.88	0.91	-0.55	0.89	0.34	0.9
Good Will	0.92	0.91	0.63	0.38	0.93	-0.18	0.8	0.75	0.52		0.35	0.92	0.45	0.71	0.12	0.45	0.68	-0.11	0.79	0.74	0.77	0.27	-0.17	0.52	-0.21	0.32
Short Term Investments	0.48	0.3	0.74	0.12	0.48	-0.79	0.39	0.8	0.72	0.35		0.5	0.05	0.71	-0.14	0.78	0.1	-0.3	0.7	0.77	0.72	0.69	-0.57	0.7	0.52	0.75
Total Liab	1.0	0.93	0.75	0.32	1.0	-0.3	0.87	0.82	0.64	0.92	0.5		0.27	0.77	0.12	0.55	0.69	-0.25	0.84	0.81	0.88	0.49	-0.31	0.71	-0.12	0.54
Deferred Long Term Liab	0.26	0.25	0.09	0.39	0.27	0.07	0.15	0.19	-0.1	0.45	0.05	0.27		0.25	0.1	0.16	0.16	0.6	0.15	0.11	0.1	-0.3	0.15	-0.15	-0.07	-0.24
Long Term Investments	0.78	0.74	0.9	0.37	0.77	-0.49	0.66	0.9	0.82	0.71	0.71	0.77	0.25		0.33	0.76	0.51	-0.41	0.92	0.89	0.87	0.71	-0.4	0.81	0.19	0.76
Short Long Term Debt	0.15	0.26	0.01	-0.09	0.14	0.24	0.08	0.06	-0.02	0.12	-0.14	0.12	0.1	0.33		-0.1	0.22	-0.02	0.12	0.08	0.05	0.01	0.0	0.09	-0.19	0.02
Total Current Assets	0.53	0.39	0.8	0.58	0.53	-0.82	0.44	0.83	0.88	0.45	0.78	0.55	0.16	0.76	-0.1		0.11	-0.49	0.78	0.78	0.83	0.79	-0.38	0.79	0.56	0.85
Short Term Debt	0.7	0.84	0.57	-0.06	0.72	0.22	0.78	0.5	0.35	0.68	0.1	0.69	0.16	0.51	0.22	0.11		-0.15	0.62	0.57	0.47	0.24	-0.08	0.53	-0.55	0.28
Intangible Assets	-0.25	-0.24	-0.54	-0.25	-0.23	0.46	-0.34	-0.37	-0.7	-0.11	-0.3	-0.25	0.6	-0.41	-0.02	-0.49	-0.15		-0.46	-0.41	-0.55	-0.69	0.27	-0.69	-0.16	-0.7
Common Stock	0.85	0.83	0.92	0.31	0.84	-0.48	0.73	0.97	0.85	0.79	0.7	0.84	0.15	0.92	0.12	0.78	0.62	-0.46		0.98	0.93	0.73	-0.35	0.88	0.17	0.8
Property Plant Equipment	0.82	0.78	0.91	0.24	0.81	-0.5	0.67	0.99	0.83	0.74	0.77	0.81	0.11	0.89	0.08	0.78	0.57	-0.41	0.98		0.9	0.72	-0.35	0.87	0.24	0.8
Long Term Debt Total	0.88	0.78	0.89	0.42	0.87	-0.61	0.78	0.91	0.88	0.77	0.72	0.88	0.1	0.87	0.05	0.83	0.47	-0.55	0.93	0.9		0.76	-0.46	0.9	0.19	0.82
Capital Surpluse	0.48	0.41	0.78	0.23	0.48	-0.67	0.51	0.72	0.91	0.27	0.69	0.49	-0.3	0.71	0.01	0.79	0.24	-0.69	0.73	0.72	0.76		-0.62	0.88	0.39	0.96
Cash And Equivalents	-0.29	-0.19	-0.35	0.16	-0.31	0.52	-0.48	-0.37	-0.55	-0.17	-0.57	-0.31	0.15	-0.4	0.0	-0.38	-0.08	0.27	-0.35	-0.35	-0.46	-0.62		-0.49	-0.08	-0.47
Net Invested Capital	0.72	0.67	0.91	0.22	0.71	-0.56	0.71	0.84	0.89	0.52	0.7	0.71	-0.15	0.81	0.09	0.79	0.53	-0.69	0.88	0.87	0.9	0.88	-0.49		0.18	0.93
Net Working Capital	-0.11	-0.27	0.24	0.15	-0.14	-0.57	-0.4	0.28	0.34	-0.21	0.52	-0.12	-0.07	0.19	-0.19	0.56	-0.55	-0.16	0.17	0.24	0.19	0.39	-0.08	0.18		0.42
Capital Stock	0.54	0.46	0.86	0.28	0.53	-0.69	0.51	0.79	0.9	0.32	0.75	0.54	-0.24	0.76	0.02	0.85	0.28	-0.7	0.8	0.8	0.82	0.96	-0.47	0.93	0.42

Click cells to compare fundamentals

Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.

Competition

Predict TC Energy

TRP Price Earnings To Growth Ratio

Price Earnings To Growth Ratio

0.0526

At this time, TC Energy's Price Earnings To Growth Ratio is relatively stable compared to the past year.

Based on the latest financial disclosure, TC Energy Corp has a Price To Earnings To Growth of 0.8798 times. This is 95.02% lower than that of the Oil, Gas & Consumable Fuels sector and 55.79% lower than that of the Energy industry. The price to earnings to growth for all United States stocks is 82.01% higher than that of the company.

TRP Price To Earnings To Growth Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses TC Energy's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of TC Energy could also be used in its relative valuation, which is a method of valuing TC Energy by comparing valuation metrics of similar companies.

TC Energy is currently under evaluation in price to earnings to growth category among its peers.

TC Energy ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, TC Energy's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to TC Energy's managers, analysts, and investors.

Environmental

Governance

Social

TRP Fundamentals

	Return On Equity	0.11
	Return On Asset	0.0351
	Profit Margin	0.21 %
	Operating Margin	0.40 %
	Current Valuation	94.51 B
	Shares Outstanding	1.04 B
	Shares Owned By Insiders	0.04 %
	Shares Owned By Institutions	79.61 %
	Number Of Shares Shorted	30.69 M
	Price To Earning	12.65 X
	Price To Book	2.42 X
	Price To Sales	2.94 X
	Revenue	15.03 B
	Gross Profit	9.61 B
	EBITDA	8.73 B
	Net Income	2.92 B
	Cash And Equivalents	620 M
	Cash Per Share	2.08 X
	Total Debt	63.66 B
	Debt To Equity	1.74 %
	Current Ratio	0.64 X
	Book Value Per Share	26.64 X
	Cash Flow From Operations	7.29 B
	Short Ratio	11.86 X
	Earnings Per Share	2.40 X
	Price To Earnings To Growth	0.88 X
	Target Price	45.38
	Number Of Employees	7 K
	Beta	0.82
	Market Capitalization	48.55 B
	Total Asset	125.03 B
	Retained Earnings	(3 B)
	Working Capital	(445 M)
	Current Asset	3.91 B
	Current Liabilities	7.31 B
	Annual Yield	0.06 %
	Five Year Return	5.04 %
	Net Asset	125.03 B
	Last Dividend Paid	3.78

About TC Energy Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze TC Energy Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of TC Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of TC Energy Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with TC Energy

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if TC Energy position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in TC Energy will appreciate offsetting losses from the drop in the long position's value.

Moving together with TRP Stock

0.74	AM	Antero Midstream Partners	Pair Corr
0.7	EE	Excelerate Energy	Pair Corr

Moving against TRP Stock

0.8	BPT	BP Prudhoe Bay	Pair Corr
0.61	PXSAW	Pyxis Tankers	Pair Corr
0.57	BROGW	Brooge Energy Limited	Pair Corr
0.41	CQP	Cheniere Energy Partners	Pair Corr

The ability to find closely correlated positions to TC Energy could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace TC Energy when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back TC Energy - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling TC Energy Corp to buy it.

The correlation of TC Energy is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as TC Energy moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if TC Energy Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for TC Energy can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for TRP Stock Analysis

When running TC Energy's price analysis, check to measure TC Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TC Energy is operating at the current time. Most of TC Energy's value examination focuses on studying past and present price action to predict the probability of TC Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TC Energy's price. Additionally, you may evaluate how the addition of TC Energy to your portfolios can decrease your overall portfolio volatility.

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