TC Energy Corp
TSX:TRP

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TC Energy Corp
TSX:TRP
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Price: 65.38 CAD 1.33%
Market Cap: 68B CAD

P/B
Price to Book Value

2.5
Current
1.6
Median
1.2
Industry
Higher than median
Higher than industry value

Price to Book Value (P/B) ratio is a valuation multiple that measures the market's valuation of a company relative to its book value. The P/B ratio is only considered useful in practice when applied to capital-intensive businesses.

P/B
2.5
=
Market Cap
67.8B CAD
/
Book Value of Equity
27.7B CAD

P/B Forward Multiples

Forward P/B multiple is a version of the P/B ratio that uses forecasted equity for the P/B calculation. 1-Year, 2-Years, and 3-Years forwards use equity forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
P/B
N/A
2-Years Forward
P/B
N/A
3-Years Forward
P/B
N/A