Teck Resources Ltd Stock Price To Earning
TEKB Stock | EUR 44.32 0.80 1.84% |
Teck Resources Ltd fundamentals help investors to digest information that contributes to Teck Resources' financial success or failures. It also enables traders to predict the movement of Teck Stock. The fundamental analysis module provides a way to measure Teck Resources' 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 Teck Resources stock.
Teck |
Teck Resources Ltd Company Price To Earning Analysis
Teck Resources' Price to Earnings ratio is typically used for current valuation of a company and is one of the most popular ratios that investors monitor daily. Holding a low PE stock is less risky because when a company's profitability falls, it is likely that earnings will also go down as well. In other words, if you start from a lower position, your downside risk is limited. There are also some investors who believe that low Price to Earnings ratio reflects the low pricing because a given company is in trouble. On the other hand, a higher PE ratio means that investors are paying more for each unit of profit.
Current Teck Resources Price To Earning | 3.56 X |
Most of Teck Resources' fundamental indicators, such as Price To Earning, 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, Teck Resources Ltd is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, the Price to Earnings ratio gives investors an idea of what the market is willing to pay for the company's current earnings.
Competition |
Based on the latest financial disclosure, Teck Resources Ltd has a Price To Earning of 3.56 times. This is 96.6% lower than that of the Basic Materials sector and 61.93% lower than that of the Industrial Metals & Minerals industry. The price to earning for all Germany stocks is 87.6% higher than that of the company.
Teck Price To Earning Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Teck Resources' direct or indirect competition against its Price To Earning to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Teck Resources could also be used in its relative valuation, which is a method of valuing Teck Resources by comparing valuation metrics of similar companies.Teck Resources is currently under evaluation in price to earning category among its peers.
Teck Fundamentals
Return On Equity | 0.16 | |||
Return On Asset | 0.086 | |||
Profit Margin | 0.19 % | |||
Operating Margin | 0.40 % | |||
Current Valuation | 22.96 B | |||
Shares Outstanding | 506.3 M | |||
Shares Owned By Insiders | 0.31 % | |||
Shares Owned By Institutions | 75.05 % | |||
Price To Earning | 3.56 X | |||
Price To Book | 1.04 X | |||
Price To Sales | 0.91 X | |||
Revenue | 17.32 B | |||
Gross Profit | 8.57 B | |||
EBITDA | 8.22 B | |||
Net Income | 3.32 B | |||
Cash And Equivalents | 1.11 B | |||
Cash Per Share | 1.94 X | |||
Total Debt | 8.83 B | |||
Debt To Equity | 24.00 % | |||
Current Ratio | 2.47 X | |||
Book Value Per Share | 49.59 X | |||
Cash Flow From Operations | 7.98 B | |||
Earnings Per Share | 5.23 X | |||
Price To Earnings To Growth | 1.35 X | |||
Target Price | 33.56 | |||
Number Of Employees | 12.1 K | |||
Beta | 1.2 | |||
Market Capitalization | 19.74 B | |||
Total Asset | 52.36 B | |||
Z Score | 1.2 | |||
Annual Yield | 0.01 % | |||
Net Asset | 52.36 B | |||
Last Dividend Paid | 0.5 |
About Teck Resources Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Teck Resources Ltd's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Teck Resources using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Teck Resources Ltd 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.
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Additional Information and Resources on Investing in Teck Stock
When determining whether Teck Resources is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Teck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Teck Resources Ltd Stock. Highlighted below are key reports to facilitate an investment decision about Teck Resources Ltd Stock:Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Teck Resources Ltd. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of labor statistics. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.