TC Energy Corporation (TRP) Valuation

Historical valuation analysis based on 500 data points (2024-08-30 to 2026-08-28)

TC Energy operates natural gas transmission assets across North America. Segments are determined by country of operation, but both Canadian and US operations are interconnected. Mexican operations...

TC Energy Corporation (TRP) currently trades at a P/E ratio of 19.03 (historical range: 18.89–21.61, median: 19.55), placing it at the 14th percentile — cheap relative to its history, P/S ratio of 4.25 (range: 4.21–4.82, 14th percentile — cheap relative to its history), EV/EBITDA of 18.43 (range: 18.36–19.73, 14th percentile).

TC Energy Corporation appears significantly undervalued relative to its historical range, trading at depressed multiples across most metrics.

Historical Valuation Metrics

MetricCurrentMinMedianMaxPercentileAssessment
P/E Ratio19.0318.8919.5521.6114thcheap relative to its history
P/S Ratio4.254.214.364.8214thcheap relative to its history
EV/EBITDA18.4318.3618.6919.7314thcheap relative to its history
Current Price: $63.08
Market Cap: $65.7B
Sector: Other