Teekay Tankers Ltd. provides marine transportation services to oil industries in Bermuda and internationally. The company offers voyage and time charter services; and offshore ship-to-ship transfer services of commodities primarily crude oil and refined oil products, as well as liquid gases and various other products. It also provides tanker commercial and technical management services. As of December 31, 2021, the company owned and leased 48 double-hull oil tankers, time-chartered in two Aframax tankers, and one LR2 tanker. Teekay Tankers Ltd. was incorporated in 2007 and is headquartered in Hamilton, Canada.
P/B ratio for Teekay Tankers Ltd. (TNK)
P/B ratio as of 2023: 1.12
According to Teekay Tankers Ltd.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.12. At the end of 2022 the company had a P/B ratio of 0.98.
P/B ratio history for Teekay Tankers Ltd. from 2005 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.12 |
| 2022 | 0.98 |
| 2021 | 0.44 |
| 2020 | 0.34 |
| 2019 | 0.81 |
| 2018 | 0.26 |
| 2017 | 0.26 |
| 2016 | 0.42 |
| 2015 | 1.13 |
| 2014 | 0.95 |
| 2013 | 1.12 |
| 2012 | 0.76 |
| 2011 | 0.37 |
| 2010 | 1.18 |
| 2009 | 1.18 |
| 2008 | 2.60 |
| 2007 | 2.27 |
| 2006 | 1.43 |
| 2005 | 7.07 |