
TRP Valuation
TC Energy Corp
- Overview
- Forecast
- Valuation
- Earnings
TRP Relative Valuation
TRP's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TRP is overvalued; if below, it's undervalued.
Historical Valuation
TC Energy Corp (TRP) is now in the Overvalued zone, suggesting that its current forward PE ratio of 19.59 is considered Overvalued compared with the five-year average of 14.76. The fair price of TC Energy Corp (TRP) is between 37.55 to 46.59 according to relative valuation methord. Compared to the current price of 52.54 USD , TC Energy Corp is Overvalued By 12.77%.
Relative Value
Fair Zone
37.55-46.59
Current Price:52.54
12.77%
Overvalued
19.71
PE
1Y
3Y
5Y
Trailing
Forward
12.74
EV/EBITDA
TC Energy Corp. (TRP) has a current EV/EBITDA of 12.74. The 5-year average EV/EBITDA is 11.87. The thresholds are as follows: Strongly Undervalued below 9.87, Undervalued between 9.87 and 10.87, Fairly Valued between 12.88 and 10.87, Overvalued between 12.88 and 13.88, and Strongly Overvalued above 13.88. The current Forward EV/EBITDA of 12.74 falls within the Historic Trend Line -Fairly Valued range.
16.62
EV/EBIT
TC Energy Corp. (TRP) has a current EV/EBIT of 16.62. The 5-year average EV/EBIT is 15.91. The thresholds are as follows: Strongly Undervalued below 13.45, Undervalued between 13.45 and 14.68, Fairly Valued between 17.14 and 14.68, Overvalued between 17.14 and 18.37, and Strongly Overvalued above 18.37. The current Forward EV/EBIT of 16.62 falls within the Historic Trend Line -Fairly Valued range.
4.82
PS
TC Energy Corp. (TRP) has a current PS of 4.82. The 5-year average PS is 4.03. The thresholds are as follows: Strongly Undervalued below 2.97, Undervalued between 2.97 and 3.50, Fairly Valued between 4.56 and 3.50, Overvalued between 4.56 and 5.09, and Strongly Overvalued above 5.09. The current Forward PS of 4.82 falls within the Overvalued range.
8.73
P/OCF
TC Energy Corp. (TRP) has a current P/OCF of 8.73. The 5-year average P/OCF is 8.11. The thresholds are as follows: Strongly Undervalued below 5.90, Undervalued between 5.90 and 7.00, Fairly Valued between 9.21 and 7.00, Overvalued between 9.21 and 10.31, and Strongly Overvalued above 10.31. The current Forward P/OCF of 8.73 falls within the Historic Trend Line -Fairly Valued range.
46.12
P/FCF
TC Energy Corp. (TRP) has a current P/FCF of 46.12. The 5-year average P/FCF is -4.00. The thresholds are as follows: Strongly Undervalued below -410.77, Undervalued between -410.77 and -207.39, Fairly Valued between 199.38 and -207.39, Overvalued between 199.38 and 402.77, and Strongly Overvalued above 402.77. The current Forward P/FCF of 46.12 falls within the Historic Trend Line -Fairly Valued range.
TC Energy Corp (TRP) has a current Price-to-Book (P/B) ratio of 3.01. Compared to its 3-year average P/B ratio of 2.12 , the current P/B ratio is approximately 41.97% higher. Relative to its 5-year average P/B ratio of 2.12, the current P/B ratio is about 42.33% higher. TC Energy Corp (TRP) has a Forward Free Cash Flow (FCF) yield of approximately 1.91%. Compared to its 3-year average FCF yield of -0.09%, the current FCF yield is approximately -2184.93% lower. Relative to its 5-year average FCF yield of -0.11% , the current FCF yield is about -1886.31% lower.
3.03
P/B
Median3y
2.12
Median5y
2.12
1.91
FCF Yield
Median3y
-0.09
Median5y
-0.11
Competitors Valuation Multiple
The average P/S ratio for TRP's competitors is , providing a benchmark for relative valuation. TC Energy Corp Corp (TRP) exhibits a P/S ratio of , which is NaN% above the industry average. Given its robust revenue growth of 12.53%, this premium appears unsustainable.
Performance Decomposition
1Y
3Y
5Y
Market capitalization of TRP increased by 12.89% over the past 1 year. The primary factor behind the change was an increase in Revenue Growth from 3.33B to 3.74B.
The secondary factor is the P/E Change, contributed 10.44%to the performance.
Overall, the performance of TRP in the past 1 year is driven by Revenue Growth. Which is more sustainable.
People Also Watch

MSCI
MSCI Inc
568.060
USD
+1.48%

NEM
Newmont Corporation
83.720
USD
+2.45%

TRGP
Targa Resources Corp
165.220
USD
+0.48%

OXY
Occidental Petroleum Corp
45.760
USD
-0.74%

MNST
Monster Beverage Corp
63.980
USD
-0.23%

SU
Suncor Energy Inc
41.780
USD
+0.55%

MPC
Marathon Petroleum Corp
187.250
USD
+0.97%

O
Realty Income Corp
59.060
USD
-0.17%

CVNA
Carvana Co
390.850
USD
-0.27%

DHI
DR Horton Inc
164.230
USD
-2.42%
FAQ

Is TC Energy Corp (TRP) currently overvalued or undervalued?
TC Energy Corp (TRP) is now in the Overvalued zone, suggesting that its current forward PE ratio of 19.59 is considered Overvalued compared with the five-year average of 14.76. The fair price of TC Energy Corp (TRP) is between 37.55 to 46.59 according to relative valuation methord. Compared to the current price of 52.54 USD , TC Energy Corp is Overvalued By 12.77% .

What is TC Energy Corp (TRP) fair value?

How does TRP's valuation metrics compare to the industry average?

What is the current P/B ratio for TC Energy Corp (TRP) as of Sep 23 2025?

What is the current FCF Yield for TC Energy Corp (TRP) as of Sep 23 2025?

What is the current Forward P/E ratio for TC Energy Corp (TRP) as of Sep 23 2025?
