Tc Energy (TRP) Price to Book (2010 - 2026)
Tc Energy's (TRP) Price to Book was 88.37 for the quarter ended Jun 30, 2026, down 24.0% from 116.30 a year earlier.
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Analysis
Tc Energy (TRP) Price to Book (2010 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Price to Book at Tc Energy was 107.09.
- By year, Price to Book came in at 1.73 in the year ended Dec 31, 2024 (+23.0%), 1.40 in the year ended Dec 31, 2023 (-9.3%), 1.55 in the year ended Dec 31, 2022 (-9.7%) and 1.71 in the year ended Dec 31, 2021 (+10.5%).
- The figure for the quarter ended Jun 30, 2026 ranks as the lowest quarterly Price to Book since the quarter ended Dec 31, 2024.
- Year over year, Price to Book gained in three of the last six quarters, with growth averaging 80.6%.
- The high point for year-over-year Price to Book in five years was the quarter ended Sep 30, 2024 (growth of 408.5%); the low point was the quarter ended Sep 30, 2025 (a decline of 54.8%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 103.27 Bn | 98.87 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.54 Bn | 83.25 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.54 Bn | - |
| 4 | Kinder Morgan | 72.47 Bn | 72.17 Bn | 3.07 Bn |
| 5 | Energy Transfer | 68.36 Bn | 61.54 Bn | 7.40 Bn |
| 6 | Tc Energy | 63.47 Bn | 59.55 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.62 Bn | 60.10 Bn | 2.14 Bn |
| 8 | Mplx | 58.35 Bn | 51.91 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 58.12 Bn | 52.95 Bn | 5.29 Bn |
| 10 | Oneok | 57.57 Bn | 55.96 Bn | 2.81 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.53 |
| Dec 31, 2025 | 2.13 |
| Sep 30, 2025 | 2.86 |
| Jun 30, 2025 | 2.52 |
| Mar 31, 2025 | 2.53 |
| Dec 31, 2024 | 1.81 |
| Sep 30, 2024 | 2.19 |
| Jun 30, 2024 | 1.79 |
| Mar 31, 2024 | 1.88 |
| Dec 31, 2023 | 1.38 |
| Sep 30, 2023 | 1.40 |
| Jun 30, 2023 | 1.61 |
| Mar 31, 2023 | 1.55 |
| Dec 31, 2022 | 1.61 |
| Sep 30, 2022 | 1.51 |
| Jun 30, 2022 | 2.00 |
| Mar 31, 2022 | 2.10 |
| Dec 31, 2021 | 1.74 |
| Sep 30, 2021 | 1.78 |
| Jun 30, 2021 | 1.80 |
API Access
Tc Energy Price to Book API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=price-to-book&ticker=TRP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "ticker": "TRP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=price-to-book&ticker=TRP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();