Nordic American Tankers
NAT
#5150
Rank
C$2.53 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
C$11.99
Share price
3.06%
Change (1 day)
177.44%
Change (1 year)

P/E ratio for Nordic American Tankers (NAT)

P/E ratio as of October 2026 (TTM): 14.1

According to Nordic American Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 14.1441. At the end of 2025 the company had a P/E ratio of 45.7.

P/E ratio history for Nordic American Tankers from 2001 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202545.7354.58%
202410.1
202235.6-2386.17%
2021-1.56-127.4%
20205.69-115.81%
2019-36.02048.03%
2018-1.68
20162103780.55%
20155.41-119.83%
2014-27.3
2012-2.21

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
DHT Holdings
DHT
8.02-43.28%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Golar LNG
GLNG
23.2 63.94%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Teekay Tankers
TNK
6.07-57.10%๐Ÿ‡จ๐Ÿ‡ฆ Canada
Teekay
TK
10.2-27.94%๐Ÿ‡จ๐Ÿ‡ฆ Canada
SFL Corp
SFL
27.8 96.65%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Frontline
FRO
7.86-44.43%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Ardmore Shipping
ASC
7.42-47.53%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.