Danaos
DAC
#4320
Rank
$1.17 B
Marketcap
๐Ÿ‡ฌ๐Ÿ‡ท Greece
Country
$57.30
Share price
-0.30%
Change (1 day)
-23.32%
Change (1 year)

P/E ratio for Danaos (DAC)

P/E ratio as of October 2022 (TTM): 1.26

According to Danaos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.25677. At the end of 2021 the company had a P/E ratio of 1.40.

P/E ratio history for Danaos from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
20211.40-55.77%
20203.16189.58%
20191.09-128.25%
2018-3.86-302.51%
20171.91-340.47%
2016-0.7934-115.32%
20155.18-103.83%
2014-135-1048.14%
201314.3-587.34%
2012-2.93-110.49%
201127.9-1115.15%
2010-2.75-140.33%
20096.82116.34%
20083.15-52.95%
20076.70-39.54%
200611.1

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.