According to Danaos's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.82149. At the end of 2022 the company had a P/E ratio of 1.93.
Year | P/E ratio | Change |
---|---|---|
2022 | 1.93 | 34.02% |
2021 | 1.44 | -56.18% |
2020 | 3.29 | 197.63% |
2019 | 1.11 | -161.09% |
2018 | -1.81 | -194.17% |
2017 | 1.92 | -342.29% |
2016 | -0.7934 | -114.17% |
2015 | 5.60 | -104.09% |
2014 | -137 | -1048.88% |
2013 | 14.4 | -597.86% |
2012 | -2.89 | -110.37% |
2011 | 27.9 | -1316.69% |
2010 | -2.29 | -133.95% |
2009 | 6.76 | 110.92% |
2008 | 3.20 | -52.08% |
2007 | 6.69 | -52.5% |
2006 | 14.1 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Euroseas ESEA | 2.05 | -27.42% | ๐ฌ๐ท Greece |
![]() Diana Shipping DSX | 3.54 | 25.49% | ๐ฌ๐ท Greece |
![]() Navios Maritime Partners NMM | 1.35 | -52.11% | ๐ฒ๐จ Monaco |
![]() Navios Maritime Holdings NM | 1.29 | -54.43% | ๐ฒ๐จ Monaco |
![]() Costamare
CMRE | 2.82 | 0.11% | ๐ฒ๐จ Monaco |
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.