DHT Holdings
DHT
#4173
Rank
$1.67 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Country
$10.30
Share price
2.28%
Change (1 day)
44.26%
Change (1 year)

P/E ratio for DHT Holdings (DHT)

P/E ratio as of October 2023 (TTM): 10.1

According to DHT Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.07. At the end of 2021 the company had a P/E ratio of -68.9.

P/E ratio history for DHT Holdings from 2007 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-68.9-2432.56%
20202.95-82.16%
201916.6-239.41%
2018-11.9-133.09%
201735.9-13.29%
201641.4483.39%
20157.10-92.23%
201491.4-794.66%
2013-13.21589.36%
2012-0.7786

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
24.1 139.03%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.70-73.18%๐Ÿ‡จ๐Ÿ‡ฆ Canada
3.82-62.04%๐Ÿ‡จ๐Ÿ‡ฆ Canada
11.7 15.96%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
7.11-29.44%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
5.02-50.16%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.87-71.46%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.