P/E ratio for Diana Shipping (DSX)
P/E ratio as of May 2023 (TTM): 2.52
According to Diana Shipping's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.52. At the end of 2021 the company had a P/E ratio of 5.81.
P/E ratio history for Diana Shipping from 2005 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 5.81 | -587.34% |
| 2020 | -1.19 | -93.24% |
| 2019 | -17.6 | -158.15% |
| 2018 | 30.3 | -3919.38% |
| 2017 | -0.7934 | -44.31% |
| 2016 | -1.42 | -71.18% |
| 2015 | -4.94 | -86% |
| 2014 | -35.3 | -30.91% |
| 2013 | -51.1 | -569.14% |
| 2012 | 10.9 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 5.63 | 123.53% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 1.44 | -42.99% | 🇬🇷 Greece |
 Euroseas ESEA | 1.46 | -41.87% | 🇬🇷 Greece |
 Safe Bulkers
SB | 2.44 | -3.26% | 🇲🇨 Monaco |
 Eagle Bulk Shipping EGLE | 2.66 | 5.65% | 🇺🇸 USA |
 Navios Maritime Partners NMM | 1.00 | -60.24% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 0.3012 | -88.05% | 🇲🇨 Monaco |
 Whole Earth Brands FREE | -2.04 | -181.07% | 🇺🇸 USA |
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.