P/E ratio for Diana Shipping (DSX)
P/E ratio as of April 2024 (TTM): 2.95
According to Diana Shipping's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.94898. At the end of 2022 the company had a P/E ratio of 2.73.
P/E ratio history for Diana Shipping from 2005 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 2.73 | -53.03% |
| 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 | 93.73% |
| 2011 | 5.62 | -25.14% |
| 2010 | 7.51 | -19.06% |
| 2009 | 9.28 | 115.32% |
| 2008 | 4.31 | -71.09% |
| 2007 | 14.9 | -23.61% |
| 2006 | 19.5 | 161.06% |
| 2005 | 7.48 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 6.38 | 116.45% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 41.5 | 1,308.00% | 🇬🇷 Greece |
 Euroseas ESEA | 2.24 | -24.08% | 🇬🇷 Greece |
 Safe Bulkers
SB | 4.97 | 68.49% | 🇲🇨 Monaco |
 Eagle Bulk Shipping EGLE | 6.66 | 125.83% | 🇺🇸 USA |
 Navios Maritime Partners NMM | 2.17 | -26.40% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 1.30 | -56.01% | 🇲🇨 Monaco |
 Whole Earth Brands FREE | -2.30 | -177.99% | 🇺🇸 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.