Eagle Bulk Shipping
EGLE
#5641
Rank
$0.69 B
Marketcap
$62.60
Share price
0.00%
Change (1 day)
45.01%
Change (1 year)

P/E ratio for Eagle Bulk Shipping (EGLE)

P/E ratio as of May 2024 (TTM): 6.66

According to Eagle Bulk Shipping's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.65957. At the end of 2022 the company had a P/E ratio of 2.62.

P/E ratio history for Eagle Bulk Shipping from 2005 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.62-16.57%
20213.14-156.28%
2020-5.57-63.19%
2019-15.1-159.35%
201825.5-464.36%
2017-7.003995.9%
2016-0.1709-80.85%
2015-0.89263577.61%
2014-0.0243-97.78%
2013-1.09356.41%
2012-0.2396-94.14%
2011-4.09-135.49%
201011.553.53%
20097.5046.26%
20085.13-76.05%
200721.421.01%
200617.7-106.67%
2005-265

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
55.6 734.37%๐Ÿ‡ฌ๐Ÿ‡ท Greece
3.27-50.97%๐Ÿ‡ฌ๐Ÿ‡ท Greece
1.30-80.52%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
-2.30-134.47%๐Ÿ‡บ๐Ÿ‡ธ 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.