Diana Shipping
DSX
#7506
Rank
โ‚ฌ0.25 B
Marketcap
2,06ย โ‚ฌ
Share price
-3.06%
Change (1 day)
-28.26%
Change (1 year)

P/E ratio for Diana Shipping (DSX)

P/E ratio as of November 2024 (TTM): 2.27

According to Diana Shipping's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.27092. 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
20222.73-53.03%
20215.81-587.34%
2020-1.19-93.24%
2019-17.6-158.15%
201830.3-3919.38%
2017-0.7934-44.31%
2016-1.42-71.18%
2015-4.94-86%
2014-35.3-30.91%
2013-51.1-569.14%
201210.993.73%
20115.62-25.14%
20107.51-19.06%
20099.28115.32%
20084.31-71.09%
200714.9-23.61%
200619.5161.06%
20057.48

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.85 25.34%๐Ÿ‡ฌ๐Ÿ‡ท Greece
4.54 99.76%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
6.66 193.25%๐Ÿ‡บ๐Ÿ‡ธ USA
5.49 141.89%๐Ÿ‡ฌ๐Ÿ‡ท Greece
1.30-42.88%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
2.82 23.98%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
41.5 1,726.50%๐Ÿ‡ฌ๐Ÿ‡ท Greece
-2.32-202.12%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.