Safe Bulkers
SB
#6757
Rank
โ‚ฌ0.42 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ
Country
4,02ย โ‚ฌ
Share price
-1.14%
Change (1 day)
34.14%
Change (1 year)

P/E ratio for Safe Bulkers (SB)

P/E ratio as of November 2024 (TTM): 4.54

According to Safe Bulkers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.53646. At the end of 2022 the company had a P/E ratio of 2.12.

P/E ratio history for Safe Bulkers from 2008 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20222.12-21.12%
20212.69-151.63%
2020-5.22-115.34%
201934.0205.62%
201811.1-437.54%
2017-3.30137.88%
2016-1.3926.58%
2015-1.09-102.24%
201448.9393.45%
20139.90274.38%
20122.65-43.02%
20114.64-8.28%
20105.0675.7%
20092.88-5.53%
20083.05

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.82-37.94%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
2.85-37.25%๐Ÿ‡ฌ๐Ÿ‡ท Greece
1.30-71.41%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
41.5 814.33%๐Ÿ‡ฌ๐Ÿ‡ท Greece
5.49 21.09%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.27-49.94%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.