Scorpio Tankers
STNG
#3603
Rank
โ‚ฌ2.72 B
Marketcap
๐Ÿ‡ฒ๐Ÿ‡จ
Country
53,85ย โ‚ฌ
Share price
0.21%
Change (1 day)
-2.20%
Change (1 year)

P/E ratio for Scorpio Tankers (STNG)

P/E ratio as of November 2024 (TTM): 3.78

According to Scorpio Tankers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.77519. At the end of 2022 the company had a P/E ratio of 4.68.

P/E ratio history for Scorpio Tankers from 2010 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20224.68-256.59%
2021-2.99-145.36%
20206.58-117.23%
2019-38.21191.22%
2018-2.96-26.29%
2017-4.01-85.83%
2016-28.3-573.05%
20155.99-81.41%
201432.2-60.8%
201382.1-850.83%
2012-10.9479.36%
2011-1.89-99.44%
2010-337

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
2.43-35.74%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.99-20.89%๐Ÿ‡จ๐Ÿ‡ฆ Canada
3.14-16.78%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
5.03 33.34%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.