Euroseas
ESEA
#6760
Rank
$0.24 B
Marketcap
$35.00
Share price
0.81%
Change (1 day)
66.19%
Change (1 year)

P/E ratio for Euroseas (ESEA)

P/E ratio as of June 2024 (TTM): 2.39

According to Euroseas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 2.38908. At the end of 2022 the company had a P/E ratio of 1.25.

P/E ratio history for Euroseas from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
20221.25-70.08%
20214.17-53.89%
20209.05-482.46%
2019-2.37-262.26%
20181.46-166.05%
2017-2.21631.58%
2016-0.3018-71.24%
2015-1.05-56.85%
2014-2.43232.98%
2013-0.7303-73.33%
2012-2.74-104.08%
201167.2-434.35%
2010-20.1129.19%
2009-8.77-224.81%
20087.02-4.88%
20077.3846.6%
20065.04

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.45 169.91%๐Ÿ‡ฌ๐Ÿ‡ท Greece
3.55 48.70%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.87 20.02%๐Ÿ‡ฌ๐Ÿ‡ท Greece
2.57 7.70%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
1.30-45.71%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
4.24 77.52%๐Ÿ‡ฒ๐Ÿ‡จ Monaco

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.