P/E ratio for Euroseas (ESEA)
P/E ratio as of June 2023 (TTM): 1.57
According to Euroseas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.57145. At the end of 2020 the company had a P/E ratio of 9.05.
P/E ratio history for Euroseas from 2006 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | 9.05 | |
| 2018 | -2.26 | -4.36% |
| 2017 | -2.36 | 682.38% |
| 2016 | -0.3018 | -72.72% |
| 2015 | -1.11 | -56.7% |
| 2014 | -2.56 | 249.94% |
| 2013 | -0.7303 | -72.62% |
| 2012 | -2.67 | -102.98% |
| 2011 | 89.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 5.89 | 274.87% | 🇬🇷 Greece |
 Danaos DAC | 2.01 | 27.61% | 🇬🇷 Greece |
 Diana Shipping DSX | 2.59 | 65.03% | 🇬🇷 Greece |
 Navios Maritime Partners NMM | 0.9723 | -38.13% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 0.3075 | -80.44% | 🇲🇨 Monaco |
 Costamare
CMRE | 2.23 | 41.85% | 🇲🇨 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.