According to Frontline's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.86047. At the end of 2021 the company had a P/E ratio of -141.
Year | P/E ratio | Change |
---|---|---|
2021 | -141 | |
2018 | -111 | |
2016 | 9.61 | |
2014 | -1.51 | -3.37% |
2013 | -1.56 | -49.12% |
2012 | -3.08 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
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![]() DHT Holdings DHT | 11.4 | 66.29% | ๐ง๐ฒ Bermuda |
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GLNG | 2.80 | -59.23% | ๐ง๐ฒ Bermuda |
![]() Teekay Tankers TNK | 30.0 | 336.71% | ๐จ๐ฆ Canada |
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SFL | 4.90 | -28.55% | ๐ง๐ฒ Bermuda |
![]() Nordic American Tankers NAT | 61.7 | 798.87% | ๐ง๐ฒ Bermuda |
![]() Ardmore Shipping
ASC | 3.63 | -47.03% | ๐ง๐ฒ Bermuda |
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.