P/E ratio for Frontline (FRO)
P/E ratio as of June 2023 (TTM): 6.86
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.
P/E ratio history for Frontline from 2001 to 2022
PE ratio at the end of each year
| 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 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Chevron CVX | 8.40 | 22.39% | 🇺🇸 USA |
 DHT Holdings DHT | 11.4 | 66.29% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | 2.80 | -59.23% | 🇧🇲 Bermuda |
 Teekay Tankers TNK | 30.0 | 336.71% | 🇨🇦 Canada |
 Teekay TK | 7.63 | 11.21% | 🇨🇦 Canada |
 SFL Corp
SFL | 4.90 | -28.55% | 🇧🇲 Bermuda |
 Nordic American Tankers NAT | 61.7 | 798.87% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 3.63 | -47.03% | 🇧🇲 Bermuda |
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.