According to Global Ship Lease's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.17547. At the end of 2022 the company had a P/E ratio of 2.14.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.14 | -57.88% |
2021 | 5.08 | -11.21% |
2020 | 5.72 | 36.73% |
2019 | 4.18 | -369.96% |
2018 | -1.55 | 115.13% |
2017 | -0.7205 | -39.67% |
2016 | -1.19 | -68.46% |
2015 | -3.79 | -108.42% |
2014 | 45.0 | 409.15% |
2013 | 8.84 | 104.42% |
2012 | 4.32 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
![]() Titan Machinery TITN | 2.91 | -8.34% | ๐บ๐ธ USA |
![]() Danaos DAC | 3.61 | 13.68% | ๐ฌ๐ท Greece |
![]() Costamare
CMRE | 4.56 | 43.74% | ๐ฒ๐จ Monaco |
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.