Ardmore Shipping
ASC
#7132
Rank
HK$5.24 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
HK$128.59
Share price
-1.92%
Change (1 day)
60.61%
Change (1 year)

P/E ratio for Ardmore Shipping (ASC)

P/E ratio as of August 2026 (TTM): 12.3

According to Ardmore Shipping 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.3233. At the end of 2025 the company had a P/E ratio of 11.9.

P/E ratio history for Ardmore Shipping from 2013 to 2026

PE ratio at the end of each year

Year P/E ratio Change
202511.9207.7%
20243.87-18.01%
20234.7233.52%
20223.53-237.61%
2021-2.57-83.39%
2020-15.539.65%
2019-11.1265.11%
2018-3.03-82.94%
2017-17.8-159.74%
201629.7258.02%
20158.30-94.74%
2014158-406.69%
2013-51.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
DHT Holdings
DHT
8.90-27.79%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Golar LNG Partners
GMLP
N/AN/A๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Golar LNG
GLNG
43.9 256.17%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Teekay Tankers
TNK
6.17-49.97%๐Ÿ‡จ๐Ÿ‡ฆ Canada
Teekay
TK
7.66-37.86%๐Ÿ‡จ๐Ÿ‡ฆ Canada
SFL Corp
SFL
49.5 302.02%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Nordic American Tankers
NAT
23.3 88.74%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
Frontline
FRO
9.47-23.15%๐Ÿ‡ง๐Ÿ‡ฒ 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.