Performance Shipping
PSHG
#9534
Rank
HK$0.19 B
Marketcap
HK$15.47
Share price
1.53%
Change (1 day)
3.17%
Change (1 year)

P/E ratio for Performance Shipping (PSHG)

P/E ratio as of November 2024 (TTM): 0.2353

According to Performance Shipping 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.235345. At the end of 2022 the company had a P/E ratio of -0.1019.

P/E ratio history for Performance Shipping from 2011 to 2023

PE ratio at the end of each year

Year P/E ratio Change
2022-0.1019-94.67%
2021-1.91-146.45%
20204.12-4746.46%
2019-0.0886781.99%
2018-0.0100-27992.37%
20170.0000-100.21%
2016-0.0173-94.32%
2015-0.3043-110.57%
20142.88-1476.02%
2013-0.2093-108.58%
20122.44-26.63%
20113.32

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
0.2353 0.00%๐Ÿ‡ฌ๐Ÿ‡ท Greece

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.