International Seaways
INSW
#3672
Rank
$2.09 B
Marketcap
$42.69
Share price
-0.91%
Change (1 day)
208.01%
Change (1 year)

P/E ratio for International Seaways (INSW)

P/E ratio as of December 2022 (TTM): 15.5

According to International Seaways's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.5236. At the end of 2021 the company had a P/E ratio of -4.49.

P/E ratio history for International Seaways from 2016 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-4.49-92.03%
2020-56.3-92.43%
2019-74413419.24%
2018-5.508.81%
2017-5.06-77.52%
2016-22.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-0.8471-105.46%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.