According to Nordic American Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.95614. At the end of 2022 the company had a P/E ratio of 51.0.
Year | P/E ratio | Change |
---|---|---|
2022 | 51.0 | -3178.11% |
2021 | -1.66 | -119.1% |
2020 | 8.68 | -114.11% |
2019 | -61.5 | 1960.25% |
2018 | -2.99 | -11.42% |
2017 | -3.37 | -100.81% |
2016 | 417 | 3386.49% |
2015 | 12.0 | -117.94% |
2014 | -66.6 | 1064.96% |
2013 | -5.72 | -7.84% |
2012 | -6.20 | -19.09% |
2011 | -7.67 | -99.4% |
2010 | < -1000 | -446.93% |
2009 | 367 | 3888.89% |
2008 | 9.20 | -53.88% |
2007 | 19.9 | 34.36% |
2006 | 14.8 | 56.51% |
2005 | 9.48 | 0.54% |
2004 | 9.43 | 85.15% |
2003 | 5.09 | -65% |
2002 | 14.6 | 114.86% |
2001 | 6.78 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
DHT Holdings DHT | 11.5 | 65.32% | ๐ง๐ฒ Bermuda |
Golar LNG
GLNG | 25.4 | 264.55% | ๐ง๐ฒ Bermuda |
Teekay Tankers TNK | 3.75 | -46.16% | ๐จ๐ฆ Canada |
Teekay TK | 4.60 | -33.94% | ๐จ๐ฆ Canada |
SFL Corp
SFL | 13.8 | 98.12% | ๐ง๐ฒ Bermuda |
Frontline FRO | 6.41 | -7.80% | ๐ง๐ฒ Bermuda |
Ardmore Shipping
ASC | 3.74 | -46.19% | ๐ง๐ฒ Bermuda |
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.