P/E ratio for Nordic American Tankers (NAT)
P/E ratio as of June 2025 (TTM): 20.3
According to Nordic American Tankers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 20.2857. At the end of 2022 the company had a P/E ratio of 51.0.
P/E ratio history for Nordic American Tankers from 2001 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 51.0 | -2302.96% |
| 2021 | -2.32 | -126.68% |
| 2020 | 8.68 | -114.11% |
| 2019 | -61.5 | 1960.25% |
| 2018 | -2.99 | |
| 2016 | 417 | 3386.49% |
| 2015 | 12.0 | -117.94% |
| 2014 | -66.6 | |
| 2012 | -6.20 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Teekay TK | 6.21 | -69.40% | 🇨🇦 Canada |
 SFL Corp
SFL | 14.1 | -30.58% | 🇧🇲 Bermuda |
 Frontline FRO | 12.9 | -36.40% | 🇧🇲 Bermuda |
 Teekay Tankers TNK | 5.07 | -75.02% | 🇨🇦 Canada |
 DHT Holdings DHT | 11.0 | -45.55% | 🇧🇲 Bermuda |
 Golar LNG
GLNG | -213 | -1,150.75% | 🇧🇲 Bermuda |
 Ardmore Shipping
ASC | 3.31 | -83.69% | 🇧🇲 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.