DHT Holdings
DHT
#4595
Rank
NZ$2.84 B
Marketcap
๐Ÿ‡ง๐Ÿ‡ฒ
Country
$17.61
Share price
1.54%
Change (1 day)
-0.34%
Change (1 year)

P/E ratio for DHT Holdings (DHT)

P/E ratio as of November 2024 (TTM): 10.6

According to DHT Holdings's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 10.58. At the end of 2022 the company had a P/E ratio of 23.4.

P/E ratio history for DHT Holdings from 2006 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202223.4-133.91%
2021-68.9-2432.56%
20202.95-82.16%
201916.6-239.41%
2018-11.9-133.09%
201735.9-13.29%
201641.4483.39%
20157.10-92.23%
201491.4-794.66%
2013-13.21518.44%
2012-0.8127-33.55%
2011-1.22-103.18%
201038.5286.92%
20099.95106.46%
20084.82-64.18%
200713.5-1.14%
200613.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
5.22-50.68%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
5.74-45.78%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
39.2 270.72%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.85-73.05%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
11.0 3.97%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.98-71.85%๐Ÿ‡จ๐Ÿ‡ฆ Canada
5.04-52.34%๐Ÿ‡จ๐Ÿ‡ฆ Canada

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.