Dorian LPG
LPG
#5537
Rank
NZ$1.77 B
Marketcap
$41.43
Share price
1.66%
Change (1 day)
-40.99%
Change (1 year)

P/E ratio for Dorian LPG (LPG)

P/E ratio as of December 2024 (TTM): 3.66

According to Dorian LPG 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 3.66091. At the end of 2022 the company had a P/E ratio of 5.74.

P/E ratio history for Dorian LPG from 2014 to 2023

201620192022-400-2002000companiesmarketcap.com

PE ratio at the end of each year

Year P/E ratio Change
20225.74-16.74%
20216.90-14%
20208.02-36.28%
201912.6-251.11%
2018-8.33-72.64%
2017-30.4-211.25%
201627.4385.95%
20155.63-88.77%
201450.2

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
3.71 1.46%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.22-39.34%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
2.43-33.62%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.