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.
Year | P/E ratio | Change |
---|---|---|
2022 | 5.74 | -16.74% |
2021 | 6.90 | -14% |
2020 | 8.02 | -36.28% |
2019 | 12.6 | -251.11% |
2018 | -8.33 | -72.64% |
2017 | -30.4 | -211.25% |
2016 | 27.4 | 385.95% |
2015 | 5.63 | -88.77% |
2014 | 50.2 |
Company | P/E ratio | P/E ratio differencediff. | Country |
---|---|---|---|
3.71 | 1.46% | ๐ง๐ฒ Bermuda | |
2.22 | -39.34% | ๐ฒ๐จ Monaco | |
2.43 | -33.62% | ๐จ๐ฆ Canada |
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.