P/E ratio for Performance Shipping (PSHG)
P/E ratio as of April 2025 (TTM): 0.1869
According to Performance Shipping 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.186857. At the end of 2022 the company had a P/E ratio of -0.1019.
P/E ratio history for Performance Shipping from 2011 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -0.1019 | -94.67% |
| 2021 | -1.91 | -146.45% |
| 2020 | 4.12 | -4746.46% |
| 2019 | -0.0886 | 781.99% |
| 2018 | -0.0100 | -27992.37% |
| 2017 | 0.0000 | -100.21% |
| 2016 | -0.0173 | -94.32% |
| 2015 | -0.3043 | -110.57% |
| 2014 | 2.88 | -1476.02% |
| 2013 | -0.2093 | -108.58% |
| 2012 | 2.44 | -26.63% |
| 2011 | 3.32 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 | 0.1869 | 0.00% | 🇬🇷 Greece |
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.