P/E ratio for Seanergy Maritime (SHIP)
P/E ratio as of April 2024 (TTM): 41.1
According to Seanergy Maritime's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 41.087. At the end of 2022 the company had a P/E ratio of 5.10.
P/E ratio history for Seanergy Maritime from 2008 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 5.10 | 38.64% |
| 2021 | 3.68 | -3854.96% |
| 2020 | -0.0980 | -27.73% |
| 2019 | -0.1356 | -84.74% |
| 2018 | -0.8886 | -92.31% |
| 2017 | -11.6 | 1104.38% |
| 2016 | -0.9595 | -79.97% |
| 2015 | -4.79 | -4005.64% |
| 2014 | 0.1227 | -94.43% |
| 2013 | 2.20 | -3533.52% |
| 2012 | -0.0641 | -19.63% |
| 2011 | -0.0798 | -100.07% |
| 2010 | 120 | 5041.02% |
| 2009 | 2.34 | -162.96% |
| 2008 | -3.72 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 6.64 | -83.85% | 🇬🇷 Greece |
 Diana Shipping DSX | 2.98 | -92.75% | 🇬🇷 Greece |
 Safe Bulkers
SB | 5.25 | -87.22% | 🇲🇨 Monaco |
 Eagle Bulk Shipping EGLE | 6.66 | -83.79% | 🇺🇸 USA |
 Navios Maritime Partners NMM | 2.30 | -94.39% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 1.30 | -96.84% | 🇲🇨 Monaco |
 Whole Earth Brands FREE | -2.30 | -105.59% | 🇺🇸 USA |
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.