P/E ratio for Seanergy Maritime (SHIP)
P/E ratio as of May 2023 (TTM): 1.44
According to Seanergy Maritime's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.43667. At the end of 2020 the company had a P/E ratio of -0.0971.
P/E ratio history for Seanergy Maritime from 2008 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2020 | -0.0971 | -28.37% |
| 2019 | -0.1356 | -84.83% |
| 2018 | -0.8939 | |
| 2014 | 0.1228 | -94.44% |
| 2013 | 2.21 | -3542.74% |
| 2012 | -0.0642 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 5.63 | 292.08% | 🇬🇷 Greece |
 Diana Shipping DSX | 2.52 | 75.41% | 🇬🇷 Greece |
 Safe Bulkers
SB | 2.44 | 69.70% | 🇲🇨 Monaco |
 Eagle Bulk Shipping EGLE | 2.66 | 85.31% | 🇺🇸 USA |
 Navios Maritime Partners NMM | 1.00 | -30.26% | 🇲🇨 Monaco |
 Navios Maritime Holdings NM | 0.3012 | -79.03% | 🇲🇨 Monaco |
 Whole Earth Brands FREE | -2.04 | -242.19% | 🇺🇸 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.