According to StealthGas's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.78899. At the end of 2022 the company had a P/E ratio of 2.98.
Year | P/E ratio | Change |
---|---|---|
2022 | 2.98 | -232.66% |
2021 | -2.24 | -129.61% |
2020 | 7.58 | -89.94% |
2019 | 75.4 | -946.69% |
2018 | -8.90 | -93.87% |
2017 | -145 | 716.96% |
2016 | -17.8 | -131.12% |
2015 | 57.2 | 208.03% |
2014 | 18.6 | 43.88% |
2013 | 12.9 | 129.35% |
2012 | 5.62 | -40.26% |
2011 | 9.41 | -39.6% |
2010 | 15.6 | |
2008 | 3.57 | -65.3% |
2007 | 10.3 | 16.27% |
2006 | 8.85 | 14.43% |
2005 | 7.73 |
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.