P/E ratio for Top Ships (TOPS)
P/E ratio as of March 2023 (TTM): 0.0000
According to Top Ships's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.0000002437. At the end of 2021 the company had a P/E ratio of 0.3098.
P/E ratio history for Top Ships from 2014 to 2018
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2021 | 0.3098 | -729.9% |
| 2020 | -0.0492 | -36.55% |
| 2019 | -0.0775 | -94.57% |
| 2018 | -1.43 | -14.27% |
| 2017 | -1.66 | -99.99% |
| 2016 | < -1000 | 5732.3% |
| 2015 | -198 | -105.79% |
| 2014 | > 1000 | -60.62% |
| 2013 | > 1000 | -9682.58% |
| 2012 | -90.6 | 51.91% |
| 2011 | -59.6 | -100% |
| 2010 | > 1000 | -2549.75% |
| 2009 | < -1000 | -132.85% |
| 2008 | > 1000 | -140.1% |
| 2007 | < -1000 | -102.13% |
| 2006 | > 1000 | 97.87% |
| 2005 | > 1000 | -22.09% |
| 2004 | > 1000 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 6.45 | 2,645,137,364.10% | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 3.13 | 1,284,123,822.86% | 🇬🇷 Greece |
 Whole Earth Brands FREE | 87.7 | 35,973,204,659.95% | 🇺🇸 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.