Top Ships
$17.31 M
Share price
Change (1 day)
Change (1 year)

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
2016< -10005732.3%
2014> 1000-60.62%
2013> 1000-9682.58%
2010> 1000-2549.75%
2009< -1000-132.85%
2008> 1000-140.1%
2007< -1000-102.13%
2006> 100097.87%
2005> 1000-22.09%
2004> 1000

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
6.45 2,645,137,364.10%๐Ÿ‡ฌ๐Ÿ‡ท Greece
3.13 1,284,123,822.86%๐Ÿ‡ฌ๐Ÿ‡ท Greece
87.7 35,973,204,659.95%๐Ÿ‡บ๐Ÿ‡ธ 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.