P/E ratio for Top Ships (TOPS)
P/E ratio as of April 2024 (TTM): N/A
According to Top Ships's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2010 the company had a P/E ratio of > 1000.
P/E ratio history for Top Ships from 2004 to 2016
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2010 | > 1000 | -2695.93% |
| 2009 | < -1000 | -119.84% |
| 2008 | > 1000 | -153.39% |
| 2007 | < -1000 | -98.75% |
| 2006 | < -1000 | -530.98% |
| 2005 | > 1000 | 417014213777.75% |
| 2004 | 2.15 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Star Bulk Carriers SBLK | 6.72 | N/A | 🇬🇷 Greece |
 Seanergy Maritime SHIP | 41.7 | N/A | 🇬🇷 Greece |
 Whole Earth Brands FREE | -2.30 | N/A | 🇺🇸 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.