Tsakos Energy Navigation
TNP
#5532
Rank
$0.58 B
Marketcap
$19.71
Share price
0.77%
Change (1 day)
56.80%
Change (1 year)

P/E ratio for Tsakos Energy Navigation (TNP)

P/E ratio as of September 2023 (TTM): 1.71

According to Tsakos Energy Navigation's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 1.7127. At the end of 2021 the company had a P/E ratio of -0.7545.

P/E ratio history for Tsakos Energy Navigation from 2003 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021-0.7545-92.51%
2020-10.1-26.06%
2019-13.6649.87%
2018-1.82-91.17%
2017-20.6-306.23%
20169.98124.55%
20154.44-79.57%
201421.7-363.75%
2013-8.25104.5%
2012-4.0363.67%
2011-2.46-112.29%
201020.05.4%
200919.0474.53%
20083.31-57.69%
20077.8275.51%
20064.46-0.59%
20054.48-4.43%
20044.69-14.33%
20035.48-91%
200260.8

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
23.5 1,271.80%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
3.70 116.24%๐Ÿ‡จ๐Ÿ‡ฆ Canada
3.41 99.08%๐Ÿ‡ฒ๐Ÿ‡จ Monaco
4.96 189.34%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda
2.86 66.71%๐Ÿ‡ง๐Ÿ‡ฒ Bermuda

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.