The PE ratio for Capital Product Partners L P stock stands at 7.14 as of May 17, 2024. This is based on the current EPS of $2.27 and the stock price of $16.21 per share. An increase of 28% has been seen in the P/E ratio compared to the average of 5.6 of the last 4 quarters.
Over the last ten years, the average PE ratio of Capital Product Partners L P has been 12.23. The current 7.14 PE ratio is 42% below the historical average. Over the past ten years, CPLP's PE ratio was at its highest in the Sep 2014 quarter at 71.29, with a price of $69.86 and an EPS of $0.98. The Sep 2022 quarter recorded the bottom point at 1.85, with a price of $13.39 and an EPS of $7.23.
Maximum annual increase: 198.64% in 2023
Maximum annual decrease: -43.7% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 6.6 | 198.64% |
| 2022 | 2.21 | -29.39% |
| 2021 | 3.13 | -38.39% |
| 2020 | 5.08 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | 15.58 | 64.52% |
| 2016 | 9.47 | -34.82% |
| 2015 | 14.53 | -43.7% |
| 2014 | 25.81 | 156.31% |
Currently, CPLP's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
CPLP's PE ratio is lower than its peer stock STNG, but it is greater than GASS's and DLNG's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GASS StealthGas Inc | 5.09 | $253.72M |
| DLNG Dynagas LNG Partners LP | 6.05 | $146.84M |
| CPLP Capital Product Partners L P | 7.14 | $892.18M |
| STNG Scorpio Tankers Inc | 7.25 | $4.08B |
CPLP's price to earnings ratio is 7.14 as of May 17, 2024.
As an average over the last 3 years, CPLP stock has a PE ratio of 3.81.
As an average over the last 5 years, CPLP stock has a PE ratio of 4.31.
In the last ten years, the Sep 2014 quarter recorded the highest quarterly PE ratio at 71.29.
CPLP's current price to earnings ratio is 42% below its 10-year historical average.
CPLP's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (May 17, 2024), Capital Product Partners L P's stock price is $16.21. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.27. Therefore, Capital Product Partners L P's P/E ratio for today is 7.14. PE RATIO(7.14) = STOCK PRICE($16.21) / TTM EPS($2.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.