ESEA Euroseas PE ratio, current and historical analysis
As of Dec 20, 2024, the ESEA stock has a P/E ratio of 2.1. The calculation is based on the latest EPS of $16.33 and the stock price of $34.22 per share. A decrease of 9% has been observed in the PE ratio compared to its average of 2.3 of the past four quarters.
ESEA PE ratio history
The mean historical PE ratio of Euroseas over the last seven years is 5.83. The current 2.1 price-to-earnings ratio is 64% less than the historical average. Analyzing the last seven years, ESEA's PE ratio reached its highest point in the Dec 2017 quarter at 22.33, with a price of $13.62 and an EPS of $0.61. The Sep 2018 quarter saw the lowest point at 0.99, with a price of $10.16 and an EPS of $10.29.
Euroseas PE ratio by year
Maximum annual increase: 50.4% in 2023
Maximum annual decrease: -69.51% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 1.88 | 50.4% |
| 2022 | 1.25 | -69.51% |
| 2021 | 4.1 | -56.2% |
| 2020 | 9.36 | N/A |
| 2019 | N/A | N/A |
| 2018 | 14.36 | -35.69% |
| 2017 | 22.33 | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
ESEA average PE ratio chart
Currently, ESEA's PE ratio is under its 3, 5 and 10-year averages.
ESEA PE vs peers
When compared to its peer stocks SBLK and CMRE, ESEA's PE ratio is lower. Euroseas's current PE ratio of 2.1 is less than the average of its peers, which is 8.58.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ESEA Euroseas Ltd | 2.1 | $240M |
| DAC Danaos Corporation | 2.62 | $1.48B |
| CMRE Costamare Inc | 4.12 | $1.62B |
| NMM Navios Maritime Partners L.P. | 4.79 | $1.27B |
| SBLK Star Bulk Carriers Corp | 4.95 | $1.67B |
| DSX Diana Shipping Inc | 26.43 | $220.21M |
Frequently asked questions
What is Euroseas's PE ratio?
The price to earnings ratio for ESEA stock as of Dec 20, 2024, stands at 2.1.
What is the 3-year average PE ratio for Euroseas (ESEA)?
The 3-year average PE ratio for ESEA stock is 2.11.
What is the 5-year average PE ratio for Euroseas (ESEA)?
The 5-year average PE ratio for ESEA stock is 4.64.
What is the highest PE ratio for ESEA?
Over the last seven years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 22.33.
How does the current PE ratio for ESEA compare to its historical average?
ESEA's current price to earnings ratio is 64% below its 7-year historical average.
Why is Euroseas's PE ratio so low?
ESEA's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is ESEA's PE ratio calculated (Euroseas PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Dec 20, 2024), Euroseas's share price is $34.22. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $16.33. Therefore, Euroseas's price to earnings ratio for today is 2.1. PE RATIO(2.1) = STOCK PRICE($34.22) / TTM EPS($16.33)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.