As of Apr 1, 2025, the ESEA stock has a P/E ratio of 1.96. The calculation is based on the latest EPS of $16.25 and the stock price of $31.81 per share. A decrease of 18% has been observed in the PE ratio compared to its average of 2.4 of the past four quarters.
The mean historical PE ratio of Euroseas over the last eight years is 5.69. The current 1.96 price-to-earnings ratio is 66% less than the historical average. Analyzing the last eight 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.
Maximum annual increase: 50.4% in 2023
Maximum annual decrease: -69.51% in 2022
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 2.23 | 18.62% | $36.2 | $16.25 |
2023 | 1.88 | 50.4% | $31.15 | $16.53 |
2022 | 1.25 | -69.51% | $18.45 | $14.79 |
2021 | 4.1 | -56.2% | $24.91 | $6.07 |
2020 | 9.36 | N/A | $5.43 | $0.58 |
2019 | N/A | N/A | $4.07 | -$1.21 |
2018 | 14.36 | -35.69% | $5.6 | $0.39 |
2017 | 22.33 | N/A | $13.62 | $0.61 |
2016 | N/A | N/A | $13.52 | -$35.04 |
2015 | N/A | N/A | $20.4 | -$19.6 |
2014 | N/A | N/A | $60.79 | -$28.24 |
2013 | N/A | N/A | $116 | -$182.08 |
2012 | N/A | N/A | $72.8 | -$27.2 |
2011 | 58.75 | N/A | $188 | $3.2 |
2010 | N/A | N/A | $295.35 | -$16.8 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Dec 2024 | 2.23 | -25.42% | $36.2 | $16.25 |
Sep 2024 | 2.99 | 45.85% | $48.85 | $16.33 |
Jun 2024 | 2.05 | -12.39% | $34.91 | $17.03 |
Mar 2024 | 2.34 | 24.47% | $35.85 | $15.31 |
Dec 2023 | 1.88 | 11.9% | $31.15 | $16.53 |
Sep 2023 | 1.68 | 13.51% | $26.66 | $15.83 |
Jun 2023 | 1.48 | 17.46% | $21.69 | $14.66 |
Mar 2023 | 1.26 | 0.8% | $18.51 | $14.74 |
Dec 2022 | 1.25 | -9.42% | $18.45 | $14.79 |
Sep 2022 | 1.38 | -26.2% | $20.81 | $15.13 |
Jun 2022 | 1.87 | -37.67% | $23.9 | $12.81 |
Mar 2022 | 3 | -26.83% | $29.02 | $9.68 |
Dec 2021 | 4.1 | -64.78% | $24.91 | $6.07 |
Sep 2021 | 11.64 | -13.78% | $33.63 | $2.89 |
Jun 2021 | 13.5 | 8.52% | $23.08 | $1.71 |
Currently, ESEA's PE ratio is above its 3-year average, but it is under its 5 and 10-year averages.
When compared to its peer stocks SBLK and DAC, ESEA's PE ratio is lower. Euroseas's current PE ratio of 1.96 is less than the average of its peers, which is 8.45.
Stock name | PE ratio | Market cap |
---|---|---|
ESEA Euroseas Ltd | 1.96 | $221.14M |
NMM Navios Maritime Partners L.P. | 2.8 | $1.17B |
DAC Danaos Corporation | 3.04 | $1.51B |
CMRE Costamare Inc | 4.21 | $1.23B |
SBLK Star Bulk Carriers Corp | 5.52 | $1.85B |
DSX Diana Shipping Inc | 26.67 | $190.54M |
The price to earnings ratio for ESEA stock as of Apr 1, 2025, stands at 1.96.
The 3-year average PE ratio for ESEA stock is 1.86.
The 5-year average PE ratio for ESEA stock is 4.51.
Over the last eight years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 22.33.
ESEA's current price to earnings ratio is 66% below its 8-year historical average.
ESEA's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Apr 1, 2025), Euroseas's share price is $31.81. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $16.25. Therefore, Euroseas's price to earnings ratio for today is 1.96. PE RATIO(1.96) = STOCK PRICE($31.81) / TTM EPS($16.25)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.