The PE ratio for Golden Ocean Group Limited stock stands at 12.68 as of May 23, 2025. This is calculated based on the TTM EPS of $0.57 and the stock price of $7.23 per share. An increase of 10% has been observed in the PE ratio compared to its average of 11.5 of the last four quarters.
Over the last eight years, the average PE ratio of Golden Ocean Group Limited has been 14.19. The current 12.68 P/E ratio is 11% lower than the historical average. Looking back at the last eight years, GOGL's PE ratio peaked in the Jun 2019 quarter at 44.69, with a price of $5.81 and an EPS of $0.13. The Sep 2022 quarter marked the lowest point at 2.5, with a price of $7.47 and an EPS of $2.99.
Maximum annual increase: 361.11% in 2023
Maximum annual decrease: -54.1% in 2024
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
2024 | 8 | -54.1% | $8.96 | $1.12 |
2023 | 17.43 | 361.11% | $9.76 | $0.56 |
2022 | 3.78 | 11.5% | $8.69 | $2.3 |
2021 | 3.39 | N/A | $9.3 | $2.74 |
2020 | N/A | N/A | $4.63 | -$0.96 |
2019 | 22.35 | 114.08% | $5.81 | $0.26 |
2018 | 10.44 | N/A | $6.16 | $0.59 |
2017 | N/A | N/A | $8.15 | -$0.02 |
2016 | N/A | N/A | $4.71 | -$1.34 |
2015 | N/A | N/A | $5.35 | -$7.3 |
2014 | 14.9 | N/A | $22.65 | $1.52 |
2013 | N/A | N/A | $45.95 | -$0.75 |
2012 | N/A | N/A | $26.25 | -$10.95 |
2011 | 10.2 | -7.44% | $68.35 | $6.7 |
2010 | 11.02 | 5.56% | $111.35 | $10.1 |
Year | PE ratio | PE change | Price | EPS |
---|---|---|---|---|
Mar 2025 | 14 | 75% | $7.98 | $0.57 |
Dec 2024 | 8 | -27.67% | $8.96 | $1.12 |
Sep 2024 | 11.06 | -14.26% | $13.38 | $1.21 |
Jun 2024 | 12.9 | -7.46% | $13.8 | $1.07 |
Mar 2024 | 13.94 | -20.02% | $12.96 | $0.93 |
Dec 2023 | 17.43 | 34.91% | $9.76 | $0.56 |
Sep 2023 | 12.92 | 69.33% | $7.88 | $0.61 |
Jun 2023 | 7.63 | 30.65% | $7.55 | $0.99 |
Mar 2023 | 5.84 | 54.5% | $9.52 | $1.63 |
Dec 2022 | 3.78 | 51.2% | $8.69 | $2.3 |
Sep 2022 | 2.5 | -26.04% | $7.47 | $2.99 |
Jun 2022 | 3.38 | -13.99% | $11.64 | $3.44 |
Mar 2022 | 3.93 | 15.93% | $12.38 | $3.15 |
Dec 2021 | 3.39 | -43.03% | $9.3 | $2.74 |
Sep 2021 | 5.95 | -40.2% | $10.77 | $1.81 |
Currently, GOGL's PE ratio is higher than the 3 and 5-year averages, but it is lower than its 10-year average.
GOGL's PE ratio stands higher than its peer stocks DHT and STNG. Golden Ocean Group Limited's current PE ratio of 12.68 is higher than the average of its peers, which is 5.36.
Stock name | PE ratio | Market cap |
---|---|---|
GASS StealthGas Inc | 2.8 | $197.8M |
STNG Scorpio Tankers Inc | 3.74 | $1.85B |
ASC Ardmore Shipping Corp | 4.25 | $395.25M |
DHT DHT Holdings Inc | 10.63 | $1.88B |
GOGL Golden Ocean Group Limited | 12.68 | $1.44B |
As of May 23, 2025, GOGL stock has a price to earnings ratio of 12.68.
The average PE ratio for GOGL stock over the past 3 years is 9.45.
The average PE ratio for GOGL stock over the past 5 years is 9.35.
Over the last eight years, the Jun 2019 quarter recorded the highest quarterly PE ratio at 44.69.
The current PE ratio of GOGL is 11% lower than the 8-year historical average.
The P/E ratio is obtained by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 23, 2025), Golden Ocean Group Limited's share price is $7.23. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $0.57. Therefore, Golden Ocean Group Limited's PE ratio for today is 12.68. PE RATIO(12.68) = STOCK PRICE($7.23) / TTM EPS($0.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.