PANL Pangaea Logistics Solutions PE ratio, current and historical analysis
The current PE ratio for Pangaea Logistics Solutions stock as of Nov 22, 2024 is 12.23. This is calculated based on the current EPS of $0.48 and the stock price of $5.87 per share. The current price-to-earnings ratio is about the same as the last 4 quarters average.
PANL PE ratio history
The average historical PE ratio of Pangaea Logistics Solutions for the last nine years is 16.8. The current PE ratio of 12.23 is 27% below the historical average. Over the past nine years, PANL's PE ratio was at its highest in the Mar 2020 quarter at 200, when the stock price was $2 and the EPS was $0.01. The lowest value was in the Dec 2021 quarter, when it reached 2.47 with a price of $3.78 and an EPS of $1.53.
Pangaea Logistics Solutions PE ratio by year
Maximum annual increase: 385.07% in 2023
Maximum annual decrease: -76.81% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 13.97 | 385.07% |
| 2022 | 2.88 | 16.6% |
| 2021 | 2.47 | -76.81% |
| 2020 | 10.65 | -2.56% |
| 2019 | 10.93 | 51.6% |
| 2018 | 7.21 | -60.82% |
| 2017 | 18.4 | 13.65% |
| 2016 | 16.19 | 96.24% |
| 2015 | 8.25 | N/A |
| 2014 | N/A | N/A |
PANL average PE ratio chart
PANL's current P/E ratio is above the 3-year historical average, but it is below the 5 and 10-year averages.
PANL PE vs peers
PANL's PE ratio is lower than its peer stocks RCL and MATX.
| Stock name | PE ratio | Market cap |
|---|---|---|
| PANL Pangaea Logistics Solutions Ltd | 12.23 | $275.32M |
| MATX Matson Inc | 12.62 | $5.11B |
| RCL Royal Caribbean Group | 24.08 | $64.93B |
Frequently asked questions
What is Pangaea Logistics Solutions's PE ratio?
The price to earnings ratio for PANL stock is 12.23 as of Nov 22, 2024.
What is the 3-year average PE ratio for Pangaea Logistics Solutions (PANL)?
Over the last 3 years, the average price to earnings ratio for PANL stock is 6.63.
What is the 5-year average PE ratio for Pangaea Logistics Solutions (PANL)?
Over the last 5 years, the average price to earnings ratio for PANL stock is 17.57.
What is the highest PE ratio for PANL?
The highest quarterly PE ratio in the last nine years has been 200 and it was in the Mar 2020 quarter.
How does the current PE ratio for PANL compare to its historical average?
The current price to earnings ratio of PANL is 27% lower than the 9-year historical average.
How is PANL's PE ratio calculated (Pangaea Logistics Solutions PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Nov 22, 2024), Pangaea Logistics Solutions's stock price is $5.87. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.48. Therefore, Pangaea Logistics Solutions's P/E ratio for today is 12.23. PE RATIO(12.23) = STOCK PRICE($5.87) / TTM EPS($0.48)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.