SBLK Star Bulk Carriers PE ratio, current and historical analysis
As of Nov 21, 2024, the Star Bulk Carriers stock's PE ratio is 6.26. This takes into account the latest EPS of $2.99 and stock price of $18.71. The PE ratio marks a decrease of 37% from its last 4 quarters average of 9.9.
SBLK PE ratio history
The PE ratio of Star Bulk Carriers has averaged 14.28 over the last seven years. The current P/E ratio of 6.26 is 56% lower than the historical average. Looking back at the last seven years, SBLK's PE ratio peaked in the Dec 2020 quarter at 88.3, when the price was $8.83 and the EPS was $0.1. The lowest point was in the Jun 2022 quarter, when it reached 2.85 with a price of $24.99 and an EPS of $8.76.
Star Bulk Carriers PE ratio by year
Maximum annual increase: 248.13% in 2023
Maximum annual decrease: -96.18% in 2021
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 12.08 | 248.13% |
| 2022 | 3.47 | 2.97% |
| 2021 | 3.37 | -96.18% |
| 2020 | 88.3 | N/A |
| 2019 | N/A | N/A |
| 2018 | 12.03 | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | N/A | N/A |
SBLK average PE ratio chart
SBLK's current PE ratio is lower than its 3, 5 and 10-year averages.
SBLK PE vs peers
In comparison to its peer DSX, SBLK's PE ratio is lower, but it is higher than NMM's and ESEA's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ESEA Euroseas Ltd | 2.32 | $276.69M |
| NMM Navios Maritime Partners L.P. | 5.78 | $1.53B |
| SBLK Star Bulk Carriers Corp | 6.26 | $2.11B |
| DSX Diana Shipping Inc | 19.09 | $242M |
Frequently asked questions
What is Star Bulk Carriers's PE ratio?
SBLK's price to earnings ratio is 6.26 as of Nov 21, 2024.
What is the 3-year average PE ratio for Star Bulk Carriers (SBLK)?
The average PE ratio for SBLK stock over the past 3 years is 6.67.
What is the 5-year average PE ratio for Star Bulk Carriers (SBLK)?
The average PE ratio for SBLK stock over the past 5 years is 13.81.
What is the highest PE ratio for SBLK?
Over the last seven years, the quarterly PE ratio reached its highest level at 88.3 in the Dec 2020 quarter.
How does the current PE ratio for SBLK compare to its historical average?
SBLK's price to earnings ratio is currently 56% below its 7-year historical average.
Why is Star Bulk Carriers's PE ratio so low?
SBLK's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 6.26 is considered low.
How is SBLK's PE ratio calculated (Star Bulk Carriers PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Star Bulk Carriers's share price is $18.71. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.99. Therefore, Star Bulk Carriers's PE ratio for today is 6.26. PE RATIO(6.26) = STOCK PRICE($18.71) / TTM EPS($2.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.