As of Dec 20, 2024, the Star Bulk Carriers stock's PE ratio is 4.95. This takes into account the latest EPS of $2.99 and stock price of $14.8. The PE ratio marks a decrease of 50% from its last 4 quarters average of 9.9.
The PE ratio of Star Bulk Carriers has averaged 14.28 over the last seven years. The current P/E ratio of 4.95 is 65% 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.
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's current PE ratio is lower than its 3, 5 and 10-year averages.
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 | 2.1 | $240M |
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 |
SBLK's price to earnings ratio is 4.95 as of Dec 20, 2024.
The average PE ratio for SBLK stock over the past 3 years is 6.67.
The average PE ratio for SBLK stock over the past 5 years is 13.81.
Over the last seven years, the quarterly PE ratio reached its highest level at 88.3 in the Dec 2020 quarter.
SBLK's price to earnings ratio is currently 65% below its 7-year historical average.
SBLK's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 4.95 is considered low.
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 (Dec 20, 2024), Star Bulk Carriers's share price is $14.8. 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 4.95. PE RATIO(4.95) = STOCK PRICE($14.8) / TTM EPS($2.99)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.