As of Jul 26, 2024, the Star Bulk Carriers stock's PE ratio is 10.4. This takes into account the latest EPS of $2.2 and stock price of $22.89. The PE ratio marks an increase of 18% from its last 4 quarters average of 8.8.
The PE ratio of Star Bulk Carriers has averaged 15.27 over the last seven years. The current P/E ratio of 10.4 is 32% 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 higher than the 3-year average, but it is lower than its 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 | 2.44 | $262.45M |
| NMM Navios Maritime Partners L.P. | 3.3 | $1.43B |
| SBLK Star Bulk Carriers Corp | 10.4 | $1.92B |
| DSX Diana Shipping Inc | 11.21 | $296.79M |
| FREE Whole Earth Brands Inc | N/A | $209.94M |
SBLK's price to earnings ratio is 10.4 as of Jul 26, 2024.
The average PE ratio for SBLK stock over the past 3 years is 6.24.
The average PE ratio for SBLK stock over the past 5 years is 14.9.
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 32% below its 7-year historical average.
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 (Jul 26, 2024), Star Bulk Carriers's share price is $22.89. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.2. Therefore, Star Bulk Carriers's PE ratio for today is 10.4. PE RATIO(10.4) = STOCK PRICE($22.89) / TTM EPS($2.2)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.