As of May 10, 2024, the Star Bulk Carriers stock's PE ratio is 14.59. This takes into account the latest EPS of $1.76 and stock price of $25.67. The PE ratio marks an increase of 99% from its last 4 quarters average of 7.3.
The PE ratio of Star Bulk Carriers has averaged 15.67 over the last six years. The current P/E ratio of 14.59 is 7% lower than the historical average. Looking back at the last six 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 stocks NMM and DSX, SBLK's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ESEA Euroseas Ltd | 2.28 | $264.44M |
| NMM Navios Maritime Partners L.P. | 3.34 | $1.42B |
| DSX Diana Shipping Inc | 7 | $348.24M |
| SBLK Star Bulk Carriers Corp | 14.59 | $2.16B |
| FREE Whole Earth Brands Inc | N/A | $209.08M |
SBLK's price to earnings ratio is 14.59 as of May 10, 2024.
The average PE ratio for SBLK stock over the past 3 years is 6.23.
The average PE ratio for SBLK stock over the past 5 years is 15.35.
Over the last six 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 7% below its 6-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 (May 10, 2024), Star Bulk Carriers's share price is $25.67. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $1.76. Therefore, Star Bulk Carriers's PE ratio for today is 14.59. PE RATIO(14.59) = STOCK PRICE($25.67) / TTM EPS($1.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.