ASC Ardmore Shipping PE ratio, current and historical analysis

The current P/E ratio for Ardmore Shipping stock as of Apr 1, 2025 is 3.16. This is calculated based on the TTM EPS of $3.09 and the stock price of $9.75 per share. The PE ratio has decreased by 41% from its last 4 quarters average of 5.4.

ASC PE ratio history

How has ASC's PE ratio performed in the past

The average historical PE ratio of Ardmore Shipping for the last ten years is 10.03. The current price-to-earnings ratio of 3.16 is 68% less than the historical average. Analyzing the last ten years, ASC's PE ratio reached its highest point in the Dec 2016 quarter at 61.67, when the price was $7.4 and the EPS was $0.12. The lowest point was recorded in the Jun 2023 quarter, when it reached 2.71 with a price of $12.35 and an EPS of $4.56.

Today
3.16
Average
10.03
Median
6.24
Minimum
2.71
Maximum
61.67

Ardmore Shipping PE ratio by year

Maximum annual increase: 496.42% in 2016

Maximum annual decrease: -93.95% in 2015

Year PE ratio PE change Price EPS
2024 3.93 -23.09% $12.15 $3.09
2023 5.11 28.72% $14.09 $2.76
2022 3.97 N/A $14.41 $3.63
2021 N/A N/A $3.38 -$1.12
2020 N/A N/A $3.27 -$0.18
2019 N/A N/A $9.05 -$0.69
2018 N/A N/A $4.67 -$1.31
2017 N/A N/A $8 -$0.37
2016 61.67 496.42% $7.4 $0.12
2015 10.34 -93.95% $12.72 $1.23
2014 171 N/A $11.97 $0.07
2013 N/A N/A $15.56 -$0.31
2012 N/A N/A N/A -$0.56
2011 N/A N/A N/A -$0.37

Ardmore Shipping PE ratio by quarter (TTM)

Year PE ratio PE change Price EPS
Dec 2024 3.93 -21.87% $12.15 $3.09
Sep 2024 5.03 -20.91% $18.1 $3.6
Jun 2024 6.36 1.92% $22.53 $3.54
Mar 2024 6.24 22.11% $16.42 $2.63
Dec 2023 5.11 36.63% $14.09 $2.76
Sep 2023 3.74 38.01% $13.01 $3.48
Jun 2023 2.71 -12.3% $12.35 $4.56
Mar 2023 3.09 -22.17% $14.87 $4.81
Dec 2022 3.97 -16.6% $14.41 $3.63
Sep 2022 4.76 N/A $9.13 $1.92
Jun 2022 N/A N/A $6.97 -$0.02
Mar 2022 N/A N/A $4.5 -$1.08
Dec 2021 N/A N/A $3.38 -$1.12
Sep 2021 N/A N/A $4.15 -$1.46
Jun 2021 N/A N/A $4.22 -$1.29

ASC average PE ratio chart

What is the average PE ratio of ASC for the past years

Currently, ASC's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
4.49
5-year avg
5.1
10-year avg
10.03
15-year avg
N/A

ASC PE vs peers

What is ASC's PE ratio compared to its peers

When compared to its peer stocks DHT and TNK, ASC's PE ratio is lower.

Stock name PE ratio Market cap
ASC Ardmore Shipping Corp 3.16 $394.44M
TNK Teekay Tankers Ltd 3.28 $1.14B
TK Teekay Corp 4.48 $553.96M
DHT DHT Holdings Inc 9.43 $1.69B

Frequently asked questions

What is Ardmore Shipping's PE ratio?

ASC's price to earnings ratio is 3.16 as of Apr 1, 2025.

What is the 3-year average PE ratio for Ardmore Shipping (ASC)?

Over the last 3 years, the average PE ratio for ASC stock is 4.49.

What is the 5-year average PE ratio for Ardmore Shipping (ASC)?

Over the last 5 years, the average PE ratio for ASC stock is 5.1.

What is the highest PE ratio for ASC?

Over the last ten years, the Dec 2016 quarter recorded the highest quarterly PE ratio at 61.67.

How does the current PE ratio for ASC compare to its historical average?

The current PE ratio of ASC is 68% lower than the 10-year historical average.

Why is Ardmore Shipping's PE ratio so low?

ASC's stock price is trading at a lower multiple of earnings, which is why its PE ratio of 3.16 is considered low.

How is ASC's PE ratio calculated (Ardmore Shipping PE ratio formula)?

To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Apr 1, 2025), Ardmore Shipping's share price is $9.75. The company's earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $3.09. Therefore, Ardmore Shipping's price to earnings ratio for today is 3.16. PE RATIO(3.16) = STOCK PRICE($9.75) / TTM EPS($3.09)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.