CMBT Euronav PE ratio, current and historical analysis
As of Nov 21, 2024, the CMBT stock has a PE ratio of 1.99. The calculation is based on the latest EPS of $5.96 and the stock price of $11.84 per share. A decrease of 36% has been observed in the PE ratio compared to its average of 3.1 of the past four quarters.
CMBT PE ratio history
The mean historical PE ratio of Euronav over the last ten years is 47.3. The current 1.99 price-to-earnings ratio is 96% less than the historical average. Analyzing the last ten years, CMBT's PE ratio reached its highest point in the Dec 2017 quarter at 925, with a price of $9.25 and an EPS of $0.01. The Sep 2020 quarter saw the lowest point at 2.75, with a price of $8.83 and an EPS of $3.21.
Euronav PE ratio by year
Maximum annual increase: 14,916.23% in 2017
Maximum annual decrease: -85.24% in 2020
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.14 | -75.46% |
| 2022 | 16.87 | N/A |
| 2021 | N/A | N/A |
| 2020 | 3.56 | -85.24% |
| 2019 | 24.12 | N/A |
| 2018 | N/A | N/A |
| 2017 | 925 | 14,916.23% |
| 2016 | 6.16 | 1.15% |
| 2015 | 6.09 | N/A |
| 2014 | N/A | N/A |
CMBT average PE ratio chart
The current PE ratio of CMBT is under its 3 and 5-year averages.
CMBT PE vs peers
CMBT's PE ratio is below its peer stocks STNG and DHT.
| Stock name | PE ratio | Market cap |
|---|---|---|
| CMBT Euronav NV | 1.99 | $2.33B |
| STNG Scorpio Tankers Inc | 3.63 | $2.54B |
| LPG Dorian Lpg Ltd | 4.27 | $1.08B |
| DHT DHT Holdings Inc | 10.37 | $1.67B |
Frequently asked questions
What is Euronav's PE ratio?
The price to earnings ratio for CMBT stock as of Nov 21, 2024, stands at 1.99.
What is the 3-year average PE ratio for Euronav (CMBT)?
The 3-year average PE ratio for CMBT stock is 5.93.
What is the 5-year average PE ratio for Euronav (CMBT)?
The 5-year average PE ratio for CMBT stock is 7.08.
What is the highest PE ratio for CMBT?
Over the last ten years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 925.
How does the current PE ratio for CMBT compare to its historical average?
CMBT's current price to earnings ratio is 96% below its 10-year historical average.
Why is Euronav's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is CMBT's PE ratio calculated (Euronav PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Euronav's share price is $11.84. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.96. Therefore, Euronav's price to earnings ratio for today is 1.99. PE RATIO(1.99) = STOCK PRICE($11.84) / TTM EPS($5.96)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.