The PE ratio for Danaos stock stands at 2.62 as of Dec 20, 2024. This results from the current EPS of $29.12 and stock price of $76.4. A decrease of 6% has been recorded in the P/E ratio compared to the average of 2.8 of the last 4 quarters.
Over the last ten years, the average PE ratio of Danaos has been 4.3. The current 2.62 PE ratio is 39% below the historical average. In the past ten years, DAC's PE ratio was at its highest in the Mar 2015 quarter at 40.69, with a price of $91.14 and an EPS of $2.24. The Mar 2020 quarter recorded the bottom point at 0.55, with a price of $4 and an EPS of $7.24.
Maximum annual increase: 196.4% in 2020
Maximum annual decrease: -56.23% in 2021
Year | PE ratio | Change |
---|---|---|
2023 | 2.55 | 32.12% |
2022 | 1.93 | 34.03% |
2021 | 1.44 | -56.23% |
2020 | 3.29 | 196.4% |
2019 | 1.11 | N/A |
2018 | N/A | N/A |
2017 | 1.9 | N/A |
2016 | N/A | N/A |
2015 | 5.6 | N/A |
2014 | N/A | N/A |
The current PE ratio of DAC is greater than its 3 and 5-year historical averages, but it is lower than the 10-year average.
Compared to its peers CMRE and NMM, DAC's PE ratio stands lower, however it is higher than ESEA's. Danaos's PE ratio is trading below the peer group average of 9.36.
Stock name | PE ratio | Market cap |
---|---|---|
ESEA Euroseas Ltd | 2.1 | $240M |
DAC Danaos Corporation | 2.62 | $1.48B |
CMRE Costamare Inc | 4.12 | $1.62B |
NMM Navios Maritime Partners L.P. | 4.79 | $1.27B |
DSX Diana Shipping Inc | 26.43 | $220.21M |
DAC's price to earnings ratio is 2.62 as of Dec 20, 2024.
Over the last 3 years, the average price to earnings ratio for DAC stock is 2.34.
Over the last 5 years, the average price to earnings ratio for DAC stock is 2.06.
In the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 40.69.
DAC's price to earnings ratio is currently 39% below its 10-year historical average.
DAC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
The PE 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), Danaos's stock price is $76.4. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $29.12. Therefore, Danaos's P/E ratio for today is 2.62. PE RATIO(2.62) = STOCK PRICE($76.4) / TTM EPS($29.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.