DAC Danaos PE ratio, current and historical analysis
The PE ratio for Danaos stock stands at 3.04 as of Apr 1, 2025. This results from the current EPS of $26.15 and stock price of $79.54. An increase of 4.7% has been recorded in the P/E ratio compared to the average of 2.9 of the last 4 quarters.
DAC PE ratio history
Over the last ten years, the average PE ratio of Danaos has been 3.08. The current 3.04 PE ratio is comparable to the historical average. In the past ten years, DAC's PE ratio was at its highest in the Jun 2015 quarter at 17.92, with a price of $90.3 and an EPS of $5.04. The Mar 2020 quarter recorded the bottom point at 0.55, with a price of $4 and an EPS of $7.24.
Danaos PE ratio by year
Maximum annual increase: 196.4% in 2020
Maximum annual decrease: -56.23% in 2021
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 3.06 | 20% | $80.07 | $26.15 |
| 2023 | 2.55 | 32.12% | $74.06 | $28.99 |
| 2022 | 1.93 | 34.03% | $52.66 | $27.3 |
| 2021 | 1.44 | -56.23% | $74.65 | $51.75 |
| 2020 | 3.29 | 196.4% | $21.43 | $6.51 |
| 2019 | 1.11 | N/A | $9.18 | $8.29 |
| 2018 | N/A | N/A | $10.5 | -$3.1 |
| 2017 | 1.9 | N/A | $20.3 | $10.7 |
| 2016 | N/A | N/A | $37.1 | -$46.76 |
| 2015 | 5.6 | N/A | $83.86 | $14.98 |
| 2014 | N/A | N/A | $76.58 | -$0.56 |
| 2013 | 14.41 | N/A | $68.6 | $4.76 |
| 2012 | N/A | N/A | $38.5 | -$13.44 |
| 2011 | 27.92 | N/A | $46.9 | $1.68 |
| 2010 | N/A | N/A | $52.36 | -$19.04 |
Danaos PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Dec 2024 | 3.06 | 2.68% | $80.07 | $26.15 |
| Sep 2024 | 2.98 | -4.79% | $86.74 | $29.12 |
| Jun 2024 | 3.13 | 28.28% | $92.36 | $29.52 |
| Mar 2024 | 2.44 | -4.31% | $72.2 | $29.54 |
| Dec 2023 | 2.55 | 10.87% | $74.06 | $28.99 |
| Sep 2023 | 2.3 | -12.88% | $66.22 | $28.79 |
| Jun 2023 | 2.64 | -11.11% | $66.79 | $25.32 |
| Mar 2023 | 2.97 | 53.89% | $54.62 | $18.4 |
| Dec 2022 | 1.93 | -3.5% | $52.66 | $27.3 |
| Sep 2022 | 2 | 11.73% | $55.68 | $27.85 |
| Jun 2022 | 1.79 | -7.25% | $63.1 | $35.23 |
| Mar 2022 | 1.93 | 34.03% | $102.58 | $53.15 |
| Dec 2021 | 1.44 | -19.55% | $74.65 | $51.75 |
| Sep 2021 | 1.79 | -14.35% | $81.9 | $45.63 |
| Jun 2021 | 2.09 | -16.06% | $76.79 | $36.7 |
DAC average PE ratio chart
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.
DAC PE vs peers
Compared to its peers CMRE and DSX, DAC's PE ratio stands lower, however it is higher than NMM's and ESEA's. Danaos's PE ratio is trading below the peer group average of 8.91.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ESEA Euroseas Ltd | 1.96 | $221.14M |
| NMM Navios Maritime Partners L.P. | 2.8 | $1.17B |
| DAC Danaos Corporation | 3.04 | $1.51B |
| CMRE Costamare Inc | 4.21 | $1.23B |
| DSX Diana Shipping Inc | 26.67 | $190.54M |
Frequently asked questions
What is Danaos's PE ratio?
DAC's price to earnings ratio is 3.04 as of Apr 1, 2025.
What is the 3-year average PE ratio for Danaos (DAC)?
Over the last 3 years, the average price to earnings ratio for DAC stock is 2.53.
What is the 5-year average PE ratio for Danaos (DAC)?
Over the last 5 years, the average price to earnings ratio for DAC stock is 2.24.
What is the highest PE ratio for DAC?
In the last ten years, the Jun 2015 quarter recorded the highest quarterly PE ratio at 17.92.
How does the current PE ratio for DAC compare to its historical average?
DAC's price to earnings ratio is currently 1.3% below its 10-year historical average.
Why is Danaos's PE ratio so low?
DAC's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is DAC's PE ratio calculated (Danaos PE ratio formula)?
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 (Apr 1, 2025), Danaos's stock price is $79.54. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $26.15. Therefore, Danaos's P/E ratio for today is 3.04. PE RATIO(3.04) = STOCK PRICE($79.54) / TTM EPS($26.15)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.