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DAC Danaos PE ratio, current and historical analysis

The PE ratio for Danaos stock stands at 3.06 as of Jun 14, 2024. This results from the current EPS of $29.54 and stock price of $90.26. An increase of 23% has been recorded in the P/E ratio compared to the average of 2.5 of the last 4 quarters.

DAC PE ratio history

How has DAC's PE ratio performed in the past

Over the last ten years, the average PE ratio of Danaos has been 5.23. The current 3.06 PE ratio is 41% 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.

Average
5.23
Median
2.3
Minimum
0.55
Maximum
40.69

Danaos PE ratio by year

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

DAC average PE ratio chart

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

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.

3-year avg
2.16
5-year avg
1.95
10-year avg
5.23
15-year avg
8.64

DAC PE vs peers

What is DAC's PE ratio compared to its peers

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 5.82.

Stock name PE ratio Market cap
ESEA Euroseas Ltd 2.31 $248.35M
DAC Danaos Corporation 3.06 $1.75B
NMM Navios Maritime Partners L.P. 3.29 $1.42B
CMRE Costamare Inc 5.81 $1.84B
DSX Diana Shipping Inc 11.88 $314.44M

Frequently asked questions

What is Danaos's PE ratio?

DAC's price to earnings ratio is 3.06 as of Jun 14, 2024.

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 2.16.

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 1.95.

What is the highest PE ratio for DAC?

In the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 40.69.

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

DAC's price to earnings ratio is currently 41% 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 (Jun 14, 2024), Danaos's stock price is $90.26. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $29.54. Therefore, Danaos's P/E ratio for today is 3.06. PE RATIO(3.06) = STOCK PRICE($90.26) / TTM EPS($29.54)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.