DHT DHT Holdings PE ratio, current and historical analysis
As of Dec 20, 2024, the DHT Holdings stock's PE ratio is 8.95. This results from the current EPS of $1 and stock price of $8.95. The P/E ratio has a decrease of 18% from the past four quarters average of 11.0.
DHT PE ratio history
The PE ratio of DHT Holdings has averaged 18.06 over the last ten years. The current PE ratio of 8.95 is 50% below the historical average. Over the past ten years, DHT's PE ratio was at its highest in the Sep 2019 quarter at 102.5, when the stock price was $6.15 and the EPS was $0.06. The lowest value was in the Sep 2020 quarter, when it reached 2.28 with a price of $5.16 and an EPS of $2.26.
DHT Holdings PE ratio by year
Maximum annual increase: 478.21% in 2016
Maximum annual decrease: -82.37% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 9.91 | -58.71% |
| 2022 | 24 | N/A |
| 2021 | N/A | N/A |
| 2020 | 3.06 | -81.16% |
| 2019 | 16.24 | N/A |
| 2018 | N/A | N/A |
| 2017 | 71.8 | 73.43% |
| 2016 | 41.4 | 478.21% |
| 2015 | 7.16 | -82.37% |
| 2014 | 40.61 | N/A |
DHT average PE ratio chart
Currently, DHT's PE ratio is below the 3, 5 and 10-year averages.
DHT PE vs peers
Compared to its peer CCEC, DHT's PE ratio stands lower, however it is higher than TNK's and TK's. DHT Holdings is presently trading at a higher PE ratio (8.95) than its peer group average of 6.59.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 3.05 | $1.28B |
| ASC Ardmore Shipping Corp | 3.14 | $476.55M |
| TK Teekay Corp | 4.08 | $575.16M |
| DHT DHT Holdings Inc | 8.95 | $1.45B |
| CCEC Capital Clean Energy Carriers Corp. | 16.08 | $1.04B |
| KNOP KNOT Offshore Partners LP | N/A | $183.5M |
Frequently asked questions
What is DHT Holdings's PE ratio?
The price to earnings ratio for DHT stock as of Dec 20, 2024, stands at 8.95.
What is the 3-year average PE ratio for DHT Holdings (DHT)?
As an average over the last 3 years, DHT stock has a PE ratio of 12.62.
What is the 5-year average PE ratio for DHT Holdings (DHT)?
As an average over the last 5 years, DHT stock has a PE ratio of 10.37.
What is the highest PE ratio for DHT?
The highest quarterly PE ratio in the last ten years has been 102.5 and it was in the Sep 2019 quarter.
How does the current PE ratio for DHT compare to its historical average?
DHT's price to earnings ratio is currently 50% below its 10-year historical average.
Why is DHT Holdings'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 DHT's PE ratio calculated (DHT Holdings PE ratio formula)?
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Dec 20, 2024), DHT Holdings's stock price is $8.95. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1. Therefore, DHT Holdings's P/E ratio for today is 8.95. PE RATIO(8.95) = STOCK PRICE($8.95) / TTM EPS($1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.