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DHT DHT Holdings PE ratio, current and historical analysis

As of Jun 20, 2024, the DHT Holdings stock's PE ratio is 11.09. This results from the current EPS of $1.05 and stock price of $11.64. The P/E ratio has an increase of 15% from the past four quarters average of 9.6.

DHT PE ratio history

How has DHT's PE ratio performed in the past

The PE ratio of DHT Holdings has averaged 18.34 over the last ten years. The current PE ratio of 11.09 is 40% 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.

Average
18.34
Median
10.95
Minimum
2.28
Maximum
102.5

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

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

Currently, DHT's PE ratio is below the 3, 5 and 10-year averages.

3-year avg
13.58
5-year avg
16.8
10-year avg
18.34
15-year avg
17.89

DHT PE vs peers

What is DHT's PE ratio compared to its peers

Compared to its peer stocks TNK and CPLP, DHT's PE ratio stands higher. DHT Holdings is presently trading at a higher PE ratio (11.09) than its peer group average of 6.46.

Stock name PE ratio Market cap
TNK Teekay Tankers Ltd 4.76 $2.33B
TK Teekay Corp 5.23 $799.03M
CPLP Capital Product Partners L P 7.61 $950.53M
ASC Ardmore Shipping Corp 8.25 $898.18M
DHT DHT Holdings Inc 11.09 $1.88B
KNOP KNOT Offshore Partners LP N/A $274.74M

Frequently asked questions

What is DHT Holdings's PE ratio?

The price to earnings ratio for DHT stock as of Jun 20, 2024, stands at 11.09.

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 13.58.

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 16.8.

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 40% below its 10-year historical average.

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 (Jun 20, 2024), DHT Holdings's stock price is $11.64. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.05. Therefore, DHT Holdings's P/E ratio for today is 11.09. PE RATIO(11.09) = STOCK PRICE($11.64) / TTM EPS($1.05)

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