As of Jun 12, 2026, the DHT Holdings stock's PE ratio is 8.53. This results from the current EPS of $2.06 and stock price of $17.57. The P/E ratio has a decrease of 8% from the past four quarters average of 9.2.
DHT PE ratio history
The PE ratio of DHT Holdings has averaged 16.97 over the last ten years. The current PE ratio of 8.53 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 | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 9.32 | 12.42% | $12.21 | $1.31 |
| 2024 | 8.29 | -16.35% | $9.29 | $1.12 |
| 2023 | 9.91 | -58.71% | $9.81 | $0.99 |
| 2022 | 24 | N/A | $8.88 | $0.37 |
| 2021 | N/A | N/A | $5.19 | -$0.07 |
| 2020 | 3.06 | -81.16% | $5.23 | $1.71 |
| 2019 | 16.24 | N/A | $8.28 | $0.51 |
| 2018 | N/A | N/A | $3.92 | -$0.33 |
| 2017 | 71.8 | 73.43% | $3.59 | $0.05 |
| 2016 | 41.4 | 478.21% | $4.14 | $0.1 |
| 2015 | 7.16 | -82.37% | $8.09 | $1.13 |
| 2014 | 40.61 | N/A | $7.31 | $0.18 |
| 2013 | N/A | N/A | $6.84 | -$0.24 |
| 2012 | N/A | N/A | $4.08 | -$7.83 |
| 2011 | N/A | N/A | $8.88 | -$7.7 |
DHT Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 8.87 | -4.83% | $18.27 | $2.06 |
| Dec 2025 | 9.32 | -3.32% | $12.21 | $1.31 |
| Sep 2025 | 9.64 | 5.24% | $11.95 | $1.24 |
| Jun 2025 | 9.16 | -4.08% | $10.81 | $1.18 |
| Mar 2025 | 9.55 | 15.2% | $10.5 | $1.1 |
| Dec 2024 | 8.29 | -24.84% | $9.29 | $1.12 |
| Sep 2024 | 11.03 | -7.54% | $11.03 | $1 |
| Jun 2024 | 11.93 | 8.95% | $11.57 | $0.97 |
| Mar 2024 | 10.95 | 10.49% | $11.5 | $1.05 |
| Dec 2023 | 9.91 | 9.62% | $9.81 | $0.99 |
| Sep 2023 | 9.04 | 4.87% | $10.3 | $1.14 |
| Jun 2023 | 8.62 | -44.17% | $8.53 | $0.99 |
| Mar 2023 | 15.44 | -35.67% | $10.81 | $0.7 |
| Dec 2022 | 24 | N/A | $8.88 | $0.37 |
| Sep 2022 | N/A | N/A | $7.56 | -$0.02 |
DHT Price vs fair value
DHT average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
Currently, DHT's PE ratio is below the 3, 5 and 10-year averages.
PE comparison
DHT Holdings's P/E of 8.53 is below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 17.9, DHT Holdings's P/E is 52% lower.
DHT PE vs peers
Compared to its peers CCEC and TK, DHT's PE ratio stands lower, however it is higher than TNK's. DHT Holdings is presently trading at a lower PE ratio (8.53) than its peer group average of 10.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 6.1 | $2.61B |
| DHT DHT Holdings Inc | 8.53 | $2.83B |
| TK Teekay Corp | 10.82 | $1.06B |
| CCEC Capital Clean Energy Carriers Corp. | 11.18 | $1.28B |
| ASC Ardmore Shipping Corp | 12.84 | $696.06M |
| KNOP KNOT Offshore Partners LP | N/A | $363.53M |
Frequently asked questions
What is DHT Holdings's PE ratio?
The price to earnings ratio for DHT stock as of Jun 12, 2026, stands at 8.53.
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 9.69.
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 11.52.
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 (Jun 12, 2026), DHT Holdings's stock price is $17.57. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $2.06. Therefore, DHT Holdings's P/E ratio for today is 8.53. PE RATIO(8.53) = STOCK PRICE($17.57) / TTM EPS($2.06)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.