As of Jul 25, 2024, the DHT Holdings stock's PE ratio is 10.79. This results from the current EPS of $1.05 and stock price of $11.33. The P/E ratio has an increase of 12% from the past four quarters average of 9.6.
The PE ratio of DHT Holdings has averaged 18.31 over the last ten years. The current PE ratio of 10.79 is 41% 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.
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 |
Currently, DHT's PE ratio is below the 3, 5 and 10-year averages.
Compared to its peer stocks TNK and CPLP, DHT's PE ratio stands higher. DHT Holdings is presently trading at a higher PE ratio (10.79) than its peer group average of 6.16.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 4.38 | $2.14B |
| TK Teekay Corp | 5.04 | $769.91M |
| CPLP Capital Product Partners L P | 7.22 | $901.82M |
| ASC Ardmore Shipping Corp | 7.81 | $849.36M |
| DHT DHT Holdings Inc | 10.99 | $1.86B |
| KNOP KNOT Offshore Partners LP | N/A | $246.83M |
The price to earnings ratio for DHT stock as of Jul 25, 2024, stands at 10.79.
As an average over the last 3 years, DHT stock has a PE ratio of 12.99.
As an average over the last 5 years, DHT stock has a PE ratio of 16.8.
The highest quarterly PE ratio in the last ten years has been 102.5 and it was in the Sep 2019 quarter.
DHT's price to earnings ratio is currently 41% below its 10-year historical average.
To determine the PE ratio, divide the most recent stock price by the TTM earnings per share (EPS). As of today (Jul 25, 2024), DHT Holdings's stock price is $11.33. 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 10.79. PE RATIO(10.79) = STOCK PRICE($11.33) / TTM EPS($1.05)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.