DHT DHT Holdings PE ratio, current and historical analysis
As of Feb 21, 2025, the DHT Holdings stock's PE ratio is 9.68. This results from the current EPS of $1.12 and stock price of $10.84. The P/E ratio has a decrease of 8% from the past four quarters average of 10.6.
DHT PE ratio history
The PE ratio of DHT Holdings has averaged 16.87 over the last ten years. The current PE ratio of 9.68 is 43% 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 |
|---|---|---|---|---|
| 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 |
| 2010 | 35.54 | 247.75% | $55.8 | $1.57 |
DHT Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 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 |
| Jun 2022 | N/A | N/A | $6.13 | -$0.19 |
| Mar 2022 | N/A | N/A | $5.8 | -$0.25 |
| Dec 2021 | N/A | N/A | $5.19 | -$0.07 |
| Sep 2021 | N/A | N/A | $6.53 | -$0.07 |
| Jun 2021 | 17.08 | 274.56% | $6.49 | $0.38 |
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 (9.68) than its peer group average of 6.54.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASC Ardmore Shipping Corp | 2.79 | $422.62M |
| TNK Teekay Tankers Ltd | 3.26 | $1.37B |
| TK Teekay Corp | 4.33 | $610.65M |
| DHT DHT Holdings Inc | 9.68 | $1.73B |
| CCEC Capital Clean Energy Carriers Corp. | 15.76 | $1.09B |
| 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 Feb 21, 2025, stands at 9.68.
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 12.13.
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 9.84.
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 43% 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 (Feb 21, 2025), DHT Holdings's stock price is $10.84. The earnings per share for the trailing twelve months (TTM) ending Dec 2024 is $1.12. Therefore, DHT Holdings's P/E ratio for today is 9.68. PE RATIO(9.68) = STOCK PRICE($10.84) / TTM EPS($1.12)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.