GNK Genco Shipping & Trading PE ratio, current and historical analysis
The PE ratio for Genco Shipping & Trading stock stands at 9.19 as of Feb 4, 2025. The calculation is based on the latest EPS of $1.6 and the stock price of $14.7 per share.
GNK PE ratio history
Over the last six years, the average PE ratio of Genco Shipping & Trading has been 35.76. The current 9.19 price-to-earnings ratio is 74% less than the historical average. Analyzing the last six years, GNK's PE ratio reached its highest point in the Mar 2024 quarter at 254.13, with a price of $20.33 and an EPS of $0.08. The Sep 2022 quarter saw the lowest point at 2.4, with a price of $12.53 and an EPS of $5.23.
Genco Shipping & Trading PE ratio by year
Maximum annual increase: 11.08% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | N/A | N/A | $16.59 | -$0.3 |
| 2022 | 4.11 | 11.08% | $15.36 | $3.74 |
| 2021 | 3.7 | N/A | $16 | $4.33 |
| 2020 | N/A | N/A | $7.36 | -$5.38 |
| 2019 | N/A | N/A | $10.62 | -$1.34 |
| 2018 | N/A | N/A | $7.89 | -$0.86 |
| 2017 | N/A | N/A | $13.32 | -$1.71 |
| 2016 | N/A | N/A | $7.38 | -$30.03 |
| 2015 | N/A | N/A | $14.9 | -$29.61 |
Genco Shipping & Trading PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 12.19 | -79.98% | $19.5 | $1.6 |
| Jun 2024 | 60.89 | -76.04% | $21.31 | $0.35 |
| Mar 2024 | 254.13 | N/A | $20.33 | $0.08 |
| Dec 2023 | N/A | N/A | $16.59 | -$0.3 |
| Sep 2023 | 55.96 | 681.56% | $13.99 | $0.25 |
| Jun 2023 | 7.16 | 28.55% | $14.03 | $1.96 |
| Mar 2023 | 5.57 | 35.52% | $15.66 | $2.81 |
| Dec 2022 | 4.11 | 71.25% | $15.36 | $3.74 |
| Sep 2022 | 2.4 | -30.03% | $12.53 | $5.23 |
| Jun 2022 | 3.43 | -23.44% | $19.32 | $5.63 |
| Mar 2022 | 4.48 | 21.08% | $23.62 | $5.27 |
| Dec 2021 | 3.7 | -88.97% | $16 | $4.33 |
| Sep 2021 | 33.55 | N/A | $20.13 | $0.6 |
| Jun 2021 | N/A | N/A | $18.88 | -$1.26 |
| Mar 2021 | N/A | N/A | $10.08 | -$2.45 |
GNK average PE ratio chart
The current PE ratio of GNK is under its 3, 5 and 10-year averages.
GNK PE vs peers
When compared to its peer stock SBLK, GNK's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SBLK Star Bulk Carriers Corp | 5.25 | $1.77B |
| GNK Genco Shipping & Trading Ltd | 9.19 | $628.54M |
Frequently asked questions
What is Genco Shipping & Trading's PE ratio?
GNK stock has a price to earnings ratio of 9.19 as of Feb 4, 2025.
What is the 3-year average PE ratio for Genco Shipping & Trading (GNK)?
The 3-year average PE ratio for GNK stock is 41.03.
What is the 5-year average PE ratio for Genco Shipping & Trading (GNK)?
The 5-year average PE ratio for GNK stock is 37.3.
What is the highest PE ratio for GNK?
Over the last six years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 254.13.
How does the current PE ratio for GNK compare to its historical average?
GNK's current price to earnings ratio is 74% below its 6-year historical average.
Why is Genco Shipping & Trading's PE ratio so low?
GNK's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is GNK's PE ratio calculated (Genco Shipping & Trading PE ratio formula)?
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Feb 4, 2025), Genco Shipping & Trading's share price is $14.7. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $1.6. Therefore, Genco Shipping & Trading's price to earnings ratio for today is 9.19. PE RATIO(9.19) = STOCK PRICE($14.7) / TTM EPS($1.6)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.