The PE ratio for Genco Shipping & Trading stock stands at 289.75 as of May 17, 2024. The calculation is based on the latest EPS of $0.08 and the stock price of $23.18 per share.
Over the last six years, the average PE ratio of Genco Shipping & Trading has been 35.62. The current 289.75 price-to-earnings ratio is in line with 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.
Maximum annual increase: 11.08% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | N/A | N/A |
| 2022 | 4.11 | 11.08% |
| 2021 | 3.7 | N/A |
| 2020 | N/A | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
The current PE ratio of GNK is above its 3 and 5-year averages.
When compared to its peer stock SBLK, GNK's PE ratio is higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| SBLK Star Bulk Carriers Corp | 14.8 | $2.19B |
| GNK Genco Shipping & Trading Ltd | 289.75 | $990.99M |
GNK stock has a price to earnings ratio of 289.75 as of May 17, 2024.
The 3-year average PE ratio for GNK stock is 37.45.
The 5-year average PE ratio for GNK stock is 37.45.
Within the last six years, the current price to earnings ratio is at its peak with a value of 289.75.
GNK's current price to earnings ratio is 713% above its 6-year historical average.
GNK's PE ratio of 289.75 is considered high because the company's stock price is trading at a higher multiple of earnings.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (May 17, 2024), Genco Shipping & Trading's share price is $23.18. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $0.08. Therefore, Genco Shipping & Trading's price to earnings ratio for today is 289.75. PE RATIO(289.75) = STOCK PRICE($23.18) / TTM EPS($0.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.