The PE ratio for Genco Shipping & Trading stock stands at 47.14 as of Oct 21, 2024. The calculation is based on the latest EPS of $0.35 and the stock price of $16.5 per share.
Over the last six years, the average PE ratio of Genco Shipping & Trading has been 37.73. The current 47.14 price-to-earnings ratio is 25% more 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.
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, 5 and 10-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 | 7.28 | $1.68B |
GNK Genco Shipping & Trading Ltd | 46.69 | $698.66M |
GNK stock has a price to earnings ratio of 47.14 as of Oct 21, 2024.
The 3-year average PE ratio for GNK stock is 40.18.
The 5-year average PE ratio for GNK stock is 39.58.
Over the last six years, the Mar 2024 quarter recorded the highest quarterly PE ratio at 254.13.
GNK's current price to earnings ratio is 25% above its 6-year historical average.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Oct 21, 2024), Genco Shipping & Trading's share price is $16.5. The company's earnings per share for the trailing twelve months (TTM) ending Jun 2024 is $0.35. Therefore, Genco Shipping & Trading's price to earnings ratio for today is 47.14. PE RATIO(47.14) = STOCK PRICE($16.5) / TTM EPS($0.35)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.