The PE ratio for Genco Shipping & Trading stock stands at 245.88 as of Jul 25, 2024. The calculation is based on the latest EPS of $0.08 and the stock price of $19.67 per share.
Over the last six years, the average PE ratio of Genco Shipping & Trading has been 35.62. The current 245.88 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, 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 | 10.4 | $1.92B |
| GNK Genco Shipping & Trading Ltd | 244.5 | $836.22M |
GNK stock has a price to earnings ratio of 245.88 as of Jul 25, 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.
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 590% above its 6-year historical average.
GNK's PE ratio of 245.88 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 (Jul 25, 2024), Genco Shipping & Trading's share price is $19.67. 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 245.88. PE RATIO(245.88) = STOCK PRICE($19.67) / TTM EPS($0.08)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.