GSL Global Ship Lease PE ratio, current and historical analysis
As of Nov 21, 2024, the Global Ship Lease stock's P/E ratio is 2.54. This takes into account the latest EPS of N/A and stock price of $22.85. The PE ratio has decreased by 5% from its last 4 quarters average of 2.7.
GSL PE ratio history
The PE ratio of Global Ship Lease has averaged 11.35 over the last ten years. The current price-to-earnings ratio of 2.54 is 78% less than the historical average. Analyzing the last ten years, GSL's PE ratio reached its highest point in the Mar 2015 quarter at 90.33, when the price was $43.36 and the EPS was $0.48. The lowest point was recorded in the Sep 2022 quarter, when it reached 2.08 with a price of $15.78 and an EPS of $7.6.
Global Ship Lease PE ratio by year
Maximum annual increase: 409.05% in 2014
Maximum annual decrease: -56.39% in 2022
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 2.36 | 9.77% |
| 2022 | 2.15 | -56.39% |
| 2021 | 4.93 | -49.02% |
| 2020 | 9.67 | 61.98% |
| 2019 | 5.97 | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | N/A | N/A |
| 2014 | 45 | 409.05% |
GSL average PE ratio chart
Currently, GSL's PE ratio is under its 3, 5 and 10-year averages.
GSL PE vs peers
GSL's PE ratio is below its peer stocks AER and CMRE. Global Ship Lease's current PE ratio of 2.54 is less than the average of its peers, which is 7.25.
| Stock name | PE ratio | Market cap |
|---|---|---|
| GSL Global Ship Lease Inc | 2.48 | $792.09M |
| DAC Danaos Corporation | 2.95 | $1.66B |
| CMRE Costamare Inc | 4.75 | $1.87B |
| AER Aercap Holdings N.V. | 7.79 | $18.69B |
| WLFC Willis Lease Finance Corp | 14.17 | $1.36B |
Frequently asked questions
What is Global Ship Lease's PE ratio?
GSL stock has a price to earnings ratio of 2.54 as of Nov 21, 2024.
What is the 3-year average PE ratio for Global Ship Lease (GSL)?
As an average over the last 3 years, GSL stock has a PE ratio of 2.8.
What is the 5-year average PE ratio for Global Ship Lease (GSL)?
As an average over the last 5 years, GSL stock has a PE ratio of 4.58.
What is the highest PE ratio for GSL?
Over the last ten years, the quarterly PE ratio reached its highest level at 90.33 in the Mar 2015 quarter.
How does the current PE ratio for GSL compare to its historical average?
GSL's price to earnings ratio is currently 78% below its 10-year historical average.
Why is Global Ship Lease's PE ratio so low?
GSL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
How is GSL's PE ratio calculated (Global Ship Lease PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months earnings per share(EPS). As of today (Nov 21, 2024), Global Ship Lease's share price is $22.85. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is N/A. Therefore, Global Ship Lease's price to earnings ratio for today is 2.54. PE RATIO(2.54) = STOCK PRICE($22.85) / TTM EPS(N/A)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.