As of Jul 25, 2024, the Global Ship Lease stock's P/E ratio is 2.84. This takes into account the latest EPS of N/A and stock price of $25.13. The PE ratio has increased by 25% from its last 4 quarters average of 2.3.
The PE ratio of Global Ship Lease has averaged 12.24 over the last ten years. The current price-to-earnings ratio of 2.84 is 77% 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.
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% |
Currently, GSL's PE ratio is under its 3, 5 and 10-year averages.
GSL's PE ratio is below its peer stocks AER and CMRE. Global Ship Lease's current PE ratio of 2.84 is less than the average of its peers, which is 6.03.
| Stock name | PE ratio | Market cap |
|---|---|---|
| DAC Danaos Corporation | 2.84 | $1.62B |
| GSL Global Ship Lease Inc | 2.87 | $895.89M |
| CMRE Costamare Inc | 5.47 | $1.73B |
| AER Aercap Holdings N.V. | 6.09 | $18.56B |
| WLFC Willis Lease Finance Corp | 9.73 | $568.59M |
GSL stock has a price to earnings ratio of 2.84 as of Jul 25, 2024.
As an average over the last 3 years, GSL stock has a PE ratio of 3.18.
As an average over the last 5 years, GSL stock has a PE ratio of 4.75.
Over the last ten years, the quarterly PE ratio reached its highest level at 90.33 in the Mar 2015 quarter.
GSL's price to earnings ratio is currently 77% below its 10-year historical average.
GSL's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
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 (Jul 25, 2024), Global Ship Lease's share price is $25.13. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is N/A. Therefore, Global Ship Lease's price to earnings ratio for today is 2.84. PE RATIO(2.84) = STOCK PRICE($25.13) / TTM EPS(N/A)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.