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GSL Global Ship Lease PE ratio, current and historical analysis

As of Jun 20, 2024, the Global Ship Lease stock's P/E ratio is 3.3. This takes into account the latest EPS of N/A and stock price of $29.2. The PE ratio has increased by 46% from its last 4 quarters average of 2.3.

GSL PE ratio history

How has GSL's PE ratio performed in the past

The PE ratio of Global Ship Lease has averaged 12.3 over the last ten years. The current price-to-earnings ratio of 3.3 is 73% 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.

Average
12.3
Median
4.93
Minimum
2.08
Maximum
90.33

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

What is the average PE ratio of GSL for the past years

Currently, GSL's PE ratio is under its 3, 5 and 10-year averages.

3-year avg
3.82
5-year avg
4.75
10-year avg
12.3
15-year avg
13.55

GSL PE vs peers

What is GSL's PE ratio compared to its peers

GSL's PE ratio is less than its peer stocks AER and CMRE, but it is above DAC's. Global Ship Lease's current PE ratio of 3.3 is less than the average of its peers, which is 5.57.

Stock name PE ratio Market cap
DAC Danaos Corporation 3.12 $1.79B
GSL Global Ship Lease Inc 3.3 $1.03B
AER Aercap Holdings N.V. 6.07 $18.51B
CMRE Costamare Inc 6.53 $2.06B
WLFC Willis Lease Finance Corp 6.81 $397.97M

Frequently asked questions

What is Global Ship Lease's PE ratio?

GSL stock has a price to earnings ratio of 3.3 as of Jun 20, 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 3.82.

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 4.75.

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 73% 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 (Jun 20, 2024), Global Ship Lease's share price is $29.2. 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 3.3. PE RATIO(3.3) = STOCK PRICE($29.2) / TTM EPS(N/A)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.