HSHP Himalaya Shipping PE ratio, current and historical analysis
The price-to-earnings ratio for Himalaya Shipping stock stands at 8.4 as of Dec 24, 2024. This is based on the current EPS of $0.58 and the stock price of $4.87 per share. A decrease of 89% has been recorded in the P/E ratio compared to the average of 73.2 of the last 4 quarters.
HSHP PE ratio history
Himalaya Shipping PE ratio by year
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 169 | N/A |
| 2022 | N/A | N/A |
HSHP average PE ratio chart
HSHP PE vs peers
HSHP's PE ratio is lower than its peer stock GNK, but it is greater than GOGL's and ASC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASC Ardmore Shipping Corp | 3.37 | $510.68M |
| GOGL Golden Ocean Group Limited | 7.45 | $1.8B |
| HSHP Himalaya Shipping Ltd | 8.4 | $213.79M |
| GNK Genco Shipping & Trading Ltd | 8.79 | $601.18M |
Frequently asked questions
What is Himalaya Shipping's PE ratio?
The price to earnings ratio for HSHP stock as of Dec 24, 2024, stands at 8.4.
Why is Himalaya Shipping's PE ratio so low?
A company with a lower PE ratio may indicate that the market has lower growth expectations for the company's future earnings.
How is HSHP's PE ratio calculated (Himalaya Shipping PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (Dec 24, 2024), Himalaya Shipping's stock price is $4.87. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.58. Therefore, Himalaya Shipping's P/E ratio for today is 8.4. PE RATIO(8.4) = STOCK PRICE($4.87) / TTM EPS($0.58)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.