HSHP
Himalaya Shipping
PE ratio, current and historical analysis
- Stocks
- Industrials
- NYSE: HSHP
- PE Ratio
The price-to-earnings ratio for Himalaya Shipping stock stands at 22.44 as of Jul 2, 2026. This is based on the current EPS of $0.63 and the stock price of $14.14 per share. A decrease of 44% has been recorded in the P/E ratio compared to the average of 40.3 of the last 4 quarters.
HSHP PE ratio history
Over the last three years, the average PE ratio of Himalaya Shipping has been 48.34. The current 22.44 PE ratio is 54% below the historical average. In the past three years, HSHP's PE ratio was at its highest in the Dec 2023 quarter at 169, with a price of $6.76 and an EPS of $0.04. The Dec 2024 quarter recorded the bottom point at 10.13, with a price of $4.86 and an EPS of $0.48.
Himalaya Shipping PE ratio by year
Maximum annual increase: 136.43% in 2025
Maximum annual decrease: -94.01% in 2024
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 23.95 | 136.43% | $9.1 | $0.38 |
| 2024 | 10.13 | -94.01% | $4.86 | $0.48 |
| 2023 | 169 | N/A | $6.76 | $0.04 |
| 2022 | N/A | N/A | N/A | -$0.06 |
Himalaya Shipping PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 21.11 | -11.86% | $13.3 | $0.63 |
| Dec 2025 | 23.95 | -67.99% | $9.1 | $0.38 |
| Sep 2025 | 74.82 | 81.56% | $8.23 | $0.11 |
| Jun 2025 | 41.21 | 110.58% | $5.77 | $0.14 |
| Mar 2025 | 19.57 | 93.19% | $5.48 | $0.28 |
| Dec 2024 | 10.13 | -32.15% | $4.86 | $0.48 |
| Sep 2024 | 14.93 | -52.74% | $8.66 | $0.58 |
| Jun 2024 | 31.59 | -59.03% | $9.16 | $0.29 |
| Mar 2024 | 77.1 | -54.38% | $7.71 | $0.1 |
| Dec 2023 | 169 | N/A | $6.76 | $0.04 |
| Sep 2023 | N/A | N/A | $4.83 | -$0.1 |
| Jun 2023 | N/A | N/A | $5.56 | -$0.06 |
| Mar 2023 | N/A | N/A | $5.8 | -$0.05 |
| Dec 2022 | N/A | N/A | N/A | -$0.06 |
| Sep 2022 | N/A | N/A | N/A | N/A |
HSHP Price vs fair value
HSHP average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
The current PE ratio of HSHP is lower than the 3-year average.
PE comparison
With a P/E of 22.44, HSHP stands above the industry average but below the Industrials sector average. Compared to its Industrials sector average of 29.79, Himalaya Shipping's P/E is 25% lower.
HSHP PE vs peers
HSHP's PE ratio is lower than its peer stock GNK, but it is greater than ASC's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASC Ardmore Shipping Corp | 11.17 | $605.59M |
| HSHP Himalaya Shipping Ltd | 22.44 | $661.05M |
| GNK Genco Shipping & Trading Ltd | 62.82 | $1.07B |
Frequently asked questions
What is Himalaya Shipping's PE ratio?
The price to earnings ratio for HSHP stock as of Jul 2, 2026, stands at 22.44.
What is the 3-year average PE ratio for Himalaya Shipping (HSHP)?
Over the last 3 years, the average price to earnings ratio for HSHP stock is 48.34.
What is the highest PE ratio for HSHP?
In the last three years, the Dec 2023 quarter recorded the highest quarterly PE ratio at 169.
How does the current PE ratio for HSHP compare to its historical average?
HSHP's current price to earnings ratio is 54% below its 3-year historical average.
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 (Jul 2, 2026), Himalaya Shipping's stock price is $14.14. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.63. Therefore, Himalaya Shipping's P/E ratio for today is 22.44. PE RATIO(22.44) = STOCK PRICE($14.14) / TTM EPS($0.63)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.