As of Nov 21, 2024, the INSW stock has a PE ratio of 3.96. The calculation is based on the latest EPS of $10.43 and the stock price of $41.35 per share. A decrease of 19% has been observed in the PE ratio compared to its average of 4.9 of the last four quarters.
The mean historical PE ratio of International Seaways over the last five years is 7.29. The current 3.96 P/E ratio is 46% lower than the historical average. Looking back at the last five years, INSW's PE ratio peaked in the Mar 2020 quarter at 33.18, with a price of $23.89 and an EPS of $0.72. The Jun 2023 quarter marked the lowest point at 2.86, with a price of $38.24 and an EPS of $13.37.
Maximum annual decrease: -15.04% in 2023
Year | PE ratio | Change |
---|---|---|
2023 | 4.01 | -15.04% |
2022 | 4.72 | N/A |
2021 | N/A | N/A |
2020 | N/A | N/A |
2019 | N/A | N/A |
2018 | N/A | N/A |
2017 | N/A | N/A |
2016 | N/A | N/A |
2015 | N/A | N/A |
2014 | N/A | N/A |
The current PE ratio of INSW is lower than its 3 and 5-year averages.
INSW's PE ratio stands lower than its peer stock SBLK.
Stock name | PE ratio | Market cap |
---|---|---|
INSW International Seaways Inc | 3.96 | $2.03B |
SBLK Star Bulk Carriers Corp | 6.26 | $2.11B |
INSW stock has a price to earnings ratio of 3.96 as of Nov 21, 2024.
As an average over the last 3 years, INSW stock has a PE ratio of 5.16.
As an average over the last 5 years, INSW stock has a PE ratio of 7.29.
Over the last five years, the Mar 2020 quarter recorded the highest quarterly PE ratio at 33.18.
INSW's current price to earnings ratio is 46% below its 5-year historical average.
INSW's PE ratio is low because the stock price is relatively cheap compared to the earnings generated by the company.
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Nov 21, 2024), International Seaways's share price is $41.35. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $10.43. Therefore, International Seaways's PE ratio for today is 3.96. PE RATIO(3.96) = STOCK PRICE($41.35) / TTM EPS($10.43)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.