As of May 6, 2024, the Dorian Lpg stock's PE ratio is 5.55. This results from the current EPS of $7.57 and stock price of $42. The P/E ratio has an increase of 11% from the past four quarters average of 5.0.
The PE ratio of Dorian Lpg has averaged 9.18 over the last ten years. The current PE ratio of 5.55 is 40% below the historical average. Over the past ten years, LPG's PE ratio was at its highest in the Mar 2015 quarter at 28.96, when the stock price was $13.03 and the EPS was $0.45. The lowest value was in the Jun 2016 quarter, when it reached 3.46 with a price of $7.05 and an EPS of $2.04.
Maximum annual increase: 68.5% in 2021
Maximum annual decrease: -85.84% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 4.63 | -42.77% |
| 2022 | 8.09 | 14.59% |
| 2021 | 7.06 | 68.5% |
| 2020 | 4.19 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | 4.1 | -85.84% |
| 2015 | 28.96 | N/A |
| 2014 | N/A | N/A |
The current PE ratio of LPG is below the 3 and 5-year averages.
LPG's PE ratio is lower than its peer stocks STNG and ASC, but it is greater than TNK's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 4.01 | $2.05B |
| LPG Dorian Lpg Ltd | 5.55 | $1.7B |
| ASC Ardmore Shipping Corp | 6.39 | $729.03M |
| STNG Scorpio Tankers Inc | 6.9 | $3.82B |
LPG's price to earnings ratio is 5.55 as of May 6, 2024.
As an average over the last 3 years, LPG stock has a PE ratio of 6.11.
As an average over the last 5 years, LPG stock has a PE ratio of 7.25.
In the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 28.96.
LPG's price to earnings ratio is currently 40% below its 10-year historical average.
LPG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (May 6, 2024), Dorian Lpg's stock price is $42. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $7.57. Therefore, Dorian Lpg's P/E ratio for today is 5.55. PE RATIO(5.55) = STOCK PRICE($42) / TTM EPS($7.57)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.