LPG Dorian Lpg PE ratio, current and historical analysis
As of Nov 21, 2024, the Dorian Lpg stock's PE ratio is 4.27. This results from the current EPS of $5.9 and stock price of $25.21. The P/E ratio has a decrease of 23% from the past four quarters average of 5.6.
LPG PE ratio history
The PE ratio of Dorian Lpg has averaged 8.8 over the last ten years. The current PE ratio of 4.27 is 51% 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.
Dorian Lpg PE ratio by year
Maximum annual increase: 68.5% in 2021
Maximum annual decrease: -85.84% in 2016
| Year | PE ratio | Change |
|---|---|---|
| 2024 | 5.04 | 8.86% |
| 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 |
LPG average PE ratio chart
The current PE ratio of LPG is below the 3, 5 and 10-year averages.
LPG PE vs peers
LPG's PE ratio is higher than its peer stocks STNG and TNK.
| Stock name | PE ratio | Market cap |
|---|---|---|
| ASC Ardmore Shipping Corp | 3.3 | $500.99M |
| TNK Teekay Tankers Ltd | 3.4 | $1.43B |
| STNG Scorpio Tankers Inc | 3.63 | $2.54B |
| LPG Dorian Lpg Ltd | 4.27 | $1.08B |
Frequently asked questions
What is Dorian Lpg's PE ratio?
LPG's price to earnings ratio is 4.27 as of Nov 21, 2024.
What is the 3-year average PE ratio for Dorian Lpg (LPG)?
As an average over the last 3 years, LPG stock has a PE ratio of 5.8.
What is the 5-year average PE ratio for Dorian Lpg (LPG)?
As an average over the last 5 years, LPG stock has a PE ratio of 6.22.
What is the highest PE ratio for LPG?
In the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 28.96.
How does the current PE ratio for LPG compare to its historical average?
LPG's price to earnings ratio is currently 51% below its 10-year historical average.
Why is Dorian Lpg's PE ratio so low?
LPG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
How is LPG's PE ratio calculated (Dorian Lpg PE ratio formula)?
You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Nov 21, 2024), Dorian Lpg's stock price is $25.21. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $5.9. Therefore, Dorian Lpg's P/E ratio for today is 4.27. PE RATIO(4.27) = STOCK PRICE($25.21) / TTM EPS($5.9)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.