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LPG Dorian Lpg PE ratio, current and historical analysis

As of May 20, 2024, the Dorian Lpg stock's PE ratio is 5.83. This results from the current EPS of $7.57 and stock price of $44.15. The P/E ratio has an increase of 16% from the past four quarters average of 5.0.

LPG PE ratio history

How has LPG's PE ratio performed in the past

The PE ratio of Dorian Lpg has averaged 9.18 over the last ten years. The current PE ratio of 5.83 is 36% 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.

Average
9.18
Median
5.86
Minimum
3.46
Maximum
28.96

Dorian Lpg PE ratio by year

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

LPG average PE ratio chart

What is the average PE ratio of LPG for the past years

The current PE ratio of LPG is below the 3, 5 and 10-year averages.

3-year avg
6.11
5-year avg
7.25
10-year avg
9.18
15-year avg
N/A

LPG PE vs peers

What is LPG's PE ratio compared to its peers

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 5.02 $2.46B
LPG Dorian Lpg Ltd 5.94 $1.82B
STNG Scorpio Tankers Inc 7.35 $4.13B
ASC Ardmore Shipping Corp 8.88 $966.65M

Frequently asked questions

What is Dorian Lpg's PE ratio?

LPG's price to earnings ratio is 5.83 as of May 20, 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 6.11.

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 7.25.

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 36% 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 (May 20, 2024), Dorian Lpg's stock price is $44.15. 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 5.83. PE RATIO(5.83) = STOCK PRICE($44.15) / TTM EPS($7.57)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.