As of Jul 26, 2024, the Scorpio Tankers stock's P/E ratio is 6.45. This takes into account the latest EPS of $11.27 and stock price of $72.69. The PE ratio has increased by 33% from its last 4 quarters average of 4.9.
The PE ratio of Scorpio Tankers has averaged 10.49 over the last ten years. The current price-to-earnings ratio of 6.45 is 39% less than the historical average. Analyzing the last ten years, STNG's PE ratio reached its highest point in the Mar 2015 quarter at 34.89, when the price was $94.2 and the EPS was $2.7. The lowest point was recorded in the Jun 2023 quarter, when it reached 3.04 with a price of $47.23 and an EPS of $15.52.
Maximum annual increase: 24.36% in 2023
Maximum annual decrease: -79.5% in 2015
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 5.82 | 24.36% |
| 2022 | 4.68 | N/A |
| 2021 | N/A | N/A |
| 2020 | 6.51 | N/A |
| 2019 | N/A | N/A |
| 2018 | N/A | N/A |
| 2017 | N/A | N/A |
| 2016 | N/A | N/A |
| 2015 | 5.94 | -79.5% |
| 2014 | 28.97 | -70.51% |
The current PE ratio of STNG is higher than the 3 and 5-year averages, but it is under its 10-year average.
When compared to its peers CPLP and ASC, STNG's PE ratio is lower, but it is higher than TNK's and TK's. Scorpio Tankers's PE ratio is trading above the peer average of 5.8.
| Stock name | PE ratio | Market cap |
|---|---|---|
| TNK Teekay Tankers Ltd | 4.38 | $2.14B |
| GASS StealthGas Inc | 4.55 | $228.63M |
| TK Teekay Corp | 5.04 | $769.91M |
| STNG Scorpio Tankers Inc | 6.45 | $3.63B |
| CPLP Capital Product Partners L P | 7.22 | $901.82M |
| ASC Ardmore Shipping Corp | 7.81 | $849.36M |
The price to earnings ratio for STNG stock as of Jul 26, 2024, stands at 6.45.
The 3-year average PE ratio for STNG stock is 4.95.
The 5-year average PE ratio for STNG stock is 4.9.
Over the last ten years, the Mar 2015 quarter recorded the highest quarterly PE ratio at 34.89.
STNG's price to earnings ratio is currently 39% below its 10-year historical average.
STNG's PE ratio is low because its earnings per share (EPS) is high relative to its stock price.
The P/E ratio is calculated by dividing the latest price of a stock by its trailing twelve months EPS. As of today (Jul 26, 2024), Scorpio Tankers's share price is $72.69. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $11.27. Therefore, Scorpio Tankers's price to earnings ratio for today is 6.45. PE RATIO(6.45) = STOCK PRICE($72.69) / TTM EPS($11.27)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.