P/E ratio for Performance Shipping (PSHG)
P/E ratio as of January 2026 (TTM): 0.5173
According to Performance Shipping 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0.517327. At the end of 2024 the company had a P/E ratio of 0.5503.
P/E ratio history for Performance Shipping from 2011 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 0.5503 | 24.12% |
| 2023 | 0.4434 | -535.97% |
| 2022 | -0.1017 | |
| 2020 | 4.12 | -4837.57% |
| 2019 | -0.0869 | 781.99% |
| 2018 | -0.0099 | -27992.37% |
| 2017 | 0.0000 | -100.21% |
| 2016 | -0.0169 | -94.27% |
| 2015 | -0.2957 | |
| 2012 | 1.87 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Performance Shipping
PSHG | 0.5173 | 0.00% | ๐ฌ๐ท Greece |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.