P/E ratio for Nordic American Tankers (NAT)

P/E ratio history for Nordic American Tankers from 2001 to 2026

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
DHT Holdings DHT	9.04	-62.01%	🇧🇲 Bermuda
Golar LNG GLNG	42.1	77.10%	🇧🇲 Bermuda
Teekay Tankers TNK	6.22	-73.85%	🇨🇦 Canada
Teekay TK	7.76	-67.37%	🇨🇦 Canada
SFL Corp SFL	50.7	113.01%	🇧🇲 Bermuda
Frontline FRO	9.59	-59.72%	🇧🇲 Bermuda
Ardmore Shipping ASC	12.4	-48.09%	🇧🇲 Bermuda

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.