Ardmore Shipping (Ardmore Shipping) Forward PE Ratio : 0.00 (As of Apr. 27, 2024)

View and export this data going back to 2013. Start your Free Trial

What is Ardmore Shipping Forward PE Ratio?

Ardmore Shipping's Forward PE Ratio for today is 0.00.

Ardmore Shipping's PE Ratio without NRI for today is 6.19.

Ardmore Shipping's PE Ratio for today is 6.19.

Ardmore Shipping Forward PE Ratio Historical Data

The historical data trend for Ardmore Shipping's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ardmore Shipping Forward PE Ratio Chart

Ardmore Shipping Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-10

2021-12

2022-12

2023-12

2024-03

Forward PE Ratio

8.51

7.87

9.76

24.88

7.69

4.98

37.59

8.58

4.65

5.40

Ardmore Shipping Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-12	2020-03	2020-06	2020-09	2021-12	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	8.51	6.74	7.19	6.58	7.87	44.64	10.06	9.76	41.15	416.67	13.12	24.88	7.69	7.16	6.55	5.03	37.59	9.47	3.14	8.58	3.57	3.33	3.85	4.65	5.40

Competitive Comparison of Ardmore Shipping's Forward PE Ratio

For the Marine Shipping subindustry, Ardmore Shipping's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Ardmore Shipping's Forward PE Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Ardmore Shipping's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Ardmore Shipping's Forward PE Ratio falls into.

Ardmore Shipping Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

Ardmore Shipping (NYSE:ASC) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

Ardmore Shipping Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of Ardmore Shipping's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Ardmore Shipping (Ardmore Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Ardmore Shipping Corp (NYSE:ASC) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

A61:Germany A61:Germany

Address

69 Pitts Bay Road, Belvedere Building, Ground Floor, Pembroke, Hamilton, BMU, HM08

Website

https://www.ardmoreshipping.com

Ardmore Shipping Corp owns and operates a fleet of mid-size product and chemical tankers, which provide seaborne transportation of petroleum products and chemicals across the globe. The company is focused on fuel efficiency and cost leadership, and it provides its shipping services to customers through voyage charters, commercial pools, and time charters. Its main customers are oil majors, national oil companies, oil and chemical traders, and chemical companies.