Tsakos Energy Navigation (Tsakos Energy Navigation) Forward PE Ratio

: 0.00 (As of Today)

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Tsakos Energy Navigation's Forward PE Ratio for today is 0.00.

Tsakos Energy Navigation's PE Ratio without NRI for today is 3.28.

Tsakos Energy Navigation's PE Ratio for today is 2.74.

Tsakos Energy Navigation Forward PE Ratio Historical Data

The historical data trend for Tsakos Energy Navigation'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.

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Tsakos Energy Navigation Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-04

2021-12

2022-12

2023-08

Forward PE Ratio

4.32

4.26

4.16

38.46

9.35

1.84

4.88

5.70

Tsakos Energy Navigation Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12
Forward PE Ratio	4.32	2.78	4.23	3.32	4.26	8.58	10.02	4.75	4.16	13.19	14.88	113.64	38.46	44.25	7.66	1.84	2.25	3.25	4.30	4.88

Competitive Comparison

For the Oil & Gas Midstream subindustry, Tsakos Energy Navigation'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.

Tsakos Energy Navigation Forward PE Ratio Distribution

For the Oil & Gas industry and Energy sector, Tsakos Energy Navigation's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where Tsakos Energy Navigation's Forward PE Ratio falls into.

Tsakos Energy Navigation 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.

Tsakos Energy Navigation (NYSE:TNP) 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 .

Tsakos Energy Navigation Forward PE Ratio Related Terms

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Tsakos Energy Navigation (Tsakos Energy Navigation) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tsakos Energy Navigation Ltd (NYSE:TNP) » Definitions » Forward PE Ratio

Comparable Companies

NGL TK PBT OSG EE NVGS SMLP BROG GEL DLNG TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

TNPpF.PFD:USA TNPpE.PFD:USA TK41:Germany

Address

367 Syngrou Avenue, Ktirio Macedonia, P.O Box 79141, Palaio Faliro, Athens, GRC, 175 64

Website

https://www.tenn.gr

Tsakos Energy Navigation Ltd is a seaborne transportation service provider for crude oil and petroleum products. The company's carriers cater to national and international independent oil companies and refiners. It generates revenue through charter contracts with its clients, which include time, bareboat, and voyage charters, contracts of affreightment, and pool arrangements.