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Diana Shipping (NYSE:DSX) 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 .
Diana Shipping Forward PE Ratio Related Terms
Diana Shipping Forward PE Ratio Historical Data
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The historical data trend for Diana 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.
Diana Shipping Forward PE Ratio Chart
Diana Shipping Annual Data
Trend
2018-12
2019-12
2021-12
2023-12
2024-12
2025-12
Forward PE Ratio
8.75
9.34
2.14
3.67
3.94
7.08
Diana Shipping Quarterly Data
2018-06
2018-09
2018-12
2019-03
2019-12
2020-09
2021-06
2021-09
2021-12
2022-03
2022-06
2023-06
2023-09
2023-12
2024-06
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
Forward PE Ratio
238.10
6.75
8.75
15.67
9.34
14.10
21.14
4.08
2.14
3.44
3.08
7.85
4.34
3.67
3.25
3.94
27.17
25.17
6.32
7.08
7.13
DSX vs GASS, SMHI, SHIP: Forward PE Ratio Comparison
For the Marine Shipping subindustry, Diana 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.
Diana Shipping Forward PE Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Diana Shipping's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Diana Shipping's Forward PE Ratio falls into.
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.
Diana Shipping (DSX) has a Forward PE Ratio of 5.41 as of Jul. 17, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Diana Shipping and its competitors. According to the industry distribution chart, Diana Shipping ranks #41 out of 490 companies in the Transportation industry, placing it in the top 8.4%.
Is Diana Shipping's Forward PE Ratio too high?
Diana Shipping's current Forward PE Ratio is 5.41. The Transportation industry median Forward PE Ratio is 13.65. Diana Shipping's value of 5.41 is 60.4% below this industry median. Based on the distribution chart, Diana Shipping ranks #41 out of 490 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Diana Shipping has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Diana Shipping's Forward PE Ratio compare to GASS and SMHI?
According to the Transportation industry distribution chart, Diana Shipping ranks #41 out of 490 companies for Forward PE Ratio. This places Diana Shipping in the top 8% of its industry — outperforming the majority of peers. The industry median Forward PE Ratio is 13.65. Diana Shipping's value of 5.41 is 60.4% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Transportation company?
The median Forward PE Ratio among Transportation companies is 13.65, based on 490 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Diana Shipping's current Forward PE Ratio of 5.41 is 60.4% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Diana Shipping and its competitors. For the Transportation industry, the median Forward PE Ratio is 13.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Diana Shipping's current Forward PE Ratio is 5.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Diana Shipping stock overvalued right now?
Based on GuruFocus' analysis, Diana Shipping (DSX) is currently considered Fairly Valued. The stock's GF Value™ is $2.19, compared to a current price of $2.10 — trading 4.1% below its estimated fair value. The current Forward PE Ratio is 5.41 and 60.4% below the Transportation industry median of 13.65. Diana Shipping's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Diana Shipping (DSX), the current Forward PE Ratio is 5.41 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Diana Shipping (DSX) Overvalued in 2026?
Based on GuruFocus' analysis, Diana Shipping stock appears to be undervalued.
The current stock price of $2.10 is trading 4.1% below its estimated GF Value™ of $2.19.
GuruFocus considers Diana Shipping to be Fairly Valued.
Key valuation signals for DSX:
Forward PE Ratio: 5.41
GF Value™: $2.19 vs. price of $2.10 (4.1% below fair value)
Industry Position: 60.4% below the Transportation median (#41 of 490)
No single metric tells the full story. See the DSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize, and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods, including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers, through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation; the services provided by the vessels are similar, and all operate under the same economic environment.
71GF Score
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