TOP ShipsTOPS +1.00%49 Forward PE Ratio is 0.00 as of Jul. 07, 2026. GuruFocus rates TOPS with a GF Score™ of 49/100 and a GF Value™ of $4.21 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 542 Oil & Gas companies, TOP Ships ranks worse than 184501.66% on this metric.
TOP Ships (AMEX:TOPS) 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 .
TOP Ships Forward PE Ratio Related Terms
TOP Ships Forward PE Ratio Historical Data
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The historical data trend for TOP Ships'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.
TOP Ships Forward PE Ratio Chart
TOP Ships Annual Data
Trend
Forward PE Ratio
TOP Ships Semi-Annual Data
Forward PE Ratio
TOPS vs RBNE, CWPE, MARPS: Forward PE Ratio Comparison
For the Oil & Gas Midstream subindustry, TOP Ships'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.
TOP Ships Forward PE Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TOP Ships's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where TOP Ships'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.
TOP Ships (TOPS) has a Forward PE Ratio of 0.00 as of Jul. 07, 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 TOP Ships and its competitors. According to the industry distribution chart, TOP Ships ranks #999999 out of 542 companies in the Oil & Gas industry.
Is TOP Ships' Forward PE Ratio too high?
TOP Ships' current Forward PE Ratio is 0.00. Based on the distribution chart, TOP Ships ranks #999999 out of 542 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TOP Ships has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does TOP Ships' Forward PE Ratio compare to RBNE and CWPE?
According to the Oil & Gas industry distribution chart, TOP Ships ranks #999999 out of 542 companies for Forward PE Ratio. This places TOP Ships in the lower half of its industry. The industry median Forward PE Ratio is 10.83. 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 an Oil & Gas company?
The median Forward PE Ratio among Oil & Gas companies is 10.83, based on 542 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. 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 TOP Ships and its competitors. For the Oil & Gas industry, the median Forward PE Ratio is 10.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TOP Ships's current Forward PE Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TOP Ships stock overvalued right now?
Based on GuruFocus' analysis, TOP Ships (TOPS) is currently considered Possible Value Trap. The stock's GF Value™ is $4.21, compared to a current price of $0.79 — trading 81.2% below its estimated fair value. The current Forward PE Ratio is 0.00. TOP Ships' overall GF Score™ is 49/100 with 6 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 TOP Ships (TOPS), the current Forward PE Ratio is 0.00 as of Jul. 07, 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 TOP Ships (TOPS) Overvalued in 2026?
Based on GuruFocus' analysis, TOP Ships stock appears to be undervalued.
The current stock price of $0.79 is trading 81.2% below its estimated GF Value™ of $4.21.
GuruFocus considers TOP Ships to be Possible Value Trap.
Key valuation signals for TOPS:
Forward PE Ratio: 0.00
GF Value™: $4.21 vs. price of $0.79 (81.2% below fair value)
No single metric tells the full story. See the TOPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TOP Ships Inc owns tanker vessels throughout the world. The Company is an international owner and operator of modern, fuel-efficient eco-tanker vessels, focusing on the transportation of crude oil, petroleum products (both clean and dirty), and bulk liquid chemicals. It generates revenue from the Time Charter agreements. The company operates in two reportable segments: (i) the tanker segment and (ii) the megayacht segment.
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