ASC (Ardmore Shipping) Shiller PE Ratio: 23.10 (As of Aug. 25, 2026) — 13% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASC Ardmore Shipping Corp ASC
75 GF Score
Price $18.25
GF Value $13.00
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ardmore Shipping Shiller PE Ratio?

Ardmore Shipping ASC 75 Shiller PE Ratio is 23.10 as of Aug. 25, 2026, which is 13% below its 10-year median of 26.55. GuruFocus rates ASC with a GF Score™ of 75/100 and a GF Value™ of $13.00 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 601 Transportation companies, Ardmore Shipping ranks worse than 64.06% on this metric.

As of today (2026-08-25), Ardmore Shipping's current share price is $18.25. Ardmore Shipping's E10 for the quarter that ended in Jun. 2026 was $0.79. Ardmore Shipping's Shiller PE Ratio for today is 23.10.

The historical rank and industry rank for Ardmore Shipping's Shiller PE Ratio or its related term are showing as below:

ASC' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.67   Med: 26.55   Max: 262.14
Current: 23.1

During the past years, Ardmore Shipping's highest Shiller PE Ratio was 262.14. The lowest was 12.67. And the median was 26.55.

ASC's Shiller PE Ratio is ranked worse than
64.06% of 601 companies
in the Transportation industry
Industry Median: 18.34 vs ASC: 23.10

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Ardmore Shipping's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.480. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.79 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ardmore Shipping  (NYSE:ASC) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Ardmore Shipping Shiller PE Ratio Related Terms


Ardmore Shipping Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Ardmore Shipping's Shiller 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.

Ardmore Shipping Shiller PE Ratio Chart

Ardmore Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 192.28 36.91 17.54 16.74

Ardmore Shipping Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.20 18.55 16.74 22.88 17.64

ASC vs SB, ESEA, PANL: Shiller PE Ratio Comparison

For the Marine Shipping subindustry, Ardmore Shipping's Shiller PE Ratio, along with its competitors' market caps and Shiller 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 Shiller PE Ratio vs Transportation Industry

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

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


ASC
75GF Score
Ardmore Shipping Corp ASC
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ardmore Shipping Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Ardmore Shipping's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.25/0.79
=23.10

* 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.

Ardmore Shipping's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Ardmore Shipping's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.48/333.9520*333.9520
=1.480

Current CPI (Jun. 2026) = 333.9520.

Ardmore Shipping Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 -0.140 241.428 -0.194
201612 -0.110 241.432 -0.152
201703 -0.060 243.801 -0.082
201706 -0.060 244.955 -0.082
201709 -0.140 246.819 -0.189
201712 -0.120 246.524 -0.163
201803 -0.160 249.554 -0.214
201806 -0.260 251.989 -0.345
201809 -0.370 252.439 -0.489
201812 -0.510 251.233 -0.678
201903 -0.280 254.202 -0.368
201906 -0.300 256.143 -0.391
201909 -0.170 256.759 -0.221
201912 0.060 256.974 0.078
202003 0.200 258.115 0.259
202006 0.410 257.797 0.531
202009 -0.200 260.280 -0.257
202012 -0.590 260.474 -0.756
202103 -0.260 264.877 -0.328
202106 -0.240 271.696 -0.295
202109 -0.370 274.310 -0.450
202112 -0.250 278.802 -0.299
202203 -0.230 287.504 -0.267
202206 0.810 296.311 0.913
202209 1.520 296.808 1.710
202212 1.280 296.797 1.440
202303 1.040 301.836 1.151
202306 0.570 305.109 0.624
202309 0.490 307.789 0.532
202312 0.630 306.746 0.686
202403 0.920 312.332 0.984
202406 1.470 314.175 1.563
202409 0.550 315.301 0.583
202412 0.120 315.605 0.127
202503 0.140 319.799 0.146
202506 0.220 322.561 0.228
202509 0.300 324.800 0.308
202512 0.230 324.054 0.237
202603 0.580 330.213 0.587
202606 1.480 333.952 1.480

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 23.10 mean?
Ardmore Shipping (ASC) has a Shiller PE Ratio of 23.10 as of Aug. 25, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Ardmore Shipping and its competitors. This is 13% below median its historical median of 26.55. Over the past decade, Ardmore Shipping's Shiller PE Ratio has ranged from 12.67 to 262.14. According to the industry distribution chart, Ardmore Shipping ranks #385 out of 601 companies in the Transportation industry, placing it in the top 64.1%.
Is Ardmore Shipping's Shiller PE Ratio too high?
Ardmore Shipping's current Shiller PE Ratio of 23.10 is 13% below median its 10-year median of 26.55. Over the past 10 years, this metric has ranged from a low of 12.67 to a high of 262.14. The Transportation industry median Shiller PE Ratio is 18.34. Ardmore Shipping's value of 23.10 is 26% above this industry median. Based on the distribution chart, Ardmore Shipping ranks #385 out of 601 companies in the Transportation industry, which is below the industry midpoint. Overall, Ardmore Shipping has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ardmore Shipping's Shiller PE Ratio compare to SB and ESEA?
According to the Transportation industry distribution chart, Ardmore Shipping ranks #385 out of 601 companies for Shiller PE Ratio. This places Ardmore Shipping in the lower half of its industry. The industry median Shiller PE Ratio is 18.34. Ardmore Shipping's value of 23.10 is 26% above this benchmark. Historically, Ardmore Shipping's own Shiller PE Ratio has ranged from 12.67 to 262.14 over the past decade. While the company's 10-year median is 26.55 vs. the industry median of 18.34, Ardmore Shipping has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Transportation company?
The median Shiller PE Ratio among Transportation companies is 18.34, based on 601 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ardmore Shipping's current Shiller PE Ratio of 23.10 is 26% above 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Ardmore Shipping and its competitors. For the Transportation industry, the median Shiller PE Ratio is 18.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ardmore Shipping's current Shiller PE Ratio is 23.10, which is 13% below median its own 10-year median of 26.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ardmore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Ardmore Shipping (ASC) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.00, compared to a current price of $18.25 — trading 40.4% above its estimated fair value. The current Shiller PE Ratio is 23.10, which is 13% below median its 10-year median of 26.55 and 26% above the Transportation industry median of 18.34. Ardmore Shipping's overall GF Score™ is 75/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Ardmore Shipping (ASC), the current Shiller PE Ratio is 23.10 as of Aug. 25, 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 Ardmore Shipping (ASC) Overvalued in 2026?

Based on GuruFocus' analysis, Ardmore Shipping stock appears to be overvalued. The current stock price of $18.25 is trading 40.4% above its estimated GF Value™ of $13.00. GuruFocus considers Ardmore Shipping to be Significantly Overvalued.

Key valuation signals for ASC:

  • Shiller PE Ratio: 23.10 (13% below median its 10-year median of 26.55)
  • GF Value™: $13.00 vs. price of $18.25 (40.4% above fair value)
  • GF Score™: 75/100 with 3 warning signs
  • Industry Position: 26% above the Transportation median (#385 of 601)

No single metric tells the full story. See the ASC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ardmore Shipping Business Description

Other Exchanges A61:Germany
Address 7 Church Street, Dorchester House, Hamilton, BMU, HM11
Ardmore Shipping Corp provides seaborne transportation of petroleum products and chemicals world-wide to oil majors, national oil companies, oil and chemical traders, and chemical companies, with its modern, fuel-efficient fleet of mid-size product and chemical tankers. The company markets its services directly to its customers and commercial pool operators and charters its vessels to them through a combination of spot, commercial pooling, and time-charter arrangements. The majority of its revenue is generated from spot voyages, which typically last less than three months.
75GF Score

Get the complete analysis for ASC

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$18.25
Price
$13.00
GF Value