DHT (DHT Holdings) Shiller PE Ratio: 26.91 (As of Aug. 01, 2026) — 45% Above Median

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DHT DHT Holdings Inc DHT
55 GF Score
Price $18.57
GF Value $12.64
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is DHT Holdings Shiller PE Ratio?

DHT Holdings DHT +0.11% 55 Shiller PE Ratio is 26.91 as of Aug. 01, 2026, which is 45% above its 10-year median of 18.61. GuruFocus rates DHT with a GF Score™ of 55/100 and a GF Value™ of $12.64 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 431 Oil & Gas companies, DHT Holdings ranks worse than 69.14% on this metric.

As of today (2026-08-01), DHT Holdings's current share price is $18.57. DHT Holdings's E10 for the quarter that ended in Mar. 2026 was $0.69. DHT Holdings's Shiller PE Ratio for today is 26.91.

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

DHT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 1.33   Med: 18.61   Max: 47.55
Current: 27.02

During the past years, DHT Holdings's highest Shiller PE Ratio was 47.55. The lowest was 1.33. And the median was 18.61.

DHT's Shiller PE Ratio is ranked worse than
69.14% of 431 companies
in the Oil & Gas industry
Industry Median: 17.65 vs DHT: 27.02

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.

DHT Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was $1.020. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.69 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


DHT Holdings  (NYSE:DHT) 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.


DHT Holdings Shiller PE Ratio Related Terms


DHT Holdings Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for DHT Holdings'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.

DHT Holdings Shiller PE Ratio Chart

DHT Holdings 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 28.25 19.92 15.28 19.85

DHT Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 17.16 17.36 19.34 19.85 26.59

DHT vs TNK, KNTK, SUNC: Shiller PE Ratio Comparison

For the Oil & Gas Midstream subindustry, DHT Holdings'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.


DHT Holdings Shiller PE Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, DHT Holdings's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where DHT Holdings's Shiller PE Ratio falls into.


DHT
55GF Score
DHT Holdings Inc DHT
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DHT Holdings 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.

DHT Holdings's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=18.57/0.69
=26.91

* 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.

DHT Holdings's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, DHT Holdings's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.02/330.2130*330.2130
=1.020

Current CPI (Mar. 2026) = 330.2130.

DHT Holdings Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.340 241.018 0.466
201609 -0.810 241.428 -1.108
201612 0.180 241.432 0.246
201703 0.150 243.801 0.203
201706 0.040 244.955 0.054
201709 -0.040 246.819 -0.054
201712 -0.050 246.524 -0.067
201803 -0.060 249.554 -0.079
201806 -0.200 251.989 -0.262
201809 -0.150 252.439 -0.196
201812 0.080 251.233 0.105
201903 0.120 254.202 0.156
201906 -0.070 256.143 -0.090
201909 -0.070 256.759 -0.090
201912 0.470 256.974 0.604
202003 0.440 258.115 0.563
202006 0.810 257.797 1.038
202009 0.310 260.280 0.393
202012 0.040 260.474 0.051
202103 0.070 264.877 0.087
202106 0.005 271.696 0.006
202109 -0.130 274.310 -0.156
202112 -0.020 278.802 -0.024
202203 -0.100 287.504 -0.115
202206 0.060 296.311 0.067
202209 0.040 296.808 0.045
202212 0.380 296.797 0.423
202303 0.230 301.836 0.252
202306 0.350 305.109 0.379
202309 0.190 307.789 0.204
202312 0.220 306.746 0.237
202403 0.290 312.332 0.307
202406 0.270 314.175 0.284
202409 0.220 315.301 0.230
202412 0.340 315.605 0.356
202503 0.270 319.799 0.279
202506 0.350 322.561 0.358
202509 0.280 324.800 0.285
202512 0.410 324.054 0.418
202603 1.020 330.213 1.020

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 26.91 mean?
DHT Holdings (DHT) has a Shiller PE Ratio of 26.91 as of Aug. 01, 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 DHT Holdings and its competitors. This is 45% above median its historical median of 18.61. Over the past decade, DHT Holdings' Shiller PE Ratio has ranged from 1.33 to 47.55. According to the industry distribution chart, DHT Holdings ranks #298 out of 431 companies in the Oil & Gas industry, placing it in the top 69.1%.
Is DHT Holdings' Shiller PE Ratio too high?
DHT Holdings' current Shiller PE Ratio of 26.91 is 45% above median its 10-year median of 18.61. Over the past 10 years, this metric has ranged from a low of 1.33 to a high of 47.55. The Oil & Gas industry median Shiller PE Ratio is 17.65. DHT Holdings' value of 26.91 is 52.5% above this industry median. Based on the distribution chart, DHT Holdings ranks #298 out of 431 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, DHT Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Shiller PE Ratio compare to TNK and KNTK?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #298 out of 431 companies for Shiller PE Ratio. This places DHT Holdings in the lower half of its industry. The industry median Shiller PE Ratio is 17.65. DHT Holdings' value of 26.91 is 52.5% above this benchmark. Historically, DHT Holdings' own Shiller PE Ratio has ranged from 1.33 to 47.55 over the past decade. While the company's 10-year median is 18.61 vs. the industry median of 17.65, DHT Holdings 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 an Oil & Gas company?
The median Shiller PE Ratio among Oil & Gas companies is 17.65, based on 431 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. DHT Holdings's current Shiller PE Ratio of 26.91 is 52.5% 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 DHT Holdings and its competitors. For the Oil & Gas industry, the median Shiller PE Ratio is 17.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. DHT Holdings's current Shiller PE Ratio is 26.91, which is 45% above median its own 10-year median of 18.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.64, compared to a current price of $18.57 — trading 46.9% above its estimated fair value. The current Shiller PE Ratio is 26.91, which is 45% above median its 10-year median of 18.61 and 52.5% above the Oil & Gas industry median of 17.65. DHT Holdings' overall GF Score™ is 55/100 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 DHT Holdings (DHT), the current Shiller PE Ratio is 26.91 as of Aug. 01, 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 DHT Holdings (DHT) Overvalued in 2026?

Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued. The current stock price of $18.57 is trading 46.9% above its estimated GF Value™ of $12.64. GuruFocus considers DHT Holdings to be Significantly Overvalued.

Key valuation signals for DHT:

  • Shiller PE Ratio: 26.91 (45% above median its 10-year median of 18.61)
  • GF Value™: $12.64 vs. price of $18.57 (46.9% above fair value)
  • GF Score™: 55/100 with 3 warning signs
  • Industry Position: 52.5% above the Oil & Gas median (#298 of 431)

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


DHT Holdings Business Description

Industry EnergyOil & Gas
Other Exchanges DHTN:MexicoD8EN:Germany
Address 2 Church Street, Clarendon House, Hamilton, BMU, HM 11
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
55GF Score

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

$18.57
Price
$12.64
GF Value