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NAT (Nordic American Tankers) Shiller PE Ratio : (As of Mar. 30, 2025)


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What is Nordic American Tankers Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic American Tankers Shiller PE Ratio Historical Data

The historical data trend for Nordic American Tankers'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.

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Nordic American Tankers Shiller PE Ratio Chart

Nordic American Tankers Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
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Nordic American Tankers Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Nordic American Tankers's Shiller PE Ratio

For the Oil & Gas Midstream subindustry, Nordic American Tankers'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.


Nordic American Tankers's Shiller PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Nordic American Tankers's Shiller PE Ratio falls into.


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Nordic American Tankers 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.

Nordic American Tankers's E10 for the quarter that ended in Dec. 2024 is calculated as:

For example, Nordic American Tankers's adjusted earnings per share data for the three months ended in Dec. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.01/133.1571*133.1571
=0.010

Current CPI (Dec. 2024) = 133.1571.

Nordic American Tankers Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201503 0.310 99.621 0.414
201506 0.350 100.684 0.463
201509 0.290 100.392 0.385
201512 0.340 99.792 0.454
201603 0.330 100.470 0.437
201606 0.150 101.688 0.196
201609 -0.080 101.861 -0.105
201612 -0.380 101.863 -0.497
201703 -0.030 102.862 -0.039
201706 -0.160 103.349 -0.206
201709 -0.340 104.136 -0.435
201712 -1.380 104.011 -1.767
201803 -0.140 105.290 -0.177
201806 -0.190 106.317 -0.238
201809 -0.270 106.507 -0.338
201812 -0.070 105.998 -0.088
201903 0.040 107.251 0.050
201906 -0.110 108.070 -0.136
201909 -0.100 108.329 -0.123
201912 0.090 108.420 0.111
202003 0.270 108.902 0.330
202006 0.330 108.767 0.404
202009 -0.070 109.815 -0.085
202012 -0.190 109.897 -0.230
202103 -0.160 111.754 -0.191
202106 -0.180 114.631 -0.209
202109 -0.270 115.734 -0.311
202112 -0.410 117.630 -0.464
202203 -0.140 121.301 -0.154
202206 -0.020 125.017 -0.021
202209 0.050 125.227 0.053
202212 0.170 125.222 0.181
202303 0.220 127.348 0.230
202306 0.130 128.729 0.134
202309 0.040 129.860 0.041
202312 0.080 129.419 0.082
202403 0.070 131.776 0.071
202406 0.100 132.554 0.100
202409 0.040 133.029 0.040
202412 0.010 133.157 0.010

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.


Nordic American Tankers  (NYSE:NAT) 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.


Nordic American Tankers Shiller PE Ratio Related Terms

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Nordic American Tankers Business Description

Traded in Other Exchanges
Address
26 Victoria Street, Swan Building, Hamilton, BMU, HM 12
Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.