Nordic American Tankers Limited

Nordic American Tankers Limitedverified

NAT

Price:

$4.28

Market Cap:

$893.65M

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

1997-09-30

Stock Exchange

NYSE

Ticker

NAT

The PE Ratio as of May 2024 (TTM) for Nordic American Tankers Limited (NAT) is 9.11

According to Nordic American Tankers Limited’s latest financial reports and current stock price. The company's current PE Ratio is 9.11. This represents a change of -30.99% compared to the average of 13.20 of the last 4 quarters.

Nordic American Tankers Limited (NAT) Historical PE Ratio (quarterly & annually)

How has NAT PE Ratio performed in the past?

The mean historical PE Ratio of Nordic American Tankers Limited over the last ten years is -24.05. The current 9.11 PE Ratio has changed -3887.27% with respect to the historical average. Over the past ten years (40 quarters), NAT's PE Ratio was at its highest in in the September 2014 quarter at 138.37. The PE Ratio was at its lowest in in the December 2014 quarter at -145.51.

Quarterly (TTM)
Annual

Average

-24.05

Median

-2.64

Minimum

-168.00

Maximum

40.94

Nordic American Tankers Limited (NAT) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Nordic American Tankers Limited PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.16%

Maximum Annual PE Ratio = 40.94

Minimum Annual Increase = -1880.61%

Minimum Annual PE Ratio = -168.00

Quarterly (TTM)
Annual
YearPE RatioChange
20238.88-78.30%
202240.94-1880.61%
2021-2.30-126.12%
20208.80-113.08%
2019-67.302.16%
2018-2.98-15.71%
2017-3.53-97.90%
2016-168.00-1489.56%
201512.09-118.01%
2014-67.141.04%

Nordic American Tankers Limited (NAT) Average PE Ratio

How has NAT PE Ratio performed in the past?

The current PE Ratio of Nordic American Tankers Limited (NAT) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

15.84

5-year avg

-2.19

10-year avg

-24.05

Nordic American Tankers Limited (NAT) PE Ratio vs. Peers

How is NAT’s PE Ratio compared to its peers?

Nordic American Tankers Limited’s PE Ratio is less than Genco Shipping & Trading Limited (288.08), less than Golden Ocean Group Limited (15.53), less than Eagle Bulk Shipping Inc. (24.12), less than Star Bulk Carriers Corp. (11.17), greater than OceanPal Inc. (-3.63), greater than Navios Maritime Holdings Inc. (1.38), greater than Danaos Corporation (3.05), greater than Costamare Inc. (5.28), greater than Global Ship Lease, Inc. (3.14), greater than Euroseas Ltd. (2.47), greater than Diana Shipping Inc. (4.95),

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