Start with its own history
At 25.20×, SFL is 90.7% above its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NYSE · SFLMarine ShippingUpdated Nov 5, 2026
SFL Corporation Ltd P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
25.20×
90.7% abovethe 8-observation annual average
Share price11.72
÷Earnings per share0.465
Price and EPS in quote currency. Calculation details
Investors are paying 25.20 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 13.22×
3-year average13.60×2 positive annual observations
5-year average12.27×4 positive annual observations
10-year average13.22×8 positive annual observations
Peer median · TTM12.86×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 22 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | N/M | N/M |
| Dec 31, 2024 | 10.12× | -40.8% |
| Dec 31, 2023 | 17.09× | +90.9% |
| Dec 31, 2022 | 8.95× | -30.8% |
| Dec 31, 2021 | 12.94× | N/M |
| Dec 31, 2020 | N/M | N/M |
| Dec 31, 2019 | 17.52× | +16.5% |
| Dec 31, 2018 | 15.04× | +2.9% |
View all 22 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 14.62× | +54.6% |
| Dec 31, 2016 | 9.46× | +22.7% |
| Dec 31, 2015 | 7.71× | -28.0% |
| Dec 31, 2014 | 10.70× | -34.7% |
| Dec 31, 2013 | 16.38× | +127.5% |
| Dec 31, 2012 | 7.20× | +28.0% |
| Dec 31, 2011 | 5.63× | -45.1% |
| Dec 31, 2010 | 10.25× | +94.7% |
| Dec 31, 2009 | 5.26× | +19.1% |
| Dec 31, 2008 | 4.42× | -63.2% |
| Dec 31, 2007 | 12.00× | +25.2% |
| Dec 31, 2006 | 9.58× | +61.0% |
| Dec 31, 2005 | 5.95× | +2.1% |
| Dec 31, 2004 | 5.83× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How SFL compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 SFL This stockSFL Corporation Ltd | 25.20× |
 GSLGlobal Ship Lease, Inc. | 3.86× |
 ECOOkeanis Eco Tankers Corp. | 8.34× |
 NATNordic American Tankers Limited | 12.06× |
 CCECCapital Clean Energy Carriers Corp. | 11.92× |
 PLPCPreformed Line Products Company | 23.85× |
 THRThermon Group Holdings, Inc. | 45.29× |
 GNKGenco Shipping & Trading Limited | 13.65× |
 BBSIBarrett Business Services, Inc. | 25.86× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does SFL’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 12.86×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take SFL into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("SFL", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 11.72 ÷ EPS 0.465 = 25.20×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
SFL P/E ratio: common questions
The essentials behind the numbers.
SFL Corporation Ltd's current P/E is 25.20× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.