P/E ratio for Seanergy Maritime (SHIP)

P/E ratio history for Seanergy Maritime from 2008 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Star Bulk Carriers SBLK	13.7	168.59%	🇬🇷 Greece
Diana Shipping DSX	4.84	-5.51%	🇬🇷 Greece
Safe Bulkers SB	9.72	89.85%	🇲🇨 Monaco
Eagle Bulk Shipping EGLE	6.66	30.10%	🇺🇸 USA
Navios Maritime Partners NMM	6.38	24.55%	🇲🇨 Monaco
Navios Maritime Holdings NM	1.30	-74.66%	🇲🇨 Monaco
Whole Earth Brands FREE	-5.13	-200.15%	🇺🇸 USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.