Ardmore Shipping Corporation

Ardmore Shipping Corporationverified

ASC

Price:

$11.85

Market Cap:

$495.82M

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers. It serves oil majors, oil companies, oil and chemical traders, chemical companies, and pooling service providers. The company was founded in 2010 and is based in Pembroke, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

2013-08-01

Stock Exchange

NYSE

Ticker

ASC

The PE Ratio as of November 2024 (TTM) for Ardmore Shipping Corporation (ASC) is 3.34

According to Ardmore Shipping Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 3.34. This represents a change of -37.62% compared to the average of 5.35 of the last 4 quarters.

Ardmore Shipping Corporation (ASC) Historical PE Ratio (quarterly & annually)

How has ASC PE Ratio performed in the past?

The mean historical PE Ratio of Ardmore Shipping Corporation over the last ten years is 19.65. The current 3.34 PE Ratio has changed 1.60% with respect to the historical average. Over the past ten years (40 quarters), ASC's PE Ratio was at its highest in in the December 2014 quarter at 41.86. The PE Ratio was at its lowest in in the June 2017 quarter at -36.90.

Quarterly (TTM)
Annual

Average

19.65

Median

0.37

Minimum

-21.42

Maximum

176.96

Ardmore Shipping Corporation (ASC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Ardmore Shipping Corporation 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 = 473.72%

Maximum Annual PE Ratio = 176.96

Minimum Annual Increase = -456.98%

Minimum Annual PE Ratio = -21.42

Quarterly (TTM)
Annual
YearPE RatioChange
20234.9628.02%
20223.88-223.57%
2021-3.14-82.56%
2020-17.9837.22%
2019-13.10267.54%
2018-3.56-83.36%
2017-21.42-135.99%
201659.51473.72%
201510.37-94.14%
2014176.96-456.98%

Ardmore Shipping Corporation (ASC) Average PE Ratio

How has ASC PE Ratio performed in the past?

The current PE Ratio of Ardmore Shipping Corporation (ASC) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

1.90

5-year avg

-5.08

10-year avg

19.65

Ardmore Shipping Corporation (ASC) PE Ratio vs. Peers

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

Ardmore Shipping Corporation’s PE Ratio is less than International Seaways, Inc. (4.00), less than Scorpio Tankers Inc. (3.51), less than Dorian LPG Ltd. (4.56), greater than Euronav NV (2.86), less than Teekay Tankers Ltd. (3.41),

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