Grindrod Shipping Holdings Ltd.

Grindrod Shipping Holdings Ltd.verified

GRIN

Price:

$14.2

Market Cap:

$279.54M

Grindrod Shipping Holdings Ltd., an international shipping company, owns, charters-in, and operates a fleet of dry bulk carriers and tankers worldwide. It operates a fleet of 32 vessels consisting of 24 owned dry bulk carriers and 7 long-term chartered-in dry bulk carriers that transport a range of bulk and breakbulk commodities, including ores, coal, grains, forestry products, steel products, and fertilizers. The company also operates one owned tanker, which carry petroleum products, such as petrol, diesel, jet fuel, and naptha, as well as heavy fuel oil; and low hazard chemical products comprising liquid bulk vegetable oils. Its customers include shipping companies, trading houses, mining ...[Read more]

Industry

Marine Shipping

IPO Date

2018-06-18

Stock Exchange

NASDAQ

Ticker

GRIN

The PE Ratio as of November 2024 (TTM) for Grindrod Shipping Holdings Ltd. (GRIN) is -28.98

According to Grindrod Shipping Holdings Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is -28.98. This represents a change of 306.86% compared to the average of -7.12 of the last 4 quarters.

Grindrod Shipping Holdings Ltd. (GRIN) Historical PE Ratio (quarterly & annually)

How has GRIN PE Ratio performed in the past?

The mean historical PE Ratio of Grindrod Shipping Holdings Ltd. over the last ten years is -4.27. The current -28.98 PE Ratio has changed 67.71% with respect to the historical average. Over the past ten years (40 quarters), GRIN's PE Ratio was at its highest in in the March 2021 quarter at 14.73. The PE Ratio was at its lowest in in the March 2017 quarter at -23.31.

Quarterly (TTM)
Annual

Average

-4.27

Median

-3.59

Minimum

-18.28

Maximum

3.92

Grindrod Shipping Holdings Ltd. (GRIN) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Grindrod Shipping Holdings Ltd. 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 = 106.72%

Maximum Annual PE Ratio = 3.92

Minimum Annual Increase = -633.00%

Minimum Annual PE Ratio = -18.28

Quarterly (TTM)
Annual
YearPE RatioChange
2023-18.28-633.00%
20223.43-12.40%
20213.92-302.01%
2020-1.94-44.48%
2019-3.49-39.43%
2018-5.768.15%
2017-5.33-28.12%
2016-7.41106.72%

Grindrod Shipping Holdings Ltd. (GRIN) Average PE Ratio

How has GRIN PE Ratio performed in the past?

The current PE Ratio of Grindrod Shipping Holdings Ltd. (GRIN) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

-3.65

5-year avg

-3.27

10-year avg

-4.27

Grindrod Shipping Holdings Ltd. (GRIN) PE Ratio vs. Peers

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

Grindrod Shipping Holdings Ltd.’s PE Ratio is less than Eagle Bulk Shipping Inc. (29.89), less than Star Bulk Carriers Corp. (7.20), less than Golden Ocean Group Limited (10.49), less than Global Ship Lease, Inc. (2.40), less than Diana Shipping Inc. (15.35), less than Genco Shipping & Trading Limited (10.59), less than Danaos Corporation (2.94), less than Matson, Inc. (12.48), less than Himalaya Shipping Ltd. (12.33), less than Cool Company Ltd. (5.10), less than Costamare Inc. (4.39), less than Eneti Inc. (-13.20), less than Kirby Corporation (24.23),

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