Globus Maritime - Stock

Globus Maritime P/E 2024

Globus Maritime P/E

8.21

Ticker

GLBS

ISIN

MHY272651263

WKN

A2QEX8

As of Jun 15, 2024, Globus Maritime's P/E ratio was 8.21, a 123.71% change from the 3.67 P/E ratio recorded in the previous year.

The Globus Maritime P/E history

Globus Maritime Aktienanalyse

What does Globus Maritime do?

Globus Maritime Ltd is an internationally operating shipping company based in Athens, Greece. It was founded in 2006 and has been listed on the NASDAQ exchange since 2010. The company specializes in the transportation of bulk goods and operates a fleet of modern Supramax and Panamax bulk carriers. The business model of Globus Maritime Ltd is based on providing high-quality transport solutions for customers in the coal, iron ore, grain, and other bulk goods sectors. The company's global presence allows it to operate on essentially all major trade routes worldwide. Customers of Globus Maritime Ltd include large mining and industrial companies, agricultural producers and traders, and other players in the bulk goods industry. The fleet of Globus Maritime Ltd consists of modern ships that are technologically up-to-date and capable of safely transporting large quantities of bulk goods. The Supramax ships have a capacity of 50,000 to 65,000 tons, while the Panamax ships can transport up to 80,000 tons. The ships are able to operate in a variety of ports worldwide and can be customized according to customer requirements. Globus Maritime Ltd is one of the leading companies in the shipping industry and has established itself as an industry leader in recent years. The company is constantly seeking growth opportunities and has carried out a number of strategic acquisitions in recent years to expand its business activities. One important acquisition, for example, was in 2018 when Globus Maritime Ltd acquired three Panamax ships. The company is divided into various divisions, including Chartering, Operations, and Commercial, to ensure that all aspects of the business are effectively and efficiently operated. The Chartering division is responsible for leasing ships to third parties, while the Operations division coordinates ship operations and the Commercial division maintains contact with customers and acquires new business. The products offered by Globus Maritime Ltd include the transportation of coal, iron ore, grain, fertilizers, and other bulk goods. The transportation of general cargo is also possible. The company has a wide network of customers and partners in the bulk goods industry, allowing it to offer customized solutions for every customer need. Overall, Globus Maritime Ltd demonstrates a strong business model and is steadily expanding in the shipping industry. The company is well positioned to benefit from the global demand for bulk goods transportation as well as the increasing automation and efficiency of the shipping industry. Globus Maritime ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/E Details

Deciphering Globus Maritime's P/E Ratio

The Price to Earnings (P/E) Ratio of Globus Maritime is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.

Year-to-Year Comparison

Assessing Globus Maritime's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.

Impact on Investments

The P/E ratio of Globus Maritime is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.

Interpreting P/E Ratio Fluctuations

Fluctuations in Globus Maritime’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.

Frequently Asked Questions about Globus Maritime Stock

What is the price-to-earnings ratio of Globus Maritime?

The price-earnings ratio of Globus Maritime is currently 8.21.

How has the price-earnings ratio of Globus Maritime changed compared to last year?

The price-to-earnings ratio of Globus Maritime has increased by 123.71% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Globus Maritime high compared to other companies?

Yes, the price-to-earnings ratio of Globus Maritime is high compared to other companies.

How does an increase in the price-earnings ratio of Globus Maritime affect the company?

An increase in the price-earnings ratio of Globus Maritime would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Globus Maritime affect the company?

A decrease in the price-earnings ratio of Globus Maritime would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Globus Maritime?

Some factors that influence the price-earnings ratio of Globus Maritime are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Globus Maritime pay?

Over the past 12 months, Globus Maritime paid a dividend of 980 USD . This corresponds to a dividend yield of about 49,746.19 %. For the coming 12 months, Globus Maritime is expected to pay a dividend of 0 USD.

What is the dividend yield of Globus Maritime?

The current dividend yield of Globus Maritime is 49,746.19 %.

When does Globus Maritime pay dividends?

Globus Maritime pays a quarterly dividend. This is distributed in the months of July, November, April, June.

How secure is the dividend of Globus Maritime?

Globus Maritime paid dividends every year for the past 0 years.

What is the dividend of Globus Maritime?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Globus Maritime located?

Globus Maritime is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Globus Maritime kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Globus Maritime from 5/31/2012 amounting to 0.085 USD, you needed to have the stock in your portfolio before the ex-date on 5/23/2012.

When did Globus Maritime pay the last dividend?

The last dividend was paid out on 5/31/2012.

What was the dividend of Globus Maritime in the year 2023?

In the year 2023, Globus Maritime distributed 0 USD as dividends.

In which currency does Globus Maritime pay out the dividend?

The dividends of Globus Maritime are distributed in USD.

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Andere Kennzahlen von Globus Maritime

Our stock analysis for Globus Maritime Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Globus Maritime Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.