Tsakos Energy Navigation Stock

Tsakos Energy Navigation P/S 2024

Tsakos Energy Navigation P/S

1.24

Ticker

TNP

ISIN

BMG9108L1735

WKN

A2P7ML

As of Sep 26, 2024, Tsakos Energy Navigation's P/S ratio stood at 1.24, a 113.79% change from the 0.58 P/S ratio recorded in the previous year.

The Tsakos Energy Navigation P/S history

Tsakos Energy Navigation Aktienanalyse

What does Tsakos Energy Navigation do?

Tsakos Energy Navigation (TEN) Ltd. is a global shipping and energy company headquartered in Athens, Greece. The company was founded in 1993 by the Tsakos family and has been listed on the New York Stock Exchange since 2002. TEN's history began in the 1960s when the Tsakos family invested in shipping. Since then, the company has established a strong presence in the maritime transportation sector and is now one of the largest independent shipping companies in the world. TEN's business model is focused on the transportation of crude oil, gas, and petroleum products. The company owns and operates a fleet of modern vessels suitable for the transportation of liquefied gas, crude oil products, and chemical shipping. The ships are operated by trained mariners and engineers and are equipped with state-of-the-art technology to ensure passenger safety and environmental protection. TEN is divided into different business segments to ensure targeted and effective service to its customers. These segments include cargo shipping, offshore business, and energy services. TEN's cargo shipping segment focuses on the transportation of crude oil, liquefied gas, propylene, butane, and other chemical products. The company has a fleet of modern supertankers and gas and chemical carriers that enable it to operate worldwide. TEN's offshore business segment includes the use of offshore supply vessels for oil and gas platforms and subsea shipping. The supply vessels play an essential role in supplying fresh water, fuel, food, materials, and equipment to oil and gas drilling rigs. The energy services offered by TEN encompass a variety of services for the energy and oil sectors. TEN provides towing, search and rescue, ship management, and technical services to oil and gas producers, government authorities, as well as the processing and refining industry. The products and services offered by TEN are essential for an international and growing global economy. The company transports thousands of tons of raw materials and chemicals daily, which are necessary for the advancement of industry and daily life. In conclusion, Tsakos Energy Navigation Ltd. is a globally operating company specializing in the transportation of crude oil, liquefied gas, and chemical products. With its diverse business segments and modern fleet, TEN has everything it takes to provide reliable and efficient service to its customers. Tsakos Energy Navigation ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Tsakos Energy Navigation's P/S Ratio

Tsakos Energy Navigation's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Tsakos Energy Navigation's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Tsakos Energy Navigation's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Tsakos Energy Navigation’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Tsakos Energy Navigation stock

What is the price-to-earnings ratio of Tsakos Energy Navigation?

The price-earnings ratio of Tsakos Energy Navigation is currently 1.24.

How has the price-earnings ratio of Tsakos Energy Navigation changed compared to last year?

The price-to-earnings ratio of Tsakos Energy Navigation has increased by 113.79% 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 Tsakos Energy Navigation high compared to other companies?

Yes, the price-to-earnings ratio of Tsakos Energy Navigation is high compared to other companies.

How does an increase in the price-earnings ratio of Tsakos Energy Navigation affect the company?

An increase in the price-earnings ratio of Tsakos Energy Navigation 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 Tsakos Energy Navigation affect the company?

A decrease in the price-earnings ratio of Tsakos Energy Navigation 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 Tsakos Energy Navigation?

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

How much dividend does Tsakos Energy Navigation pay?

Over the past 12 months, Tsakos Energy Navigation paid a dividend of 1 USD . This corresponds to a dividend yield of about 3.9 %. For the coming 12 months, Tsakos Energy Navigation is expected to pay a dividend of 1.09 USD.

What is the dividend yield of Tsakos Energy Navigation?

The current dividend yield of Tsakos Energy Navigation is 3.9 %.

When does Tsakos Energy Navigation pay dividends?

Tsakos Energy Navigation pays a quarterly dividend. This is distributed in the months of July, November, January, August.

How secure is the dividend of Tsakos Energy Navigation?

Tsakos Energy Navigation paid dividends every year for the past 23 years.

What is the dividend of Tsakos Energy Navigation?

For the upcoming 12 months, dividends amounting to 1.09 USD are expected. This corresponds to a dividend yield of 4.26 %.

In which sector is Tsakos Energy Navigation located?

Tsakos Energy Navigation is assigned to the 'Energy' sector.

Wann musste ich die Aktien von Tsakos Energy Navigation kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Tsakos Energy Navigation from 7/18/2024 amounting to 0.6 USD, you needed to have the stock in your portfolio before the ex-date on 7/12/2024.

When did Tsakos Energy Navigation pay the last dividend?

The last dividend was paid out on 7/18/2024.

What was the dividend of Tsakos Energy Navigation in the year 2023?

In the year 2023, Tsakos Energy Navigation distributed 0.25 USD as dividends.

In which currency does Tsakos Energy Navigation pay out the dividend?

The dividends of Tsakos Energy Navigation are distributed in USD.

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Andere Kennzahlen von Tsakos Energy Navigation

Our stock analysis for Tsakos Energy Navigation 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 Tsakos Energy Navigation Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.