Belships ASA
BELCO
Rank in Stocks
#13320
Belships ASA is a global maritime firm engaged in the ownership and management... Belships ASA is a global maritime firm engaged in the ownership and management of dry bulk vessels. Its operations are divided into three core segments: Own Ships, Lighthouse Navigation, and Ship Management. The company boasts a fleet of 34 Supra/Ultramax bulk carriers. Additionally, it offers a comprehensive suite of services, including commercial and technical ship management, crewing solutions, port agency, and logistical support. Belships ASA was founded in 1918 and is headquartered in Oslo, Norway.
Share Price
$1.89
Last synced: 2025-04-04
Market Cap
$477.67M
Change (1 day)
-4.23%
Change (1 year)
-11.40%
Country
NO
Trade Belships ASA (BELCO)
Category
Industrials
P/E ratio for Belships ASA (BELCO)
P/E ratio as of October 2026 TTM: 7.19
According to Belships ASA latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.19. At the end of 2023 the company had a P/E ratio of 6.18.
P/E ratio history for Belships ASA from 2016 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 7.19 | -6.37% |
| 2024 | 7.68 | 24.34% |
| 2023 | 6.18 | 145.06% |
| 2022 | 2.52 | -34.77% |
| 2021 | 3.87 | -150.49% |
| 2020 | -7.66 | -115.48% |
| 2019 | 49.47 | 1,442.69% |
| 2018 | 3.21 | 75.13% |
| 2017 | 1.83 | -222.32% |
| 2016 | -1.50 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
KR
|
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| - | - |
DK
|
|
| 29.99 | 317.01% |
IN
|
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| - | - |
CN
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| - | - |
DE
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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.