Nordic American Tankers Limited (NAT) P/E Ratio History
ExpensiveTrading at 100.9x vs 5Y avg 61.6x · 90th percentile · Material premium to history · Data 2005–2026
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P/E Ratio Analysis
As of June 21, 2026, Nordic American Tankers Limited (NAT) trades at a price-to-earnings ratio of 100.9x, with a stock price of $5.85 and trailing twelve-month earnings per share of $0.26.
The current P/E is 64% above its 5-year average of 61.6x. Over the past five years, NAT's P/E has ranged from a low of 5.6x to a high of 549.0x, placing the current valuation at the 90th percentile of its historical range.
Compared to the Industrials sector median P/E of 25.6x, NAT trades at a 294% premium to its sector peers. The sector includes 403 companies with P/E ratios ranging from 0.1x to 198.8x.
Relative to the broader market, NAT commands a significant premium over the S&P 500 median P/E of 24.4x. Investors should consider the company's growth prospects, competitive position, and earnings quality when evaluating whether the current valuation is justified.
For a comprehensive intrinsic value estimate using discounted cash flow analysis, see our NAT DCF Valuation Calculator →
Note: P/E ratio is just one valuation metric. It does not account for balance sheet strength, cash flow quality, or growth sustainability. Always conduct comprehensive due diligence before making investment decisions.
NAT Cross-Benchmark Valuation
How does the current P/E compare to sector peers and the broader market?
NAT P/E vs Peers
Oil and Product Tankers peers sorted by market cap
| Company | Market Cap | P/E Ratio | PEG Ratio | EPS Growth (1Y) |
|---|---|---|---|---|
| $3B | 7.4 | 0.23Best | -13% | |
| $4B | 13.6 | - | -26% | |
| $3B | 14.4 | - | +17% | |
| $4B | 11.5 | 0.34 | -47% | |
| $1B | 10.4 | - | -20% | |
| $9B | 24.1 | - | -24% | |
| $697M | 19.4 | - | -71% | |
| $203M | 4.1Lowest | 4.04 | +49%Best | |
| $1B | 8.6 | - | -12% | |
| $584B | 20.6 | - | -15% |
Lower P/E can signal a discount or weaker growth expectations; PEG adds growth context.
NAT Historical P/E Data (2005–2026)
Quarterly P/E ratios calculated from closing price and TTM EPS
| Quarter | Period End | Price | TTM EPS | P/E Ratio | vs Avg |
|---|---|---|---|---|---|
| FY2026 Q1 | - | $5.86 | $0.26 | 22.7x | -84% |
| FY2025 Q4 | Dec 31 2025 | $3.44 | $0.06 | 59.3x | -59% |
| FY2025 Q3 | - | $3.14 | $0.01 | 345.1x | +141% |
| FY2025 Q2 | Jun 30 2025 | $2.63 | $0.06 | 41.2x | -71% |
| FY2025 Q1 | Mar 31 2025 | $2.46 | $0.17 | 14.7x | -90% |
| FY2024 Q4 | - | $2.50 | $0.22 | 11.4x | -92% |
| FY2024 Q3 | Sep 30 2024 | $3.67 | $0.29 | 12.5x | -91% |
| FY2024 Q2 | Jun 30 2024 | $3.98 | $0.29 | 13.8x | -90% |
| FY2024 Q1 | Mar 31 2024 | $3.92 | $0.32 | 12.3x | -91% |
| FY2023 Q4 | Dec 31 2023 | $4.20 | $0.47 | 9.0x | -94% |
| FY2023 Q3 | Sep 30 2023 | $4.12 | $0.56 | 7.4x | -95% |
| FY2023 Q2 | Jun 30 2023 | $3.67 | $0.57 | 6.5x | -95% |
| FY2023 Q1 | Mar 31 2023 | $3.96 | $0.42 | 9.5x | -93% |
| FY2022 Q4 | Dec 31 2022 | $3.06 | $0.06 | 53.2x | -63% |
| FY2020 Q4 | - | $2.95 | $0.34 | 8.6x | -94% |
| FY2020 Q3 | Sep 30 2020 | $3.49 | $0.62 | 5.6x | -96% |
| FY2020 Q2 | - | $4.06 | $0.59 | 6.8x | -95% |
| FY2020 Q1 | - | $4.53 | $0.15 | 29.5x | -79% |
| FY2016 Q4 | Dec 31 2016 | $8.40 | $0.02 | 549.0x | +283% |
| FY2016 Q3 | Sep 30 2016 | $10.11 | $0.74 | 13.7x | -90% |
| FY2016 Q2 | - | $13.89 | $1.11 | 12.5x | -91% |
| FY2016 Q1 | - | $14.09 | $1.31 | 10.8x | -92% |
| FY2015 Q4 | - | $15.54 | $1.29 | 12.0x | -92% |
| FY2015 Q3 | Sep 30 2015 | $15.20 | $0.93 | 16.3x | -89% |
| FY2015 Q2 | - | $14.23 | $0.65 | 21.8x | -85% |
| FY2015 Q1 | - | $11.91 | $0.11 | 105.7x | -26% |
| FY2010 Q3 | - | $26.76 | $0.17 | 160.9x | +12% |
| FY2010 Q2 | Jun 30 2010 | $28.09 | $0.01 | 4458.7x | +3014% |
| FY2009 Q4 | - | $30.00 | $0.07 | 410.4x | +187% |
| FY2009 Q3 | Sep 30 2009 | $29.58 | $0.63 | 47.2x | -67% |
| FY2009 Q2 | - | $31.82 | $2.15 | 14.8x | -90% |
| FY2009 Q1 | - | $29.30 | $3.25 | 9.0x | -94% |
| FY2008 Q4 | Dec 31 2008 | $33.75 | $3.58 | 9.4x | -93% |
| FY2008 Q3 | - | $32.06 | $3.18 | 10.1x | -93% |
| FY2008 Q2 | Jun 30 2008 | $38.82 | $1.90 | 20.5x | -86% |
| FY2008 Q1 | Mar 31 2008 | $28.00 | $1.58 | 17.8x | -88% |
| FY2007 Q4 | Dec 31 2007 | $32.82 | $1.65 | 19.9x | -86% |
| FY2007 Q3 | Sep 30 2007 | $39.24 | $2.10 | 18.7x | -87% |
| FY2007 Q2 | Jun 30 2007 | $40.84 | $3.11 | 13.1x | -91% |
| FY2007 Q1 | Mar 31 2007 | $36.25 | $3.18 | 11.4x | -92% |
| FY2006 Q4 | Dec 31 2006 | $34.15 | $2.33 | 14.7x | -90% |
| FY2006 Q3 | Sep 30 2006 | $34.80 | $3.01 | 11.6x | -92% |
| FY2006 Q2 | Jun 30 2006 | $36.45 | $2.30 | 15.8x | -89% |
| FY2006 Q1 | Mar 31 2006 | $28.86 | $2.00 | 14.4x | -90% |
| FY2005 Q4 | Dec 31 2005 | $28.79 | $2.63 | 10.9x | -92% |
| FY2005 Q3 | Sep 30 2005 | $37.77 | $2.49 | 15.2x | -89% |
| FY2005 Q2 | - | $42.45 | $2.94 | 14.4x | -90% |
Average P/E for displayed period: 143.2x
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
21+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
NAT — Frequently Asked Questions
Quick answers to the most common questions about buying NAT stock.
What is NAT's P/E ratio?
Nordic American Tankers Limited (NAT) trailing twelve-month P/E ratio is 100.9x, based on TTM diluted EPS of $0.26. The 5-year average P/E is 61.6x and the historical range spans 5.6x to 549.0x.
Is NAT stock overvalued or undervalued?
NAT trades at 100.9x P/E, above its 5-year average of 61.6x. The 90th percentile ranking within the 5.6x–549.0x historical range indicates a premium to historical valuation.
Is NAT stock expensive?
Yes, NAT is expensive relative to its own history. The current P/E of 100.9x is above the 5-year average of 61.6x and also above the Industrials sector median of 25.6x. The stock sits at the 90th percentile of its 5-year valuation range.
What is NAT's historical P/E range?
Over the past 5 years, NAT's P/E ratio has ranged from 5.6x to 549.0x, with a median of 13.7x and an average of 61.6x. The current P/E of 100.9x places the stock at the 90th percentile of this range. Full historical data spans 2005–2026.
How does NAT's P/E compare to the S&P 500?
NAT trades at 100.9x P/E versus the S&P 500 median of 24.4x. The 314% premium to the market typically reflects higher expected earnings growth or quality.
How does NAT's valuation compare to Industrials peers?
Nordic American Tankers Limited P/E of 100.9x compares to the Industrials sector median of 25.6x. The premium reflects expected growth above peers or stronger fundamentals. See the peer comparison table on this page for ticker-by-ticker P/E and PEG.
What is NAT's PEG ratio?
NAT PEG ratio is N/A, based on a P/E of 100.9x and EPS growth of -73.6%. PEG normalises P/E by growth and helps compare stocks with different earnings trajectories.
What is NAT's earnings yield?
NAT earnings yield is 0.99%, the inverse of its 100.9x P/E ratio. Earnings yield represents the percentage of each dollar invested that the company earns. It can be compared directly to bond yields to assess relative attractiveness of stocks versus fixed income.