Golden Ocean Group (GOGL.OL) PEG Ratio
Market Cap: $16.80B
Avg Volume: 565.50K
Industry: Marine Shipping
Sector: Industrials
PEG Ratio Summary
- Golden Ocean Group's trailing twelve month (TTM) PEG ratio is -0.96.
- Golden Ocean Group's annual PEG ratio as of today is 0.08.
- Golden Ocean Group's quarterly PEG ratio is -0.40.
What is the PEG Ratio?
The PEG ratio (Price/Earnings to Growth ratio) is a valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth. A lower PEG ratio suggests that a stock may be undervalued given its earnings performance and growth potential.
How is the PEG Ratio calculated?
The PEG ratio is calculated by dividing the P/E ratio by the annual EPS growth. The formula is:
PEG Ratio = (P/E Ratio) / (EPS Growth Rate)
This helps investors to determine a stock's value while considering the company's earnings growth.
Related Metrics
Other important metrics to assess Golden Ocean Group's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 8.02
- Quarterly: 11.45
- TTM: 7.15
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 1.85
- Quarterly: 8.47
- TTM: 1.65
- P/B Ratio (Price to Book Ratio) - compares the company's market value to its book value:
- Annual: 0.94
- Quarterly: 0.94
- TTM: 0.84
- P/CF Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 4.90
- Quarterly: 24.91
- TTM: 4.37
These metrics provide insights into Golden Ocean Group's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
TTM PEG Ratio
-0.96
Annual PEG Ratio
0.08
Quarterly PEG Ratio
-0.40
Golden Ocean Group Historical PEG Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/B Ratio
Historical P/CF Ratio
Golden Ocean Group Historical Financial Metrics
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2024.
| Year | PEG Ratio | P/E Ratio | P/S Ratio | P/B Ratio | P/CF Ratio |
|---|---|---|---|---|---|
| 2024 | 0.08 | 8.02 | 1.85 | 0.94 | 4.90 |
| 2023 | -0.23 | 17.38 | 2.20 | 1.02 | 7.33 |
| 2022 | -0.24 | 3.78 | 1.57 | 0.91 | 3.46 |
| 2021 | -0.01 | 3.39 | 1.49 | 0.93 | 3.19 |
| 2020 | 0.01 | -4.83 | 1.09 | 0.49 | 4.73 |
| 2019 | -0.40 | 22.46 | 1.18 | 0.55 | 5.27 |
| 2018 | 0.00 | 10.50 | 1.35 | 0.58 | 4.76 |
| 2017 | 4.56 | -449.39 | 2.29 | 0.71 | 11.15 |
| 2016 | 0.04 | -3.51 | 1.74 | 0.36 | -19.46 |
| 2015 | 0.00 | -0.73 | 0.85 | 0.14 | -10.91 |
| 2014 | -0.05 | 16.13 | 2.67 | 0.29 | 10.38 |
| 2013 | 0.70 | -65.51 | 6.81 | 0.83 | 20.76 |
| 2012 | 0.01 | -2.61 | 3.73 | 0.50 | 3.79 |
| 2011 | -0.33 | 11.10 | 3.84 | 1.01 | 8.51 |
| 2010 | 0.20 | 11.99 | 4.82 | 1.23 | 7.40 |
Related Metrics
Explore detailed financial metrics and analysis for GOGL.OL.