Ardmore Shipping Corporation
ASC Industrials Marine Shipping
Ardmore Shipping Corporation’s revenue for fiscal 2025 (year ended December 2025) was $310.2 million, down 23.6% from fiscal 2024. In the quarter to June 2026, revenue grew 61.3%, EPS grew 572.7%, free cash flow grew 8,990.9% and total debt rose 33.5%, each against the same quarter a year earlier.
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Ardmore Shipping Corporation (ASC) P/E ratio
As of 16 October 2026, Ardmore Shipping Corporation (ASC) trades at a P/E ratio of 7.3×. Over the past ten years it has ranged from 0.0× (September 2022) to 245× (February 2015); the current reading is higher than 73% of that period. That is below the Marine Shipping industry median of 8.4× and below the Industrials sector median of 24.7×.
P/E ratio, daily
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Annual newest first
| Period | P/E ratio | Change |
|---|---|---|
| FY2025 | 11.9× | 201.64% |
| FY2024 | 3.9× | (24.14%) |
| FY2023 | 5.2× | 29.16% |
| FY2022 | 4.0× | — |
| FY2021 | 0.0× | — |
| FY2020 | 0.0× | — |
| FY2019 | 0.0× | — |
| FY2018 | 0.0× | — |
| FY2017 | 0.0× | — |
| FY2016 | 35.7× | 245.35% |
Quarterly newest first
| Period | P/E ratio | Change |
|---|---|---|
| Jun 2026 | 5.4× | (52.82%) |
| Mar 2026 | 11.5× | (3.64%) |
| Dec 2025 | 11.9× | (21.81%) |
| Sep 2025 | 15.2× | 63.28% |
| 42 more quarters | Free account |
Against its own ten years
P/E ratio against peers
| Company | P/E ratio |
|---|---|
| ESEA Euroseas Ltd. compare | 3.4× |
| GSL Global Ship Lease, Inc. compare | 4.0× |
| ASC Ardmore Shipping Corporation | 7.3× |
| SB Safe Bulkers, Inc compare | 10.1× |
| PANL Pangaea Logistics Solutions Ltd. compare | 10.1× |
| CCEC Capital Clean Energy Carriers Corp. compare | 10.9× |
| CMDB Costamare Bulkers Holdings Limited compare | 11.7× |
| HSHP Himalaya Shipping Ltd. compare | 14.2× |
| GNK Genco Shipping & Trading Limited compare | 26.7× |
| Marine Shipping industry median | 8.4× |
| Industrials sector median | 24.7× |
| Market median | 18.1× |
What P/E ratio is
Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.
Stock Price ÷ EPS (Basic) (TTM)