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The Great Eastern Shipping Company Limited
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Let's analyse The Great Eastern Shipping Company Limited together

PenkeI guess you are interested in The Great Eastern Shipping Company Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of The Great Eastern Shipping Company Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of The Great Eastern Shipping Company Limited (30 sec.)










What can you expect buying and holding a share of The Great Eastern Shipping Company Limited? (30 sec.)

How much money do you get?

How much money do you get?
INR1.21
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR718.28
Expected worth in 1 year
INR1,396.76
How sure are you?
70.0%

+ What do you gain per year?

Total Gains per Share
INR779.08
Return On Investment
77.8%

For what price can you sell your share?

Current Price per Share
INR1,001.25
Expected price per share
INR882.08 - INR1,027
How sure are you?
50%

1. Valuation of The Great Eastern Shipping Company Limited (5 min.)




Live pricePrice per Share (EOD)

INR1,001.25

Intrinsic Value Per Share

INR1,053.88 - INR2,193.27

Total Value Per Share

INR1,772.16 - INR2,911.55

2. Growth of The Great Eastern Shipping Company Limited (5 min.)




Is The Great Eastern Shipping Company Limited growing?

Current yearPrevious yearGrowGrow %
How rich?$1.2b$966.1m$266.8m21.6%

How much money is The Great Eastern Shipping Company Limited making?

Current yearPrevious yearGrowGrow %
Making money$309m$75.5m$233.4m75.5%
Net Profit Margin45.3%18.1%--

How much money comes from the company's main activities?

3. Financial Health of The Great Eastern Shipping Company Limited (5 min.)




4. Comparing to competitors in the Marine Shipping industry (5 min.)




  Industry Rankings (Marine Shipping)  


Richest
#50 / 195

Most Revenue
#35 / 195

Most Profit
#16 / 195

What can you expect buying and holding a share of The Great Eastern Shipping Company Limited? (5 min.)

Welcome investor! The Great Eastern Shipping Company Limited's management wants to use your money to grow the business. In return you get a share of The Great Eastern Shipping Company Limited.

What can you expect buying and holding a share of The Great Eastern Shipping Company Limited?

First you should know what it really means to hold a share of The Great Eastern Shipping Company Limited. And how you can make/lose money.

Speculation

The Price per Share of The Great Eastern Shipping Company Limited is INR1,001. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of The Great Eastern Shipping Company Limited.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in The Great Eastern Shipping Company Limited, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR718.28. Based on the TTM, the Book Value Change Per Share is INR169.62 per quarter. Based on the YOY, the Book Value Change Per Share is INR25.44 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR25.15 per quarter.
Based on historical numbers we can estimate the returns while holding a share of The Great Eastern Shipping Company Limited.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps2.160.2%2.160.2%0.510.1%0.710.1%0.590.1%
Usd Book Value Change Per Share2.040.2%2.040.2%0.310.0%0.620.1%0.360.0%
Usd Dividend Per Share0.300.0%0.300.0%0.160.0%0.140.0%0.130.0%
Usd Total Gains Per Share2.340.2%2.340.2%0.470.0%0.770.1%0.490.0%
Usd Price Per Share7.73-7.73-4.14-4.30-4.27-
Price to Earnings Ratio3.58-3.58-8.05--33.84--16.39-
Price-to-Total Gains Ratio3.31-3.31-8.86--72.53--37.49-
Price to Book Ratio0.90-0.90-0.63-0.64-0.69-
Price-to-Total Gains Ratio3.31-3.31-8.86--72.53--37.49-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share12.015
Number of shares83
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.300.14
Usd Book Value Change Per Share2.040.62
Usd Total Gains Per Share2.340.77
Gains per Quarter (83 shares)193.9963.59
Gains per Year (83 shares)775.96254.37
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
110067676648207244
22001352154295414498
330120272318143621752
4401270330941908271006
55013379387023810341260
66014055464628512411514
77014730542233314481768
88025406619838016552022
99026082697442818622276
1010026758775047520682530

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%8.02.00.080.0%17.02.00.089.5%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%15.04.00.078.9%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%19.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%4.01.00.080.0%7.03.00.070.0%16.03.00.084.2%

Fundamentals of The Great Eastern Shipping Company Limited

About The Great Eastern Shipping Company Limited

The Great Eastern Shipping Company Limited, through its subsidiaries, engages in the shipping and offshore businesses in India and internationally. The company is involved in the transportation of crude oil, petroleum products, and gas and dry bulk commodities. It operates a fleet of 42 vessels comprising 28 tankers, including 6 crude carriers, 18 product carriers, and 4 LPG carriers; and 14 dry bulk carriers with an aggregating 3.36 million dwt. The company also offers offshore oilfield services, which include the ownership and/or operation of offshore supply vessels and mobile offshore drilling rigs. The company was incorporated in 1948 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-03-09 14:06:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is very efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very efficient.
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of The Great Eastern Shipping Company Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit The Great Eastern Shipping Company Limited earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • A Net Profit Margin of 45.3% means that ₹0.45 for each ₹1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 45.3%. The company is making a huge profit. +2
  • The TTM is 45.3%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ45.3%TTM45.3%0.0%
TTM45.3%YOY18.1%+27.1%
TTM45.3%5Y19.2%+26.1%
5Y19.2%10Y18.1%+1.1%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ45.3%12.9%+32.4%
TTM45.3%13.6%+31.7%
YOY18.1%16.6%+1.5%
5Y19.2%10.7%+8.5%
10Y18.1%8.4%+9.7%
1.1.2. Return on Assets

Shows how efficient The Great Eastern Shipping Company Limited is using its assets to generate profit.

  • Above 5% is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • 16.9% Return on Assets means that The Great Eastern Shipping Company Limited generated ₹0.17 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 16.9%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 16.9%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ16.9%TTM16.9%0.0%
TTM16.9%YOY4.5%+12.4%
TTM16.9%5Y5.9%+11.1%
5Y5.9%10Y4.8%+1.0%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ16.9%1.3%+15.6%
TTM16.9%1.6%+15.3%
YOY4.5%2.1%+2.4%
5Y5.9%1.4%+4.5%
10Y4.8%1.1%+3.7%
1.1.3. Return on Equity

Shows how efficient The Great Eastern Shipping Company Limited is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • 25.1% Return on Equity means The Great Eastern Shipping Company Limited generated ₹0.25 for each ₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 25.1%. Using its investors money, the company is very efficient in making profit. +2
  • The TTM is 25.1%. Using its investors money, the company is very efficient in making profit. +2
Trends
Current periodCompared to+/- 
MRQ25.1%TTM25.1%0.0%
TTM25.1%YOY7.8%+17.2%
TTM25.1%5Y9.5%+15.6%
5Y9.5%10Y8.6%+0.9%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ25.1%2.6%+22.5%
TTM25.1%2.8%+22.3%
YOY7.8%4.5%+3.3%
5Y9.5%2.9%+6.6%
10Y8.6%2.4%+6.2%

1.2. Operating Efficiency of The Great Eastern Shipping Company Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient The Great Eastern Shipping Company Limited is operating .

  • Measures how much profit The Great Eastern Shipping Company Limited makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • An Operating Margin of 49.9% means the company generated ₹0.50  for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 49.9%. The company is operating very efficient. +2
  • The TTM is 49.9%. The company is operating very efficient. +2
Trends
Current periodCompared to+/- 
MRQ49.9%TTM49.9%0.0%
TTM49.9%YOY21.7%+28.2%
TTM49.9%5Y27.2%+22.7%
5Y27.2%10Y29.1%-1.9%
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ49.9%19.5%+30.4%
TTM49.9%10.4%+39.5%
YOY21.7%18.8%+2.9%
5Y27.2%13.9%+13.3%
10Y29.1%11.1%+18.0%
1.2.2. Operating Ratio

Measures how efficient The Great Eastern Shipping Company Limited is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Marine Shipping industry mean).
  • An Operation Ratio of 0.58 means that the operating costs are ₹0.58 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 0.584. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.584. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.584TTM0.5840.000
TTM0.584YOY0.791-0.208
TTM0.5845Y0.757-0.173
5Y0.75710Y0.750+0.007
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5841.385-0.801
TTM0.5841.333-0.749
YOY0.7911.317-0.526
5Y0.7571.356-0.599
10Y0.7501.176-0.426

1.3. Liquidity of The Great Eastern Shipping Company Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if The Great Eastern Shipping Company Limited is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Marine Shipping industry mean).
  • A Current Ratio of 4.52 means the company has ₹4.52 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 4.522. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.522. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.522TTM4.5220.000
TTM4.522YOY3.398+1.124
TTM4.5225Y3.404+1.118
5Y3.40410Y2.631+0.773
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ4.5221.413+3.109
TTM4.5221.464+3.058
YOY3.3981.413+1.985
5Y3.4041.346+2.058
10Y2.6311.285+1.346
1.3.2. Quick Ratio

Measures if The Great Eastern Shipping Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • A Quick Ratio of 6.31 means the company can pay off ₹6.31 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 6.309. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 6.309. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ6.309TTM6.3090.000
TTM6.309YOY4.877+1.432
TTM6.3095Y4.774+1.535
5Y4.77410Y3.718+1.057
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ6.3090.671+5.638
TTM6.3090.728+5.581
YOY4.8770.865+4.012
5Y4.7740.849+3.925
10Y3.7180.852+2.866

1.4. Solvency of The Great Eastern Shipping Company Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of The Great Eastern Shipping Company Limited assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare The Great Eastern Shipping Company Limited to Marine Shipping industry mean.
  • A Debt to Asset Ratio of 0.32 means that The Great Eastern Shipping Company Limited assets are financed with 32.4% credit (debt) and the remaining percentage (100% - 32.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 0.324. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.324. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.324TTM0.3240.000
TTM0.324YOY0.424-0.099
TTM0.3245Y0.448-0.123
5Y0.44810Y0.481-0.034
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3240.416-0.092
TTM0.3240.433-0.109
YOY0.4240.451-0.027
5Y0.4480.478-0.030
10Y0.4810.488-0.007
1.4.2. Debt to Equity Ratio

Measures if The Great Eastern Shipping Company Limited is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • A Debt to Equity ratio of 48.0% means that company has ₹0.48 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of The Great Eastern Shipping Company Limited:

  • The MRQ is 0.480. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.480. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.480TTM0.4800.000
TTM0.480YOY0.735-0.255
TTM0.4805Y0.839-0.359
5Y0.83910Y0.953-0.113
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4800.739-0.259
TTM0.4800.798-0.318
YOY0.7350.851-0.116
5Y0.8391.050-0.211
10Y0.9531.146-0.193

2. Market Valuation of The Great Eastern Shipping Company Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ₹1 in earnings The Great Eastern Shipping Company Limited generates.

  • Above 15 is considered overpriced but always compare The Great Eastern Shipping Company Limited to the Marine Shipping industry mean.
  • A PE ratio of 3.58 means the investor is paying ₹3.58 for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of The Great Eastern Shipping Company Limited:

  • The EOD is 5.562. Based on the earnings, the company is cheap. +2
  • The MRQ is 3.581. Based on the earnings, the company is cheap. +2
  • The TTM is 3.581. Based on the earnings, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.562MRQ3.581+1.982
MRQ3.581TTM3.5810.000
TTM3.581YOY8.048-4.468
TTM3.5815Y-33.842+37.422
5Y-33.84210Y-16.387-17.454
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD5.5628.131-2.569
MRQ3.5818.125-4.544
TTM3.5816.331-2.750
YOY8.0485.048+3.000
5Y-33.8429.221-43.063
10Y-16.38711.117-27.504
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of The Great Eastern Shipping Company Limited:

  • The EOD is 5.708. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The MRQ is 3.675. Based on how much money comes from the company's main activities, the company is cheap. +2
  • The TTM is 3.675. Based on how much money comes from the company's main activities, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD5.708MRQ3.675+2.034
MRQ3.675TTM3.6750.000
TTM3.675YOY6.772-3.097
TTM3.6755Y6.891-3.217
5Y6.89110Y-0.786+7.678
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD5.7084.325+1.383
MRQ3.6754.261-0.586
TTM3.6753.070+0.605
YOY6.7722.906+3.866
5Y6.8912.100+4.791
10Y-0.7861.391-2.177
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of The Great Eastern Shipping Company Limited is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Marine Shipping industry mean).
  • A PB ratio of 0.90 means the investor is paying ₹0.90 for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of The Great Eastern Shipping Company Limited:

  • The EOD is 1.394. Based on the equity, the company is underpriced. +1
  • The MRQ is 0.897. Based on the equity, the company is cheap. +2
  • The TTM is 0.897. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD1.394MRQ0.897+0.497
MRQ0.897TTM0.8970.000
TTM0.897YOY0.629+0.268
TTM0.8975Y0.641+0.256
5Y0.64110Y0.688-0.046
Compared to industry (Marine Shipping)
PeriodCompanyIndustry (mean)+/- 
EOD1.3940.929+0.465
MRQ0.8970.907-0.010
TTM0.8970.906-0.009
YOY0.6290.978-0.349
5Y0.6410.957-0.316
10Y0.6881.061-0.373
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of The Great Eastern Shipping Company Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--169.621169.6210%25.441+567%51.916+227%30.274+460%
Book Value Per Share--718.277718.2770%548.656+31%539.464+33%512.034+40%
Current Ratio--4.5224.5220%3.398+33%3.404+33%2.631+72%
Debt To Asset Ratio--0.3240.3240%0.424-23%0.448-28%0.481-33%
Debt To Equity Ratio--0.4800.4800%0.735-35%0.839-43%0.953-50%
Dividend Per Share--25.14925.1490%13.520+86%11.932+111%10.785+133%
Eps--180.000180.0000%42.910+319%59.556+202%49.376+265%
Free Cash Flow Per Share--175.406175.4060%50.998+244%74.343+136%49.145+257%
Free Cash Flow To Equity Per Share--43.05943.0590%-30.000+170%-13.840+132%-21.496+150%
Gross Profit Margin--1.0001.0000%1.0000%1.159-14%1.077-7%
Intrinsic Value_10Y_max--2193.274--------
Intrinsic Value_10Y_min--1053.884--------
Intrinsic Value_1Y_max--118.711--------
Intrinsic Value_1Y_min--64.029--------
Intrinsic Value_3Y_max--433.706--------
Intrinsic Value_3Y_min--229.533--------
Intrinsic Value_5Y_max--841.568--------
Intrinsic Value_5Y_min--434.484--------
Market Cap142945466760.000+35%92206564326.00092206564326.0000%50678696565.000+82%52522313518.560+76%52957281374.990+74%
Net Profit Margin--0.4530.4530%0.181+150%0.192+136%0.181+150%
Operating Margin--0.4990.4990%0.217+130%0.272+83%0.291+71%
Operating Ratio--0.5840.5840%0.791-26%0.757-23%0.750-22%
Pb Ratio1.394+36%0.8970.8970%0.629+43%0.641+40%0.688+31%
Pe Ratio5.562+36%3.5813.5810%8.048-56%-33.842+1045%-16.387+558%
Price Per Share1001.250+36%644.550644.5500%345.350+87%358.660+80%355.865+81%
Price To Free Cash Flow Ratio5.708+36%3.6753.6750%6.772-46%6.891-47%-0.786+121%
Price To Total Gains Ratio5.141+36%3.3093.3090%8.864-63%-72.526+2292%-37.491+1233%
Quick Ratio--6.3096.3090%4.877+29%4.774+32%3.718+70%
Return On Assets--0.1690.1690%0.045+276%0.059+189%0.048+251%
Return On Equity--0.2510.2510%0.078+220%0.095+164%0.086+191%
Total Gains Per Share--194.770194.7700%38.961+400%63.849+205%41.060+374%
Usd Book Value--1233043200.0001233043200.0000%966156000.000+28%951269760.000+30%915313920.000+35%
Usd Book Value Change Per Share--2.0352.0350%0.305+567%0.623+227%0.363+460%
Usd Book Value Per Share--8.6198.6190%6.584+31%6.474+33%6.144+40%
Usd Dividend Per Share--0.3020.3020%0.162+86%0.143+111%0.129+133%
Usd Eps--2.1602.1600%0.515+319%0.715+202%0.593+265%
Usd Free Cash Flow--301113600.000301113600.0000%89804400.000+235%130033200.000+132%86768640.000+247%
Usd Free Cash Flow Per Share--2.1052.1050%0.612+244%0.892+136%0.590+257%
Usd Free Cash Flow To Equity Per Share--0.5170.5170%-0.360+170%-0.166+132%-0.258+150%
Usd Market Cap1715345601.120+35%1106478771.9121106478771.9120%608144358.780+82%630267762.223+76%635487376.500+74%
Usd Price Per Share12.015+36%7.7357.7350%4.144+87%4.304+80%4.270+81%
Usd Profit--309001200.000309001200.0000%75561600.000+309%103413600.000+199%86590560.000+257%
Usd Revenue--682855200.000682855200.0000%416641200.000+64%473588640.000+44%434669520.000+57%
Usd Total Gains Per Share--2.3372.3370%0.468+400%0.766+205%0.493+374%
 EOD+4 -4MRQTTM+0 -0YOY+32 -35Y+32 -410Y+31 -5

3.2. Fundamental Score

Let's check the fundamental score of The Great Eastern Shipping Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-155.562
Price to Book Ratio (EOD)Between0-11.394
Net Profit Margin (MRQ)Greater than00.453
Operating Margin (MRQ)Greater than00.499
Quick Ratio (MRQ)Greater than16.309
Current Ratio (MRQ)Greater than14.522
Debt to Asset Ratio (MRQ)Less than10.324
Debt to Equity Ratio (MRQ)Less than10.480
Return on Equity (MRQ)Greater than0.150.251
Return on Assets (MRQ)Greater than0.050.169
Total9/10 (90.0%)

3.3. Technical Score

Let's check the technical score of The Great Eastern Shipping Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.491
Ma 20Greater thanMa 50985.133
Ma 50Greater thanMa 100972.604
Ma 100Greater thanMa 200930.301
OpenGreater thanClose1,013.900
Total5/5 (100.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2019-03-312020-03-312021-03-312022-03-312023-03-31
Total Other Income Expense Net -5,532,5003,608,100-1,924,400420,300-1,504,100-24,500-1,528,6003,993,8002,465,200



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets152,091,200
Total Liabilities49,337,600
Total Stockholder Equity102,753,600
 As reported
Total Liabilities 49,337,600
Total Stockholder Equity+ 102,753,600
Total Assets = 152,091,200

Assets

Total Assets152,091,200
Total Current Assets64,961,400
Long-term Assets87,129,800
Total Current Assets
Cash And Cash Equivalents 26,783,600
Short-term Investments 29,042,400
Net Receivables 5,770,200
Inventory 2,044,800
Other Current Assets 1,320,400
Total Current Assets  (as reported)64,961,400
Total Current Assets  (calculated)64,961,400
+/-0
Long-term Assets
Property Plant Equipment 84,789,000
Intangible Assets 57,900
Long-term Assets Other 490,100
Long-term Assets  (as reported)87,129,800
Long-term Assets  (calculated)85,337,000
+/- 1,792,800

Liabilities & Shareholders' Equity

Total Current Liabilities14,366,000
Long-term Liabilities34,971,600
Total Stockholder Equity102,753,600
Total Current Liabilities
Short-term Debt 6,110,800
Short Long Term Debt 6,020,000
Accounts payable 3,435,300
Other Current Liabilities 615,900
Total Current Liabilities  (as reported)14,366,000
Total Current Liabilities  (calculated)16,182,000
+/- 1,816,000
Long-term Liabilities
Long term Debt Total 30,383,100
Capital Lease Obligations 263,500
Long-term Liabilities Other 133,600
Long-term Liabilities  (as reported)34,971,600
Long-term Liabilities  (calculated)30,780,200
+/- 4,191,400
Total Stockholder Equity
Common Stock1,427,700
Retained Earnings 45,850,400
Accumulated Other Comprehensive Income 54,727,900
Other Stockholders Equity 747,600
Total Stockholder Equity (as reported)102,753,600
Total Stockholder Equity (calculated)102,753,600
+/-0
Other
Capital Stock1,427,700
Cash and Short Term Investments 55,826,000
Common Stock Shares Outstanding 143,056
Current Deferred Revenue4,204,000
Liabilities and Stockholders Equity 152,091,200
Net Debt 9,710,300
Net Invested Capital 138,984,000
Net Working Capital 50,595,400
Property Plant and Equipment Gross 84,789,000
Short Long Term Debt Total 36,493,900



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-312013-03-312012-03-312011-03-312010-03-312009-03-312008-03-312007-03-312006-03-312005-03-31
> Total Assets 
46,767,400
46,577,400
57,307,400
75,773,800
105,956,400
118,678,100
126,529,700
136,851,400
144,490,400
143,767,300
155,351,500
156,315,500
152,865,100
146,494,600
143,702,200
138,328,200
141,456,100
139,686,000
152,091,200
152,091,200139,686,000141,456,100138,328,200143,702,200146,494,600152,865,100156,315,500155,351,500143,767,300144,490,400136,851,400126,529,700118,678,100105,956,40075,773,80057,307,40046,577,40046,767,400
   > Total Current Assets 
14,266,900
16,245,400
15,325,700
15,794,200
27,133,500
21,847,900
17,687,700
41,046,700
46,301,300
40,088,900
42,545,000
41,418,500
48,760,200
45,670,900
43,608,400
43,353,800
48,525,800
49,046,400
64,961,400
64,961,40049,046,40048,525,80043,353,80043,608,40045,670,90048,760,20041,418,50042,545,00040,088,90046,301,30041,046,70017,687,70021,847,90027,133,50015,794,20015,325,70016,245,40014,266,900
       Cash And Cash Equivalents 
10,738,800
14,179,100
11,736,200
12,362,400
22,176,700
17,439,200
13,259,600
34,460,100
13,763,600
8,382,100
13,423,500
14,053,200
14,803,800
8,786,700
13,714,700
16,142,200
17,614,700
15,583,200
26,783,600
26,783,60015,583,20017,614,70016,142,20013,714,7008,786,70014,803,80014,053,20013,423,5008,382,10013,763,60034,460,10013,259,60017,439,20022,176,70012,362,40011,736,20014,179,10010,738,800
       Short-term Investments 
0
0
0
0
0
0
0
0
24,776,800
23,335,000
20,423,400
19,308,000
26,723,300
28,419,300
20,463,800
17,963,000
23,058,800
24,012,400
29,042,400
29,042,40024,012,40023,058,80017,963,00020,463,80028,419,30026,723,30019,308,00020,423,40023,335,00024,776,80000000000
       Net Receivables 
0
0
0
0
0
0
0
0
0
2,856,100
3,474,400
3,077,900
2,440,200
4,280,500
6,780,000
6,654,800
5,438,300
6,779,400
5,770,200
5,770,2006,779,4005,438,3006,654,8006,780,0004,280,5002,440,2003,077,9003,474,4002,856,100000000000
       Inventory 
316,600
367,800
370,100
611,700
731,100
861,100
1,033,800
1,133,200
1,329,000
1,396,800
1,400,800
1,132,300
1,447,600
1,760,000
2,178,600
2,147,400
2,086,500
2,242,500
2,044,800
2,044,8002,242,5002,086,5002,147,4002,178,6001,760,0001,447,6001,132,3001,400,8001,396,8001,329,0001,133,2001,033,800861,100731,100611,700370,100367,800316,600
       Other Current Assets 
3,211,500
1,698,500
3,219,400
2,820,100
4,225,700
3,547,600
3,394,300
5,453,400
6,431,900
6,975,000
7,297,300
6,925,000
5,785,500
6,704,900
471,300
446,400
327,500
428,900
1,320,400
1,320,400428,900327,500446,400471,3006,704,9005,785,5006,925,0007,297,3006,975,0006,431,9005,453,4003,394,3003,547,6004,225,7002,820,1003,219,4001,698,5003,211,500
   > Long-term Assets 
32,500,500
30,332,000
41,981,700
59,979,600
78,822,900
96,830,200
108,842,000
95,804,700
98,189,100
103,678,400
112,806,500
114,897,000
104,104,900
100,823,700
100,093,800
94,974,400
92,930,300
90,639,600
87,129,800
87,129,80090,639,60092,930,30094,974,400100,093,800100,823,700104,104,900114,897,000112,806,500103,678,40098,189,10095,804,700108,842,00096,830,20078,822,90059,979,60041,981,70030,332,00032,500,500
       Property Plant Equipment 
32,088,700
28,656,200
40,387,000
56,805,100
75,799,600
75,034,600
90,843,100
94,245,600
97,010,700
101,988,200
111,138,200
110,176,900
103,255,800
98,206,800
96,303,500
92,449,100
90,659,200
88,996,400
84,789,000
84,789,00088,996,40090,659,20092,449,10096,303,50098,206,800103,255,800110,176,900111,138,200101,988,20097,010,70094,245,60090,843,10075,034,60075,799,60056,805,10040,387,00028,656,20032,088,700
       Long Term Investments 
0
0
0
0
0
0
0
0
0
300,000
0
0
35,000
686,700
592,700
0
0
0
0
0000592,700686,70035,00000300,000000000000
       Intangible Assets 
0
0
0
0
0
0
0
35,000
28,200
16,000
10,700
6,300
11,100
13,200
11,300
7,800
5,000
11,800
57,900
57,90011,8005,0007,80011,30013,20011,1006,30010,70016,00028,20035,0000000000
       Long-term Assets Other 
390,900
1,674,300
1,594,700
3,174,500
3,023,300
21,788,600
17,990,100
1,511,000
1,138,400
24,689,700
1,648,600
4,708,100
27,414,500
30,326,200
3,779,000
16,100
43,800
319,300
490,100
490,100319,30043,80016,1003,779,00030,326,20027,414,5004,708,1001,648,60024,689,7001,138,4001,511,00017,990,10021,788,6003,023,3003,174,5001,594,7001,674,300390,900
> Total Liabilities 
24,883,200
22,360,200
26,047,500
32,457,300
53,635,400
61,580,400
65,846,900
76,441,800
81,072,800
76,038,800
81,045,300
73,476,500
80,631,800
77,202,400
75,605,500
70,371,800
64,413,400
59,173,000
49,337,600
49,337,60059,173,00064,413,40070,371,80075,605,50077,202,40080,631,80073,476,50081,045,30076,038,80081,072,80076,441,80065,846,90061,580,40053,635,40032,457,30026,047,50022,360,20024,883,200
   > Total Current Liabilities 
3,797,200
3,593,300
3,508,900
4,988,000
10,976,200
7,878,800
6,272,600
13,346,600
23,946,900
25,986,900
26,085,300
23,798,300
22,259,900
20,887,800
21,118,000
12,430,900
13,687,800
14,432,800
14,366,000
14,366,00014,432,80013,687,80012,430,90021,118,00020,887,80022,259,90023,798,30026,085,30025,986,90023,946,90013,346,6006,272,6007,878,80010,976,2004,988,0003,508,9003,593,3003,797,200
       Short-term Debt 
0
0
0
0
0
0
0
0
10,499,500
11,434,500
10,769,900
8,639,000
10,453,800
8,519,200
11,559,100
4,978,100
6,230,300
6,550,000
6,110,800
6,110,8006,550,0006,230,3004,978,10011,559,1008,519,20010,453,8008,639,00010,769,90011,434,50010,499,50000000000
       Short Long Term Debt 
0
0
0
0
0
0
0
0
0
61,194,300
10,769,900
8,512,000
10,453,800
8,519,200
11,559,100
4,910,900
6,163,600
6,479,800
6,020,000
6,020,0006,479,8006,163,6004,910,90011,559,1008,519,20010,453,8008,512,00010,769,90061,194,300000000000
       Accounts payable 
1,852,400
1,816,400
1,453,000
2,498,600
3,458,000
2,668,800
1,379,100
2,344,400
2,349,800
2,124,900
2,154,500
2,236,200
1,912,300
3,032,400
3,194,900
3,582,400
3,144,900
3,527,400
3,435,300
3,435,3003,527,4003,144,9003,582,4003,194,9003,032,4001,912,3002,236,2002,154,5002,124,9002,349,8002,344,4001,379,1002,668,8003,458,0002,498,6001,453,0001,816,4001,852,400
       Other Current Liabilities 
1,944,800
1,776,900
2,055,900
2,489,400
7,518,200
5,210,000
4,893,500
11,002,200
11,097,600
12,427,500
13,160,900
12,923,100
9,444,700
9,023,600
6,364,000
252,700
166,900
206,600
615,900
615,900206,600166,900252,7006,364,0009,023,6009,444,70012,923,10013,160,90012,427,50011,097,60011,002,2004,893,5005,210,0007,518,2002,489,4002,055,9001,776,9001,944,800
   > Long-term Liabilities 
21,086,000
18,766,900
22,538,600
27,469,300
42,659,200
53,701,600
59,574,300
63,095,200
57,125,900
50,051,900
54,960,000
49,678,200
58,371,900
56,314,600
54,487,500
57,940,900
50,725,600
44,740,200
34,971,600
34,971,60044,740,20050,725,60057,940,90054,487,50056,314,60058,371,90049,678,20054,960,00050,051,90057,125,90063,095,20059,574,30053,701,60042,659,20027,469,30022,538,60018,766,90021,086,000
       Long term Debt Total 
0
0
0
0
0
0
0
0
0
0
0
0
57,703,700
53,614,200
48,430,300
47,974,300
44,240,400
40,004,600
30,383,100
30,383,10040,004,60044,240,40047,974,30048,430,30053,614,20057,703,700000000000000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
292,100
333,800
647,600
664,900
7,816,100
6,052,900
9,966,600
6,485,200
4,735,600
0
04,735,6006,485,2009,966,6006,052,9007,816,100664,900647,600333,800292,100000000000
       Deferred Long Term Liability 
0
0
0
0
0
0
0
0
0
263,600
222,800
0
0
0
0
0
0
0
0
00000000222,800263,600000000000
> Total Stockholder Equity
21,869,400
24,203,800
31,259,900
43,316,500
52,321,000
57,097,700
60,306,600
59,971,900
63,417,600
67,728,500
74,306,200
82,839,000
72,233,300
69,292,200
68,096,700
67,956,400
77,042,700
80,513,000
102,753,600
102,753,60080,513,00077,042,70067,956,40068,096,70069,292,20072,233,30082,839,00074,306,20067,728,50063,417,60059,971,90060,306,60057,097,70052,321,00043,316,50031,259,90024,203,80021,869,400
   Common Stock
1,903,400
1,522,700
1,522,700
1,522,700
1,522,900
1,522,900
1,522,900
1,522,900
1,523,200
1,507,800
1,507,800
1,507,800
1,507,800
1,507,800
1,507,800
1,469,700
1,469,700
1,427,700
1,427,700
1,427,7001,427,7001,469,7001,469,7001,507,8001,507,8001,507,8001,507,8001,507,8001,507,8001,523,2001,522,9001,522,9001,522,9001,522,9001,522,7001,522,7001,522,7001,903,400
   Retained Earnings Total Equity0000000000000000000
   Accumulated Other Comprehensive Income 
-16,402,400
-15,894,700
-17,299,400
-17,470,000
-18,528,600
-21,414,100
-21,393,500
0
-27,745,800
-31,194,200
-34,883,000
-42,591,100
-31,118,700
-39,973,400
-46,243,600
-49,485,000
48,579,400
49,695,500
54,727,900
54,727,90049,695,50048,579,400-49,485,000-46,243,600-39,973,400-31,118,700-42,591,100-34,883,000-31,194,200-27,745,8000-21,393,500-21,414,100-18,528,600-17,470,000-17,299,400-15,894,700-16,402,400
   Capital Surplus 0000000000000000000
   Treasury Stock0000000000000000000
   Other Stockholders Equity 
36,368,400
38,575,800
47,036,600
59,263,800
69,326,700
76,988,900
80,177,200
23,172,100
89,640,200
97,414,900
107,681,400
123,922,300
77,930,600
87,454,500
47,572,800
-56,909,700
760,900
747,600
747,600
747,600747,600760,900-56,909,70047,572,80087,454,50077,930,600123,922,300107,681,40097,414,90089,640,20023,172,10080,177,20076,988,90069,326,70059,263,80047,036,60038,575,80036,368,400



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue56,904,600
Cost of Revenue-25,317,000
Gross Profit31,587,60031,587,600
 
Operating Income (+$)
Gross Profit31,587,600
Operating Expense-7,890,700
Operating Income23,070,20023,696,900
 
Operating Expense (+$)
Research Development0
Selling General Administrative698,000
Selling And Marketing Expenses0
Operating Expense7,890,700698,000
 
Net Interest Income (+$)
Interest Income2,968,300
Interest Expense-3,427,400
Other Finance Cost-2,968,300
Net Interest Income-3,427,400
 
Pretax Income (+$)
Operating Income23,070,200
Net Interest Income-3,427,400
Other Non-Operating Income Expenses0
Income Before Tax (EBT)25,535,40020,605,000
EBIT - interestExpense = 24,990,100
25,535,400
29,177,500
Interest Expense3,427,400
Earnings Before Interest and Taxes (EBIT)28,417,50028,962,800
Earnings Before Interest and Taxes (EBITDA)35,538,000
 
After tax Income (+$)
Income Before Tax25,535,400
Tax Provision--214,700
Net Income From Continuing Ops25,750,10025,750,100
Net Income25,750,100
Net Income Applicable To Common Shares25,750,100
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses33,207,700
Total Other Income/Expenses Net2,465,2003,427,400
 

Technical Analysis of The Great Eastern Shipping Company Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of The Great Eastern Shipping Company Limited. The general trend of The Great Eastern Shipping Company Limited is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine The Great Eastern Shipping Company Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (100.0%) Bearish trend (-100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of The Great Eastern Shipping Company Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 1,009 < 1,025 < 1,027.

The bearish price targets are: 906.45 > 890.00 > 882.08.

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The Great Eastern Shipping Company Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of The Great Eastern Shipping Company Limited. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

  • MA 20 trending up: The MA 20 is trending up. +1
  • Close > MA 20: The price is above the MA 20. +1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

The Great Eastern Shipping Company Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of The Great Eastern Shipping Company Limited. The current macd is 7.13778654.

The long score for the Moving Average Convergence/Divergence (MACD) is 4/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is 4/(-4 +4).

  • MACD line > signal line: The MACD line is above the signal line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the The Great Eastern Shipping Company Limited price going up in the near term. +2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for The Great Eastern Shipping Company Limited. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the The Great Eastern Shipping Company Limited price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
The Great Eastern Shipping Company Limited Daily Moving Average Convergence/Divergence (MACD) ChartThe Great Eastern Shipping Company Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of The Great Eastern Shipping Company Limited. The current adx is 11.25.

The long score for the Directional Movement Index (DMI) is 1/7.
The longshort score for the Directional Movement Index (DMI) is 1/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy The Great Eastern Shipping Company Limited shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
The Great Eastern Shipping Company Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of The Great Eastern Shipping Company Limited. The current sar is 905.64.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
The Great Eastern Shipping Company Limited Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of The Great Eastern Shipping Company Limited. The current rsi is 54.49. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

  • Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
  • Trending up: The RSI is trending up. +1
The Great Eastern Shipping Company Limited Daily Relative Strength Index (RSI) ChartThe Great Eastern Shipping Company Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of The Great Eastern Shipping Company Limited. The current phase is Overbought in bull market.

The long score for the Stochastic Oscillator is 6/6.
The longshort score for the Stochastic Oscillator is 6/(-6 +6).

  • STOCH > 50: The STOCH %K is above 50. There are more buyers than sellers. +1
  • STOCH > 80: The STOCH %K is above 80 and overbought. +2
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the The Great Eastern Shipping Company Limited price going up in the near term. +2
  • Trending up: The STOCH %K is trending up. +1
The Great Eastern Shipping Company Limited Daily Stochastic Oscillator ChartThe Great Eastern Shipping Company Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of The Great Eastern Shipping Company Limited. The current cci is 58.96.

The Great Eastern Shipping Company Limited Daily Commodity Channel Index (CCI) ChartThe Great Eastern Shipping Company Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of The Great Eastern Shipping Company Limited. The current cmo is 11.55.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

  • CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1
The Great Eastern Shipping Company Limited Daily Chande Momentum Oscillator (CMO) ChartThe Great Eastern Shipping Company Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of The Great Eastern Shipping Company Limited. The current willr is -18.79562044.

The long score for the Williams %R is 1/1.
The longshort score for the Williams %R is 1/(-1 +1).

  • WILLR > -20: The Williams %R is above -20. This indicates that the price is in overbought territory, suggesting a potential price correction or trend reversal to the downside. +1
The Great Eastern Shipping Company Limited Daily Williams %R ChartThe Great Eastern Shipping Company Limited Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of The Great Eastern Shipping Company Limited.

The Great Eastern Shipping Company Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of The Great Eastern Shipping Company Limited. The current atr is 37.64.

The Great Eastern Shipping Company Limited Daily Average True Range (ATR) ChartThe Great Eastern Shipping Company Limited Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of The Great Eastern Shipping Company Limited. The current obv is 66,105,541.

The Great Eastern Shipping Company Limited Daily On-Balance Volume (OBV) ChartThe Great Eastern Shipping Company Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of The Great Eastern Shipping Company Limited. The current mfi is 65.62.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

  • MFI > 50: +1
The Great Eastern Shipping Company Limited Daily Money Flow Index (MFI) ChartThe Great Eastern Shipping Company Limited Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for The Great Eastern Shipping Company Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-11-06MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-08STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-09STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-11-10STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-11-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-16CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-17MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-21CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-11-24STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-28STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-30STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-04STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-06RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-08STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-12MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-13SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2023-12-15SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-19BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-20STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-21STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2023-12-26STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-27RSI SHORT ENTRY LONG CLOSE70 crossover to downside
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-02STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-04STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-01-05SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-12STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-16STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-18STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-19CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-23SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-01-24STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-25CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-30STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-01MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2024-02-02CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-06SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-07STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-09DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-02-12CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-02-13STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-16DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-02-19DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-23DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-27DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-28MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-29CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-11CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-12MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-03-13CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-03-14STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-18MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-03-19SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-22DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-26MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-03-27MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-03-28WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside

6.3. Candlestick Patterns

The Great Eastern Shipping Company Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of The Great Eastern Shipping Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5054.491
Ma 20Greater thanMa 50985.133
Ma 50Greater thanMa 100972.604
Ma 100Greater thanMa 200930.301
OpenGreater thanClose1,013.900
Total5/5 (100.0%)
Penke

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