TOPT, Nice find 2morrowsGains! Foward P/E of 6 and they are adding 50% capacity in 1Q05, so earnings could go to $1.20 for next quarter, and they have another 5 tankers on order to push the earnings to $1.60. $1.60 * 4 = EPS $6.40.
$20 share price (12:24pm Feb 18) / $6.40 gives me a P/E ratio just a tad over 3.