LPG Share Price | Dorian LPG Ltd. Stock Analysis & Recommendation

Q: Is Dorian LPG Ltd. overvalued or undervalued?

As of 17 October 2025, the valuation grade for Dorian LPG Ltd. has moved from expensive to very expensive, indicating a significant deterioration in its valuation outlook. Based on the current metrics, Dorian LPG appears to be overvalued, particularly when compared to its peers. The company has a P/E ratio of 13, an EV to EBITDA of 8.25, and a Price to Book Value of 1.16, which are all higher than several of its peers, such as International Seaways, Inc. with a P/E of 9.81 and EV to EBITDA of 6.74, and Danaos Corp. with a P/E of 4.72 and EV to EBITDA of 3.23.In terms of performance, Dorian LPG's stock has returned 73.21% over the past three years, which is lower than the S&P 500's return of 81.19% during the same period, further reinforcing the notion of overvaluation. The stock's recent performance has also been volatile, with a 1-month return of -16.02% compared to a positive return of 0.96% for the S&P 500.

Q: Is Dorian LPG Ltd. technically bullish or bearish?

As of 9 September 2025, the technical trend for Dorian LPG Ltd. has changed from bullish to mildly bullish. The weekly MACD is bullish, while the monthly MACD is mildly bullish. Bollinger Bands indicate a bullish stance on both weekly and monthly time frames. Daily moving averages are bullish, and Dow Theory shows a mildly bullish trend in both weekly and monthly perspectives. However, the KST is bullish weekly but bearish monthly, and the OBV is mildly bearish on a monthly basis. In terms of performance, Dorian LPG has outperformed the S&P 500 over the last week (2.35% vs. 1.05%) and the last month (5.08% vs. 2.33%), but it has underperformed over the last year (-8.32% vs. 17.14%). Overall, the current technical stance is mildly bullish, driven primarily by the bullish indicators in MACD and Bollinger Bands.

Q: How big is Dorian LPG Ltd.?

Market Cap: As of Jun 18, Dorian LPG Ltd. has a market capitalization of 1,384.91 million, categorizing it as a Small Cap company.Recent Quarterly Performance: For the latest four quarters, Dorian LPG Ltd. reported net sales of 353.34 million and a net profit of 90.17 million.Balance Sheet Snapshot: As of Mar 25, the company reported shareholder's funds of 1,046.11 million and total assets of 1,778.66 million.

Q: What does Dorian LPG Ltd. do?

Overview:Dorian LPG Ltd. is a holding company focused on owning and operating very large gas carriers (VLGCs) in the liquefied petroleum gas (LPG) shipping industry.Financial Snapshot:Most recent Net Sales: 76 Million (Quarterly Results - Mar 2025) Most recent Net Profit: 8 Million (Quarterly Results - Mar 2025) Market-cap: USD 1,384.91 Million (Small Cap)Key Metrics:P/E: 13.00 Dividend Yield: 9.33% Debt Equity: 0.26 Return on Equity: 9.17% Price to Book: 1.32 Contact Details:Address: 27 Signal Road, STAMFORD CT: 06878 Tel: 1 203 9781234 Fax: 1 203 3598159 Website: http://dorianlpg.com/

Price Point

High/Low

1Day

52 Week

Valuation

Technical

Day's Volume

CASH

270.78 k

Shareholding (Mar 2026)

FII

9.15%

Held by 112 FIIs

DII

90.81%

Held by 42 DIIs

Promoter

0.04%

Is Dorian LPG Ltd. overvalued or undervalued?

21-Oct-2025

As of October 17, 2025, Dorian LPG Ltd. is considered very expensive and overvalued compared to peers, with a P/E ratio of 13 and an EV to EBITDA of 8.25, while its stock has underperformed the S&P 500 over the past three years, returning 73.21% compared to the index's 81.19%.

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Is Dorian LPG Ltd. technically bullish or bearish?

20-Sep-2025

As of September 9, 2025, Dorian LPG Ltd. shows a mildly bullish trend with positive indicators from MACD and Bollinger Bands, having outperformed the S&P 500 recently but underperformed over the past year.

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How big is Dorian LPG Ltd.?

22-Jun-2025

As of Jun 18, Dorian LPG Ltd. has a market capitalization of 1,384.91 million, with net sales of 353.34 million and a net profit of 90.17 million reported over the latest four quarters. The company has shareholder's funds of 1,046.11 million and total assets of 1,778.66 million as of Mar 25.

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What does Dorian LPG Ltd. do?

22-Jun-2025

Dorian LPG Ltd. is a holding company that owns and operates very large gas carriers (VLGCs) in the LPG shipping industry. As of March 2025, it reported net sales of $76 million and a net profit of $8 million, with a market cap of approximately $1.38 billion.

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Who are in the management team of Dorian LPG Ltd.?

22-Jun-2025

As of March 2022, the management team of Dorian LPG Ltd. includes John Hadjipateras (Chairman, President, CEO), John Lycouris (CEO of Dorian LPG USA), and Independent Directors Ted Kalborg, Oivind Lorentzen, and Malcolm McAvity. They oversee the company's operations and strategic direction.

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Compare Dorian LPG Ltd. with Similar Stocks

Teekay Tankers Ltd.ZIM Integrated Shipping Services Ltd.Danaos Corp.

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Dashboard

Poor Management Efficiency with a low ROCE of 11.97%

The company has been able to generate a Return on Capital Employed (avg) of 11.97% signifying low profitability per unit of total capital (equity and debt)

Weak Long Term Fundamental Strength with an average Return on Capital Employed (ROCE) of 11.97%

The company has declared Negative results for the last 3 consecutive quarters

With ROCE of 8.36%, it has a very expensive valuation with a 1.12 Enterprise value to Capital Employed

Below par performance in long term as well as near term

Mojo Parameters

Stock DNA

Industry

Transport Services

Market cap

USD 1,797 Million (Small Cap)

P/E

14.00

Industry P/E

Dividend Yield

5.51%

Debt Equity

0.25

Return on Equity

11.53%

Price to Book

1.66

Revenue and Profits:

Net Sales:

153 Million

(Quarterly Results - Mar 2026)

Net Profit:

81 Million

Total Returns

Total Returns (Price + Dividend)

TimePeriod

Price Return

Dividend Return

Total Return

3 Months

26.01%

6 Months

59.32%

1 Year

55.42%

2 Years

-3.08%

3 Years

63.55%

4 Years

177.34%

5 Years

173.73%

Dorian LPG Ltd. for the last several years.

Risk Adjusted Returns v/s

News & Corporate Actions

News

No Recent News for the Company

Announcements

No announcement available

Corporate Actions

No corporate action available

Key Factors

Quality key factors

Factor

Value

Sales Growth (5y)

5.34%

EBIT Growth (5y)

3.32%

EBIT to Interest (avg)

4.70

Debt to EBITDA (avg)

1.95

Net Debt to Equity (avg)

0.26

Sales to Capital Employed (avg)

0.27

Tax Ratio

Dividend Payout Ratio

Pledged Shares

Institutional Holding

82.72%

ROCE (avg)

11.97%

ROE (avg)

14.87%

Valuation key factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.66

EV to EBIT

14.92

EV to EBITDA

9.81

EV to Capital Employed

1.53

EV to Sales

5.11

PEG Ratio

Dividend Yield

5.51%

ROCE (Latest)

10.23%

ROE (Latest)

11.53%

Technicals key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bearish

Bollinger Bands

Mildly Bullish

Bullish

Moving Averages

Bullish (Daily)

KST

Bullish

Dow Theory

No Trend

OBV

No Trend

Mildly Bullish

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Shareholding

Shareholding Snapshot : Mar 2026

Shareholding Compare (%holding)

Majority shareholders

Domestic Funds

Held in 69 Schemes (37.26%)

Foreign Institutions

Held by 112 Foreign Institutions (9.15%)

Strategic Entities with highest holding

Highest Public shareholder

Financial

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    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY",
    "rhs": [
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        "suffix": "YoY Growth in quarter ended Mar 2026 is 101.98% vs -46.32% in Mar 2025",
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        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in quarter ended Mar 2026 is 900.00% vs -89.77% in Mar 2025",
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      "header": [
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        "Mar'25",
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          "val2": "75.90",
          "chgp": "101.98%",
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          "val1": "100.50",
          "val2": "31.60",
          "chgp": "218.04%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "6.90",
          "val2": "8.00",
          "chgp": "-13.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.60",
          "val2": "-2.60",
          "chgp": "123.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "81.00",
          "val2": "8.10",
          "chgp": "900.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "542.90%",
          "val2": "185.10%",
          "chgp": "35.78%",
          "chgp_class": "positive"
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      ]
    }
  },
  {
    "link": "annual",
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    "header": "Annual Results Snapshot (Consolidated) - Mar'26",
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        "prefix": "Net Sales ",
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        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2026 is 114.75% vs -70.66% in Mar 2025",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'26",
        "Mar'25",
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      "body": [
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          "field": "Net Sales",
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          "val2": "353.30",
          "chgp": "36.29%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "279.20",
          "val2": "179.70",
          "chgp": "55.37%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "29.20",
          "val2": "35.80",
          "chgp": "-18.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-0.10",
          "val2": "-7.10",
          "chgp": "98.59%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "193.70",
          "val2": "90.20",
          "chgp": "114.75%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "430.90%",
          "val2": "311.50%",
          "chgp": "11.94%",
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]

Quarterly Results Snapshot (Consolidated) - Mar'26 - YoY

Mar'26

Mar'25

Change(%)

Net Sales

153.30

75.90

101.98%

Operating Profit (PBDIT) excl Other Income

100.50

31.60

218.04%

Interest

6.90

8.00

-13.75%

Exceptional Items

0.60

-2.60

123.08%

Consolidate Net Profit

81.00

8.10

900.00%

Operating Profit Margin (Excl OI)

542.90%

185.10%

35.78%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in quarter ended Mar 2026 is 101.98% vs -46.32% in Mar 2025

Consolidated Net Profit

YoY Growth in quarter ended Mar 2026 is 900.00% vs -89.77% in Mar 2025

All Quarterly Results

Annual Results Snapshot (Consolidated) - Mar'26

Mar'26

Mar'25

Change(%)

Net Sales

481.50

353.30

36.29%

Operating Profit (PBDIT) excl Other Income

279.20

179.70

55.37%

Interest

29.20

35.80

-18.44%

Exceptional Items

-0.10

-7.10

98.59%

Consolidate Net Profit

193.70

90.20

114.75%

Operating Profit Margin (Excl OI)

430.90%

311.50%

11.94%

USD in Million.

Compare with Peers

Net Sales

YoY Growth in year ended Mar 2026 is 36.29% vs -36.99% in Mar 2025

Consolidated Net Profit

YoY Growth in year ended Mar 2026 is 114.75% vs -70.66% in Mar 2025

All Annual Results

Company CV

About Dorian LPG Ltd.

Dorian LPG Ltd.

Transport Services

Dorian LPG Ltd. is a holding company. The Company, through its subsidiaries, is focused on owning and operating very large gas carrier (VLGCs) in the liquefied petroleum gas (LPG) shipping industry. The Company is engaged in the transportation of LPG across the world through its ownership and operation of LPG tankers. As of March 31, 2016, the Company owned and operated a fleet of 22 VLGCs, including 19 84,000 cubic meter (cbm) ECO-design VLGCs (ECO VLGCs) and three 82,000 cbm VLGCs. The VLGCs in its fleet had an aggregate carrying capacity of approximately 1.8 million cbm at May 26, 2016. It provides in-house commercial and technical management services for all of its vessels. As of May 26, 2016, its VLGCs included Captain Nicholas ML; Captain John NP; Comet; Corsair; Corvette; Cougar; Concorde; Cobra; Continental; Commodore; Constellation; Cheyenne; Cratis; Chaparral; Commander, and Challenger. The Company's customers include global energy companies, commodity traders and importers.

Company Coordinates

Company Details

27 Signal Road , STAMFORD CT : 06878

Tel: 1 203 9781234

http://dorianlpg.com/

Registrar Details