This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Safe Bulkers's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $2.506. Safe Bulkers's 10-Year median PS Ratio is 1.3089. Therefore, the Median PS Value for today is $3.28.
As of today (2024-04-26), Safe Bulkers's share price is $5.04. Safe Bulkers's Median PS Value is $3.28. Therefore, Safe Bulkers's Price to Median PS Value for today is 1.54.
The historical rank and industry rank for Safe Bulkers's Median PS Value or its related term are showing as below:
SB'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.35 Med: 0.67 Max: 1.54
Current: 1.54
During the past 13 years, the highest Price to Median PS Value of Safe Bulkers was 1.54. The lowest was 0.35. And the median was 0.67.
SB's Price-to-Median-PS-Value is ranked worse than 76.63% of 582
companies
in the Transportation industry
Industry Median: 0.99
vs SB: 1.54
Safe Bulkers Median PS Value Historical Data
The historical data trend for Safe Bulkers's Median PS Value can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Safe Bulkers's Median PS Value
For the Marine Shipping subindustry, Safe Bulkers's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Safe Bulkers's Price-to-Median-PS-Value Distribution in the Transportation Industry
For the Transportation industry and Industrials sector, Safe Bulkers's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Safe Bulkers's Price-to-Median-PS-Value falls into.
Safe Bulkers Median PS Value Calculation
Safe Bulkers's Median PS Value for today is calculated as
10-Year Median PS Ratio is 1.3089.
Safe Bulkers's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.506.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Safe Bulkers (NYSE:SB) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Safe Bulkers's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
5.04
/
3.28
=
1.54
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Safe Bulkers Median PS Value Related Terms
Thank you for viewing the detailed overview of Safe Bulkers's Median PS Value provided by GuruFocus.com. Please click on the following links to see related term pages.
Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.
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