Diana Shipping (Diana Shipping) Price-to-Tangible-Book : 0.68 (As of Apr. 29, 2024)

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What is Diana Shipping Price-to-Tangible-Book?

As of today (2024-04-29), Diana Shipping's share price is $2.95. Diana Shipping's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.33. Hence, Diana Shipping's Price to Tangible Book Ratio of today is 0.68.

The historical rank and industry rank for Diana Shipping's Price-to-Tangible-Book or its related term are showing as below:

DSX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.47 Max: 0.84
Current: 0.68

During the past 13 years, Diana Shipping's highest Price to Tangible Book Ratio was 0.84. The lowest was 0.22. And the median was 0.47.

DSX's Price-to-Tangible-Book is ranked better than
80.64% of 878 companies
in the Transportation industry
Industry Median: 1.42 vs DSX: 0.68

A closely related ratio is called PB Ratio. As of today, Diana Shipping's share price is $2.95. Diana Shipping's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.33. Hence, Diana Shipping's P/B Ratio of today is 0.68.

Diana Shipping Price-to-Tangible-Book Historical Data

The historical data trend for Diana Shipping's Price-to-Tangible-Book 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.

* Premium members only.

Diana Shipping Price-to-Tangible-Book Chart

Diana Shipping Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.46

0.37

0.84

0.82

0.69

Diana Shipping Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.82	0.84	0.81	0.77	0.69

Competitive Comparison of Diana Shipping's Price-to-Tangible-Book

For the Marine Shipping subindustry, Diana Shipping's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Diana Shipping's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Diana Shipping's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Diana Shipping's Price-to-Tangible-Book falls into.

Diana Shipping Price-to-Tangible-Book Calculation

Diana Shipping's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	2.95	/	4.325
	=	0.68

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

Diana Shipping Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Diana Shipping's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

DSXpB.PFD:USA DSZ:Germany

Address

175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64

Website

https://www.dianashippinginc.com

Diana Shipping Inc provides shipping transportation services. The company, through its subsidiaries, operates a fleet of vessels consisting of dry bulk carriers such as Panamax, Kamsarmax, Post-Panamax, Capesize and Newcastlemax vessels. Using this fleet, the firm provides transportation services for various goods including coal, iron ore, and grains. It also transports minor bulks, including steel products, cement, and fertilizers through its dry bulk carrier vessels. The operation of the vessels is the main source of revenue generation, the services provided by the vessels are similar and all operate under the same economic environment.