Diana Shipping (Diana Shipping) PB Ratio

: 0.67 (As of Today)

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The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-04-18), Diana Shipping's share price is $2.90. Diana Shipping's Book Value per Share for the quarter that ended in Dec. 2023 was $4.33. Hence, Diana Shipping's PB Ratio of today is 0.67.

Good Sign:

Diana Shipping Inc stock PB Ratio (=0.67) is close to 3-year low of 0.66

The historical rank and industry rank for Diana Shipping's PB Ratio or its related term are showing as below:

DSX' s PB Ratio Range Over the Past 10 Years
Min: 0.14 Med: 0.54 Max: 1.37
Current: 0.67

During the past 13 years, Diana Shipping's highest PB Ratio was 1.37. The lowest was 0.14. And the median was 0.54.

DSX's PB Ratio is ranked better than
79.08% of 932 companies
in the Transportation industry
Industry Median: 1.285 vs DSX: 0.67

During the past 12 months, Diana Shipping's average Book Value Per Share Growth Rate was -8.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -13.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Diana Shipping was 71.30% per year. The lowest was -30.20% per year. And the median was 0.40% per year.

Back to Basics: PB Ratio

Diana Shipping PB Ratio Historical Data

The historical data trend for Diana Shipping's PB Ratio 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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
PB Ratio																0.82	0.84	0.81	0.77	0.69

Competitive Comparison

For the Marine Shipping subindustry, Diana Shipping's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio Distribution

For the Transportation industry and Industrials sector, Diana Shipping's PB Ratio distribution charts can be found below:

* The bar in red indicates where Diana Shipping's PB Ratio falls into.

Diana Shipping PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Diana Shipping's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	2.90	/	4.325
	=	0.67

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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

Diana Shipping (NYSE:DSX) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

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

Diana Shipping PB Ratio Related Terms

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Diana Shipping (Diana Shipping) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diana Shipping Inc (NYSE:DSX) » Definitions » PB Ratio

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.