Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. It is calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days.
The historical rank and industry rank for Global Ship Lease's Average Time Charter Equivalent Rates (USD) or its related term are showing as below:
GSL's Average Time Charter Equivalent Rates (USD) is not ranked *
in the Transportation industry.
Industry Median: * Ranked among companies with meaningful Average Time Charter Equivalent Rates (USD) only.
Global Ship Lease (NYSE:GSL) Average Time Charter Equivalent Rates (USD) Explanation
Time charter equivalent (TCE) is a shipping industry measure used to calculate the average daily revenue performance of a vessel. Time charter equivalent is calculated by first taking voyage revenues and subtracting voyage expenses, including canal, bunker and port costs, and then dividing the total by the round-trip voyage duration in days. It gives shipping companies a tool to measure period-to-period changes.
The TCE is a way to describe chartering opportunities in a standardized way to make comparisons easier. It is used by cargo brokers in the shipping industry to present chartering opportunities to shipowners since chartering opportunities differ widely in potential revenues and costs.
Global Ship Lease Average Time Charter Equivalent Rates (USD) Related Terms
Global Ship Lease Average Time Charter Equivalent Rates (USD) Historical Data
* Premium members only.
The historical data trend for Global Ship Lease's Average Time Charter Equivalent Rates (USD) 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.
Global Ship Lease Average Time Charter Equivalent Rates (USD) Chart
GSL vs SFL, CCEC, CMRE: Average Time Charter Equivalent Rates (USD) Comparison
For the Marine Shipping subindustry, Global Ship Lease's Average Time Charter Equivalent Rates (USD), along with its competitors' market caps and Average Time Charter Equivalent Rates (USD) 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.
What does a Average Time Charter Equivalent Rates (USD) of 0.00 mean?
Global Ship Lease (GSL) has a Average Time Charter Equivalent Rates (USD) of 0.00 as of . 20. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on Global Ship Lease and its competitors.
Is Global Ship Lease's Average Time Charter Equivalent Rates (USD) too high?
Global Ship Lease's current Average Time Charter Equivalent Rates (USD) is 0.00. Overall, Global Ship Lease has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Ship Lease's Average Time Charter Equivalent Rates (USD) compare to SFL and CCEC?
Global Ship Lease's Average Time Charter Equivalent Rates (USD) of 0.00 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Average Time Charter Equivalent Rates (USD) for a Transportation company?
A good Average Time Charter Equivalent Rates (USD) depends on the Transportation industry context. However, Average Time Charter Equivalent Rates (USD) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Average Time Charter Equivalent Rates (USD) mean?
A high Average Time Charter Equivalent Rates (USD) can signal that a stock is expensive relative to its fundamentals. Time charter equivalent (TCE), calculated as (Voyage Revenues - Voyage Expenses) / Round Trip Duration in Days, is a shipping industry measure used to calculate the average daily revenue performance of a vessel. View historical data on Global Ship Lease and its competitors. Global Ship Lease's current Average Time Charter Equivalent Rates (USD) is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Ship Lease stock overvalued right now?
Based on GuruFocus' analysis, Global Ship Lease (GSL) is currently considered Significantly Overvalued. The stock's GF Value™ is $26.96, compared to a current price of $42.17 — trading 56.4% above its estimated fair value. The current Average Time Charter Equivalent Rates (USD) is 0.00. Global Ship Lease's overall GF Score™ is 79/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Average Time Charter Equivalent Rates (USD) calculated?
Average Time Charter Equivalent Rates (USD) is calculated from a company's financial statements. For Global Ship Lease (GSL), the current Average Time Charter Equivalent Rates (USD) is 0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Global Ship Lease (GSL) Overvalued in 2026?
Based on GuruFocus' analysis, Global Ship Lease stock appears to be overvalued.
The current stock price of $42.17 is trading 56.4% above its estimated GF Value™ of $26.96.
GuruFocus considers Global Ship Lease to be Significantly Overvalued.
Key valuation signals for GSL:
Average Time Charter Equivalent Rates (USD): 0.00
GF Value™: $26.96 vs. price of $42.17 (56.4% above fair value)
No single metric tells the full story. See the GSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Ship Lease Inc is a containership owner, leasing ships to container shipping companies under industry-standard, fixed-rate time charters. Its fleet comprises mid-size Post-Panamax, Cypress, and smaller containerships, which tend to serve the faster-growing non-Mainlane and intra-regional trades, collectively representing the majority of the containerized trade volume globally. The company generates revenue from chartering its vessels to liner companies.
79GF Score
Get the complete analysis for GSL
Average Time Charter Equivalent Rates (USD) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GSL has been successfully added to your 
