Steamships Trading Co (ASX:SST) Cyclically Adjusted PB Ratio: 0.71 (As of Jul. 11, 2026) — 38% Below Median


ASX:SST Steamships Trading Co Ltd ASX:SST
55 GF Score
Price A$10.04
GF Value A$103.00
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Steamships Trading Co Cyclically Adjusted PB Ratio?

Steamships Trading Co ASX:SST 55 Cyclically Adjusted PB Ratio is 0.71 as of Jul. 11, 2026, which is 38% below its 10-year median of 1.15. GuruFocus rates ASX:SST with a GF Score™ of 55/100 and a GF Value™ of A$103.00 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 738 Transportation companies, Steamships Trading Co ranks better than 75.88% on this metric.

As of today (2026-07-11), Steamships Trading Co's current share price is A$10.04. Steamships Trading Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 was A$14.07. Steamships Trading Co's Cyclically Adjusted PB Ratio for today is 0.71.

The historical rank and industry rank for Steamships Trading Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:SST' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 1.15   Max: 4.13
Current: 0.71

During the past 13 years, Steamships Trading Co's highest Cyclically Adjusted PB Ratio was 4.13. The lowest was 0.71. And the median was 1.15.

ASX:SST's Cyclically Adjusted PB Ratio is ranked better than
75.88% of 738 companies
in the Transportation industry
Industry Median: 1.25 vs ASX:SST: 0.71

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Steamships Trading Co's adjusted book value per share data of for the fiscal year that ended in Dec25 was A$11.658. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is A$14.07 for the trailing ten years ended in Dec25.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steamships Trading Co  (ASX:SST) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Steamships Trading Co Cyclically Adjusted PB Ratio Related Terms


Steamships Trading Co Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Steamships Trading Co's Cyclically Adjusted 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.

Steamships Trading Co Cyclically Adjusted PB Ratio Chart

Steamships Trading Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.90 0.95 1.01 0.71

Steamships Trading Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.00 1.01 0.00 0.71

ASX:SST vs UPS, FDX, JBHT: Cyclically Adjusted PB Ratio Comparison

For the Integrated Freight & Logistics subindustry, Steamships Trading Co's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.


Steamships Trading Co Cyclically Adjusted PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Steamships Trading Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Steamships Trading Co's Cyclically Adjusted PB Ratio falls into.


ASX:SST
55GF Score
Steamships Trading Co Ltd ASX:SST
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steamships Trading Co Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Steamships Trading Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.04/14.07
=0.71

* 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.

Steamships Trading Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec25 is calculated as:

For example, Steamships Trading Co's adjusted Book Value per Share data for the fiscal year that ended in Dec25 was:

Adj_Book=Book Value per Share/CPI of Dec25 (Change)*Current CPI (Dec25)
=11.658/324.0540*324.0540
=11.658

Current CPI (Dec25) = 324.0540.

Steamships Trading Co Annual Data

Book Value per Share CPI Adj_Book
201612 8.633 241.432 11.587
201712 8.727 246.524 11.472
201812 9.642 251.233 12.437
201912 9.272 256.974 11.692
202012 9.920 260.474 12.341
202112 10.526 278.802 12.234
202212 21.266 296.797 23.219
202312 21.802 306.746 23.032
202412 11.183 315.605 11.482
202512 11.658 324.054 11.658

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.71 mean?
Steamships Trading Co (ASX:SST) has a Cyclically Adjusted PB Ratio of 0.71 as of Jul. 11, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Steamships Trading Co and its competitors. This is 38% below median its historical median of 1.15. Over the past decade, Steamships Trading Co's Cyclically Adjusted PB Ratio has ranged from 0.71 to 4.13. According to the industry distribution chart, Steamships Trading Co ranks #178 out of 738 companies in the Transportation industry, placing it in the top 24.1%.
Is Steamships Trading Co's Cyclically Adjusted PB Ratio too high?
Steamships Trading Co's current Cyclically Adjusted PB Ratio of 0.71 is 38% below median its 10-year median of 1.15. Over the past 10 years, this metric has ranged from a low of 0.71 to a high of 4.13. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Steamships Trading Co's value of 0.71 is 43.2% below this industry median. Based on the distribution chart, Steamships Trading Co ranks #178 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Steamships Trading Co has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steamships Trading Co's Cyclically Adjusted PB Ratio compare to UPS and FDX?
According to the Transportation industry distribution chart, Steamships Trading Co ranks #178 out of 738 companies for Cyclically Adjusted PB Ratio. This places Steamships Trading Co in the top 24% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Steamships Trading Co's value of 0.71 is 43.2% below this benchmark. Historically, Steamships Trading Co's own Cyclically Adjusted PB Ratio has ranged from 0.71 to 4.13 over the past decade. While the company's 10-year median is 1.15 vs. the industry median of 1.25, Steamships Trading Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.25, based on 738 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steamships Trading Co's current Cyclically Adjusted PB Ratio of 0.71 is 43.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Steamships Trading Co and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steamships Trading Co's current Cyclically Adjusted PB Ratio is 0.71, which is 38% below median its own 10-year median of 1.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steamships Trading Co stock overvalued right now?
Based on GuruFocus' analysis, Steamships Trading Co (ASX:SST) is currently considered Possible Value Trap. The stock's GF Value™ is A$103.00, compared to a current price of A$10.04 — trading 90.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.71, which is 38% below median its 10-year median of 1.15 and 43.2% below the Transportation industry median of 1.25. Steamships Trading Co's overall GF Score™ is 55/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Steamships Trading Co (ASX:SST), the current Cyclically Adjusted PB Ratio is 0.71 as of Jul. 11, 2026. 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 Steamships Trading Co (ASX:SST) Overvalued in 2026?

Based on GuruFocus' analysis, Steamships Trading Co stock appears to be undervalued. The current stock price of A$10.04 is trading 90.3% below its estimated GF Value™ of A$103.00. GuruFocus considers Steamships Trading Co to be Possible Value Trap.

Key valuation signals for ASX:SST:

  • Cyclically Adjusted PB Ratio: 0.71 (38% below median its 10-year median of 1.15)
  • GF Value™: A$103.00 vs. price of A$10.04 (90.3% below fair value)
  • GF Score™: 55/100 with 6 warning signs
  • Industry Position: 43.2% below the Transportation median (#178 of 738)

No single metric tells the full story. See the ASX:SST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steamships Trading Co Business Description

Address 345, Stanley Esplanade, Section 20, Allotments 3, 4 and 5, Level 2 Granville, PO Box 1, National Capital District, Port Moresby, PNG, NCD 121
Steamships Trading Co Ltd is a diversified holding company. The company's operating segment includes i) Property and hospitality: It consists of shipping and land-based freight transport and related services divisions. ii) Logistics: It consists of shipping and land-based freight transport and related services divisions. iii) Commercial & investment: It consists of commercial, head office administration function and insurance activities. The majority of the company's revenue is derived from the Property and hospitality segment. Geographically, the company operates almost wholly in Papua New Guinea.
55GF Score

Get the complete analysis for ASX:SST

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$10.04
Price
A$103.00
GF Value