GASS (StealthGas) Cyclically Adjusted PB Ratio: 0.51 (As of Jul. 14, 2026) — 122% Above Median

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Director of Data and Quant Analytics at GuruFocus
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GASS StealthGas Inc GASS
70 GF Score
Price $8.78
GF Value $6.77
Valuation Modestly Overvalued
! 3 Warning Signs
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What is StealthGas Cyclically Adjusted PB Ratio?

StealthGas GASS +0.80% 70 Cyclically Adjusted PB Ratio is 0.51 as of Jul. 14, 2026, which is 122% above its 10-year median of 0.23. GuruFocus rates GASS with a GF Score™ of 70/100 and a GF Value™ of $6.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 739 Transportation companies, StealthGas ranks better than 83.76% on this metric.

As of today (2026-07-14), StealthGas's current share price is $8.78. StealthGas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $17.27. StealthGas's Cyclically Adjusted PB Ratio for today is 0.51.

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

GASS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.23   Max: 0.6
Current: 0.5

During the past years, StealthGas's highest Cyclically Adjusted PB Ratio was 0.60. The lowest was 0.12. And the median was 0.23.

GASS's Cyclically Adjusted PB Ratio is ranked better than
83.76% of 739 companies
in the Transportation industry
Industry Median: 1.24 vs GASS: 0.50

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.

StealthGas's adjusted book value per share data for the three months ended in Mar. 2026 was $19.028. 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 $17.27 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


StealthGas  (NAS:GASS) 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.


StealthGas Cyclically Adjusted PB Ratio Related Terms


StealthGas Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for StealthGas'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.

StealthGas Cyclically Adjusted PB Ratio Chart

StealthGas 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 0.14 0.17 0.40 0.34 0.41

StealthGas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.34 0.38 0.39 0.41 0.53

GASS vs SHIP, DSX, SMHI: Cyclically Adjusted PB Ratio Comparison

For the Marine Shipping subindustry, StealthGas'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.


StealthGas Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


GASS
70GF Score
StealthGas Inc GASS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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StealthGas 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.

StealthGas's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.78/17.27
=0.51

* 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.

StealthGas's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, StealthGas's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=19.028/124.8200*124.8200
=19.028

Current CPI (Mar. 2026) = 124.8200.

StealthGas Quarterly Data

Book Value per Share CPI Adj_Book
201606 14.517 100.121 18.098
201609 14.474 99.878 18.088
201612 14.399 100.110 17.953
201703 14.455 100.770 17.905
201706 14.407 101.138 17.780
201709 14.354 100.882 17.760
201712 14.387 100.762 17.822
201803 14.251 100.534 17.694
201806 14.256 102.121 17.425
201809 14.249 101.982 17.440
201812 13.988 101.330 17.231
201903 14.014 101.482 17.237
201906 13.993 101.837 17.151
201909 13.955 101.906 17.093
201912 14.127 102.120 17.267
202003 0.000 101.479 0.000
202006 14.892 100.239 18.544
202009 14.920 99.886 18.644
202012 14.914 99.751 18.662
202103 14.943 99.817 18.686
202106 14.867 101.270 18.324
202109 14.913 102.095 18.232
202112 12.428 104.853 14.795
202203 12.651 108.651 14.534
202206 12.976 113.517 14.268
202209 13.160 114.371 14.362
202212 13.558 112.428 15.052
202303 13.832 113.620 15.196
202306 14.199 115.515 15.343
202309 15.590 116.234 16.742
202312 15.208 116.364 16.313
202403 15.707 117.285 16.716
202406 16.230 118.129 17.149
202409 16.606 119.650 17.324
202412 16.914 119.360 17.688
202503 17.344 120.133 18.021
202506 17.821 121.399 18.323
202509 18.202 121.950 18.630
202512 18.564 122.450 18.923
202603 19.028 124.820 19.028

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 0.51 mean?
StealthGas (GASS) has a Cyclically Adjusted PB Ratio of 0.51 as of Jul. 14, 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 StealthGas and its competitors. This is 122% above median its historical median of 0.23. Over the past decade, StealthGas' Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.60. According to the industry distribution chart, StealthGas ranks #120 out of 739 companies in the Transportation industry, placing it in the top 16.2%.
Is StealthGas' Cyclically Adjusted PB Ratio too high?
StealthGas' current Cyclically Adjusted PB Ratio of 0.51 is 122% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.60. The Transportation industry median Cyclically Adjusted PB Ratio is 1.24. StealthGas' value of 0.51 is 58.9% below this industry median. Based on the distribution chart, StealthGas ranks #120 out of 739 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, StealthGas has a GF Score™ of 70/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does StealthGas' Cyclically Adjusted PB Ratio compare to SHIP and DSX?
According to the Transportation industry distribution chart, StealthGas ranks #120 out of 739 companies for Cyclically Adjusted PB Ratio. This places StealthGas in the top 16% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.24. StealthGas' value of 0.51 is 58.9% below this benchmark. Historically, StealthGas' own Cyclically Adjusted PB Ratio has ranged from 0.12 to 0.60 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 1.24, StealthGas 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 1.24, based on 739 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. StealthGas's current Cyclically Adjusted PB Ratio of 0.51 is 58.9% 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 StealthGas and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StealthGas's current Cyclically Adjusted PB Ratio is 0.51, which is 122% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StealthGas stock overvalued right now?
Based on GuruFocus' analysis, StealthGas (GASS) is currently considered Modestly Overvalued. The stock's GF Value™ is $6.77, compared to a current price of $8.78 — trading 29.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.51, which is 122% above median its 10-year median of 0.23 and 58.9% below the Transportation industry median of 1.24. StealthGas' overall GF Score™ is 70/100 with 3 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 StealthGas (GASS), the current Cyclically Adjusted PB Ratio is 0.51 as of Jul. 14, 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 StealthGas (GASS) Overvalued in 2026?

Based on GuruFocus' analysis, StealthGas stock appears to be overvalued. The current stock price of $8.78 is trading 29.7% above its estimated GF Value™ of $6.77. GuruFocus considers StealthGas to be Modestly Overvalued.

Key valuation signals for GASS:

  • Cyclically Adjusted PB Ratio: 0.51 (122% above median its 10-year median of 0.23)
  • GF Value™: $6.77 vs. price of $8.78 (29.7% above fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 58.9% below the Transportation median (#120 of 739)

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


StealthGas Business Description

Other Exchanges S6W:Germany
Address 331 Kifissias Avenue, Kifissia, Athens, GRC, 14561
StealthGas Inc is an international shipping transportation company. It owns liquefied petroleum gas (LPG) pressurized carriers and provides international seaborne transportation services to LPG producers and users, as well as crude oil and product carriers to oil producers, refineries, and commodities traders. The company carriers carry various petroleum gas products in liquefied forms, such as propane, butane, butadiene, isopropane, propylene, and vinyl chloride monomer, which are all byproducts of the production of crude oil and natural gas.
70GF Score

Get the complete analysis for GASS

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

$8.78
Price
$6.77
GF Value