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Diana Shipping (HAM:DSZ) Cyclically Adjusted PB Ratio : 0.32 (As of Jun. 10, 2024)


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What is Diana Shipping Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Diana Shipping's current share price is €2.688. Diana Shipping's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.42. Diana Shipping's Cyclically Adjusted PB Ratio for today is 0.32.

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

HAM:DSZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.1   Med: 0.31   Max: 1.1
Current: 0.32

During the past years, Diana Shipping's highest Cyclically Adjusted PB Ratio was 1.10. The lowest was 0.10. And the median was 0.31.

HAM:DSZ's Cyclically Adjusted PB Ratio is ranked better than
90.76% of 725 companies
in the Transportation industry
Industry Median: 1.27 vs HAM:DSZ: 0.32

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.

Diana Shipping's adjusted book value per share data for the three months ended in Mar. 2024 was €3.807. 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 €8.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Diana Shipping Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diana Shipping'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.

* Premium members only.

Diana Shipping Cyclically Adjusted PB Ratio Chart

Diana Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.16 0.36 0.37 0.31

Diana Shipping Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 0.36 0.35 0.31 0.31

Competitive Comparison of Diana Shipping's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Diana Shipping'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.


Diana Shipping's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Diana Shipping 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.

Diana Shipping's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.688/8.42
=0.32

* 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.

Diana Shipping's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Diana Shipping's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.807/117.2848*117.2848
=3.807

Current CPI (Mar. 2024) = 117.2848.

Diana Shipping Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.673 103.060 13.284
201409 12.291 102.624 14.047
201412 12.703 100.254 14.861
201503 14.327 100.549 16.712
201506 13.670 100.838 15.900
201509 13.376 100.856 15.555
201512 13.549 100.087 15.877
201603 12.920 99.041 15.300
201606 12.474 100.121 14.612
201609 11.354 99.878 13.333
201612 11.826 100.110 13.855
201703 11.205 100.770 13.041
201706 9.101 101.138 10.554
201709 8.389 100.882 9.753
201712 4.974 100.762 5.790
201803 4.675 100.534 5.454
201806 4.952 102.121 5.687
201809 5.078 101.982 5.840
201812 5.317 101.330 6.154
201903 5.196 101.482 6.005
201906 5.467 101.837 6.296
201909 5.668 101.906 6.523
201912 5.626 102.120 6.461
202003 4.640 101.479 5.363
202006 4.447 100.239 5.203
202009 4.151 99.886 4.874
202012 3.946 99.751 4.640
202103 3.782 99.817 4.444
202106 3.769 101.270 4.365
202109 3.862 102.095 4.437
202112 4.109 104.853 4.596
202203 4.244 108.651 4.581
202206 4.602 113.517 4.755
202209 5.019 114.371 5.147
202212 4.481 112.428 4.675
202303 4.317 113.620 4.456
202306 4.226 115.515 4.291
202309 4.211 116.234 4.249
202312 3.966 116.364 3.997
202403 3.807 117.285 3.807

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.


Diana Shipping  (HAM:DSZ) 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.


Diana Shipping Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Diana Shipping's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Diana Shipping (HAM:DSZ) Business Description

Traded in Other Exchanges
Address
175 64 Palaio Faliro, Pendelis 16, Athens, GRC, 175 64
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.

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