INSW (International Seaways) Cyclically Adjusted PB Ratio: 1.92 (As of Jul. 02, 2026) — 79% Above Median


INSW International Seaways Inc INSW
64 GF Score
Price $81.98
GF Value $49.89
Valuation Significantly Overvalued
! 2 Warning Signs
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What is International Seaways Cyclically Adjusted PB Ratio?

International Seaways INSW +5.40% 64 Cyclically Adjusted PB Ratio is 1.92 as of Jul. 02, 2026, which is 79% above its 10-year median of 1.07. GuruFocus rates INSW with a GF Score™ of 64/100 and a GF Value™ of $49.89 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 773 Oil & Gas companies, International Seaways ranks worse than 66.75% on this metric.

As of today (2026-07-02), International Seaways's current share price is $81.98. International Seaways's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $42.71. International Seaways's Cyclically Adjusted PB Ratio for today is 1.92.

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

INSW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.07   Max: 2.15
Current: 1.82

During the past years, International Seaways's highest Cyclically Adjusted PB Ratio was 2.15. The lowest was 0.67. And the median was 1.07.

INSW's Cyclically Adjusted PB Ratio is ranked worse than
66.75% of 773 companies
in the Oil & Gas industry
Industry Median: 1.17 vs INSW: 1.82

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.

International Seaways's adjusted book value per share data for the three months ended in Mar. 2026 was $44.324. 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 $42.71 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Seaways  (NYSE:INSW) 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.


International Seaways Cyclically Adjusted PB Ratio Related Terms


International Seaways Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for International Seaways'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.

International Seaways Cyclically Adjusted PB Ratio Chart

International Seaways 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 0.00 0.00 0.00 0.85 1.14

International Seaways 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 0.78 0.85 1.07 1.14 1.71

INSW vs KNTK, STNG, SUNC: Cyclically Adjusted PB Ratio Comparison

For the Oil & Gas Midstream subindustry, International Seaways'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.


International Seaways Cyclically Adjusted PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, International Seaways's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


INSW
64GF Score
International Seaways Inc INSW
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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International Seaways 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.

International Seaways's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=81.98/42.71
=1.92

* 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.

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

For example, International Seaways'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)
=44.324/330.2130*330.2130
=44.324

Current CPI (Mar. 2026) = 330.2130.

International Seaways Quarterly Data

Book Value per Share CPI Adj_Book
201606 46.779 241.018 64.091
201609 42.006 241.428 57.454
201612 40.409 241.432 55.268
201703 41.126 243.801 55.703
201706 40.722 244.955 54.896
201709 40.189 246.819 53.768
201712 37.321 246.524 49.991
201803 36.522 249.554 48.326
201806 36.005 251.989 47.182
201809 34.542 252.439 45.184
201812 34.602 251.233 45.480
201903 34.864 254.202 45.289
201906 34.002 256.143 43.835
201909 33.549 256.759 43.147
201912 34.922 256.974 44.875
202003 35.724 258.115 45.703
202006 38.323 257.797 49.088
202009 38.825 260.280 49.257
202012 34.697 260.474 43.987
202103 34.494 264.877 43.002
202106 33.684 271.696 40.939
202109 23.965 274.310 28.849
202112 23.578 278.802 27.926
202203 23.465 287.504 26.951
202206 24.762 296.311 27.595
202209 27.086 296.808 30.134
202212 30.287 296.797 33.697
202303 31.671 301.836 34.649
202306 33.141 305.109 35.868
202309 33.749 307.789 36.208
202312 35.089 306.746 37.773
202403 36.630 312.332 38.727
202406 37.996 314.175 39.936
202409 38.108 315.301 39.910
202412 37.729 315.605 39.475
202503 37.918 319.799 39.153
202506 38.484 322.561 39.397
202509 39.168 324.800 39.821
202512 40.893 324.054 41.670
202603 44.324 330.213 44.324

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 1.92 mean?
International Seaways (INSW) has a Cyclically Adjusted PB Ratio of 1.92 as of Jul. 02, 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 International Seaways and its competitors. This is 79% above median its historical median of 1.07. Over the past decade, International Seaways' Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.15. According to the industry distribution chart, International Seaways ranks #516 out of 773 companies in the Oil & Gas industry, placing it in the top 66.8%.
Is International Seaways' Cyclically Adjusted PB Ratio too high?
International Seaways' current Cyclically Adjusted PB Ratio of 1.92 is 79% above median its 10-year median of 1.07. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 2.15. The Oil & Gas industry median Cyclically Adjusted PB Ratio is 1.17. International Seaways' value of 1.92 is 64.1% above this industry median. Based on the distribution chart, International Seaways ranks #516 out of 773 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, International Seaways has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does International Seaways' Cyclically Adjusted PB Ratio compare to KNTK and STNG?
According to the Oil & Gas industry distribution chart, International Seaways ranks #516 out of 773 companies for Cyclically Adjusted PB Ratio. This places International Seaways in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.17. International Seaways' value of 1.92 is 64.1% above this benchmark. Historically, International Seaways' own Cyclically Adjusted PB Ratio has ranged from 0.67 to 2.15 over the past decade. While the company's 10-year median is 1.07 vs. the industry median of 1.17, International Seaways has consistently been above 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 an Oil & Gas company?
The median Cyclically Adjusted PB Ratio among Oil & Gas companies is 1.17, based on 773 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. International Seaways's current Cyclically Adjusted PB Ratio of 1.92 is 64.1% above 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 International Seaways and its competitors. For the Oil & Gas industry, the median Cyclically Adjusted PB Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Seaways's current Cyclically Adjusted PB Ratio is 1.92, which is 79% above median its own 10-year median of 1.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Seaways stock overvalued right now?
Based on GuruFocus' analysis, International Seaways (INSW) is currently considered Significantly Overvalued. The stock's GF Value™ is $49.89, compared to a current price of $81.98 — trading 64.3% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.92, which is 79% above median its 10-year median of 1.07 and 64.1% above the Oil & Gas industry median of 1.17. International Seaways' overall GF Score™ is 64/100 with 2 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 International Seaways (INSW), the current Cyclically Adjusted PB Ratio is 1.92 as of Jul. 02, 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 International Seaways (INSW) Overvalued in 2026?

Based on GuruFocus' analysis, International Seaways stock appears to be overvalued. The current stock price of $81.98 is trading 64.3% above its estimated GF Value™ of $49.89. GuruFocus considers International Seaways to be Significantly Overvalued.

Key valuation signals for INSW:

  • Cyclically Adjusted PB Ratio: 1.92 (79% above median its 10-year median of 1.07)
  • GF Value™: $49.89 vs. price of $81.98 (64.3% above fair value)
  • GF Score™: 64/100 with 2 warning signs
  • Industry Position: 64.1% above the Oil & Gas median (#516 of 773)

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


International Seaways Business Description

Industry EnergyOil & Gas
Other Exchanges IS5:Germany
Address 600 Third Avenue, 39th Floor, New York, NY, USA, 10016
International Seaways Inc owns and operates a fleet of oceangoing vessels engaged in the transportation of crude oil and petroleum products. The company's vessel operations are organized into two segments: Crude Tankers and Product Carriers. Its fleet consists of ULCC, VLCC, Suezmax, Aframax, and Panamax crude tankers, as well as LR1, LR2, and MR product carriers.
64GF Score

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

$81.98
Price
$49.89
GF Value