PANL (Pangaea Logistics Solutions) Cyclically Adjusted PB Ratio: 1.28 (As of Jul. 27, 2026) — Near Median

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PANL Pangaea Logistics Solutions Ltd PANL
68 GF Score
Price $7.42
GF Value $5.81
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Pangaea Logistics Solutions Cyclically Adjusted PB Ratio?

Pangaea Logistics Solutions PANL -3.12% 68 Cyclically Adjusted PB Ratio is 1.28 as of Jul. 27, 2026, which is 2% above its 10-year median of 1.26. GuruFocus rates PANL with a GF Score™ of 68/100 and a GF Value™ of $5.81 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 741 Transportation companies, Pangaea Logistics Solutions ranks worse than 51.69% on this metric.

As of today (2026-07-27), Pangaea Logistics Solutions's current share price is $7.4207. Pangaea Logistics Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $5.80. Pangaea Logistics Solutions's Cyclically Adjusted PB Ratio for today is 1.28.

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

PANL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.74   Med: 1.26   Max: 1.79
Current: 1.32

During the past years, Pangaea Logistics Solutions's highest Cyclically Adjusted PB Ratio was 1.79. The lowest was 0.74. And the median was 1.26.

PANL's Cyclically Adjusted PB Ratio is ranked worse than
51.69% of 741 companies
in the Transportation industry
Industry Median: 1.27 vs PANL: 1.32

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.

Pangaea Logistics Solutions's adjusted book value per share data for the three months ended in Mar. 2026 was $6.742. 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 $5.80 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pangaea Logistics Solutions  (NAS:PANL) 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.


Pangaea Logistics Solutions Cyclically Adjusted PB Ratio Related Terms


Pangaea Logistics Solutions Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Pangaea Logistics Solutions'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.

Pangaea Logistics Solutions Cyclically Adjusted PB Ratio Chart

Pangaea Logistics Solutions 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 1.60 1.02 1.22

Pangaea Logistics Solutions 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 0.88 0.86 0.91 1.22 1.22

PANL vs ESEA, CMDB, SHIP: Cyclically Adjusted PB Ratio Comparison

For the Marine Shipping subindustry, Pangaea Logistics Solutions'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.


Pangaea Logistics Solutions Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


PANL
68GF Score
Pangaea Logistics Solutions Ltd PANL
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pangaea Logistics Solutions 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.

Pangaea Logistics Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.4207/5.80
=1.28

* 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.

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

For example, Pangaea Logistics Solutions'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)
=6.742/330.2130*330.2130
=6.742

Current CPI (Mar. 2026) = 330.2130.

Pangaea Logistics Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201606 3.007 241.018 4.120
201609 3.173 241.428 4.340
201612 3.178 241.432 4.347
201703 3.336 243.801 4.518
201706 3.109 244.955 4.191
201709 3.223 246.819 4.312
201712 3.319 246.524 4.446
201803 3.353 249.554 4.437
201806 3.488 251.989 4.571
201809 3.683 252.439 4.818
201812 3.675 251.233 4.830
201903 3.731 254.202 4.847
201906 3.797 256.143 4.895
201909 3.956 256.759 5.088
201912 3.793 256.974 4.874
202003 3.647 258.115 4.666
202006 3.724 257.797 4.770
202009 3.900 260.280 4.948
202012 4.021 260.474 5.098
202103 4.157 264.877 5.182
202106 4.547 271.696 5.526
202109 5.113 274.310 6.155
202112 5.419 278.802 6.418
202203 5.776 287.504 6.634
202206 6.252 296.311 6.967
202209 6.607 296.808 7.351
202212 6.846 296.797 7.617
202303 6.752 301.836 7.387
202306 6.719 305.109 7.272
202309 7.031 307.789 7.543
202312 6.970 306.746 7.503
202403 7.088 312.332 7.494
202406 7.069 314.175 7.430
202409 7.091 315.301 7.426
202412 6.586 315.605 6.891
202503 6.413 319.799 6.622
202506 6.338 322.561 6.488
202509 6.448 324.800 6.555
202512 6.608 324.054 6.734
202603 6.742 330.213 6.742

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 1.28 mean?
Pangaea Logistics Solutions (PANL) has a Cyclically Adjusted PB Ratio of 1.28 as of Jul. 27, 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 Pangaea Logistics Solutions and its competitors. This is near median its historical median of 1.26. Over the past decade, Pangaea Logistics Solutions' Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.79. According to the industry distribution chart, Pangaea Logistics Solutions ranks #383 out of 741 companies in the Transportation industry, placing it in the top 51.7%.
Is Pangaea Logistics Solutions' Cyclically Adjusted PB Ratio too high?
Pangaea Logistics Solutions' current Cyclically Adjusted PB Ratio of 1.28 is near median its 10-year median of 1.26. Over the past 10 years, this metric has ranged from a low of 0.74 to a high of 1.79. The Transportation industry median Cyclically Adjusted PB Ratio is 1.27. Pangaea Logistics Solutions' value of 1.28 is 0.8% above this industry median. Based on the distribution chart, Pangaea Logistics Solutions ranks #383 out of 741 companies in the Transportation industry, which is below the industry midpoint. Overall, Pangaea Logistics Solutions has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pangaea Logistics Solutions' Cyclically Adjusted PB Ratio compare to ESEA and CMDB?
According to the Transportation industry distribution chart, Pangaea Logistics Solutions ranks #383 out of 741 companies for Cyclically Adjusted PB Ratio. This places Pangaea Logistics Solutions in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.27. Pangaea Logistics Solutions' value of 1.28 is 0.8% above this benchmark. Historically, Pangaea Logistics Solutions' own Cyclically Adjusted PB Ratio has ranged from 0.74 to 1.79 over the past decade. While the company's 10-year median is 1.26 vs. the industry median of 1.27, Pangaea Logistics Solutions 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 a Transportation company?
The median Cyclically Adjusted PB Ratio among Transportation companies is 1.27, based on 741 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. Pangaea Logistics Solutions's current Cyclically Adjusted PB Ratio of 1.28 is 0.8% 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 Pangaea Logistics Solutions and its competitors. For the Transportation industry, the median Cyclically Adjusted PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pangaea Logistics Solutions's current Cyclically Adjusted PB Ratio is 1.28, which is near median its own 10-year median of 1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pangaea Logistics Solutions stock overvalued right now?
Based on GuruFocus' analysis, Pangaea Logistics Solutions (PANL) is currently considered Modestly Overvalued. The stock's GF Value™ is $5.81, compared to a current price of $7.42 — trading 27.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.28, which is near median its 10-year median of 1.26 and 0.8% above the Transportation industry median of 1.27. Pangaea Logistics Solutions' overall GF Score™ is 68/100 with 7 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 Pangaea Logistics Solutions (PANL), the current Cyclically Adjusted PB Ratio is 1.28 as of Jul. 27, 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 Pangaea Logistics Solutions (PANL) Overvalued in 2026?

Based on GuruFocus' analysis, Pangaea Logistics Solutions stock appears to be overvalued. The current stock price of $7.42 is trading 27.7% above its estimated GF Value™ of $5.81. GuruFocus considers Pangaea Logistics Solutions to be Modestly Overvalued.

Key valuation signals for PANL:

  • Cyclically Adjusted PB Ratio: 1.28 (near median its 10-year median of 1.26)
  • GF Value™: $5.81 vs. price of $7.42 (27.7% above fair value)
  • GF Score™: 68/100 with 7 warning signs
  • Industry Position: 0.8% above the Transportation median (#383 of 741)

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


Pangaea Logistics Solutions Business Description

Address C/o Phoenix Bulk Carriers (US) LLC, 109 Long Wharf, Newport, RI, USA, 02840
Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
68GF Score

Get the complete analysis for PANL

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

$7.42
Price
$5.81
GF Value