Harbor Star Shipping Services (PHS:TUGS) Cyclically Adjusted PB Ratio: 0.43 (As of Jul. 09, 2026) — 19% Above Median


PHS:TUGS Harbor Star Shipping Services Inc PHS:TUGS
57 GF Score
Price ₱0.96
GF Value ₱0.61
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Harbor Star Shipping Services Cyclically Adjusted PB Ratio?

Harbor Star Shipping Services PHS:TUGS +11.63% 57 Cyclically Adjusted PB Ratio is 0.43 as of Jul. 09, 2026, which is 19% above its 10-year median of 0.36. GuruFocus rates PHS:TUGS with a GF Score™ of 57/100 and a GF Value™ of ₱0.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 738 Transportation companies, Harbor Star Shipping Services ranks better than 89.57% on this metric.

As of today (2026-07-09), Harbor Star Shipping Services's current share price is ₱0.96. Harbor Star Shipping Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱2.21. Harbor Star Shipping Services's Cyclically Adjusted PB Ratio for today is 0.43.

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

PHS:TUGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.36   Max: 0.73
Current: 0.37

During the past years, Harbor Star Shipping Services's highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.21. And the median was 0.36.

PHS:TUGS's Cyclically Adjusted PB Ratio is ranked better than
89.57% of 738 companies
in the Transportation industry
Industry Median: 1.25 vs PHS:TUGS: 0.37

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.

Harbor Star Shipping Services's adjusted book value per share data for the three months ended in Mar. 2026 was ₱2.729. 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 ₱2.21 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Harbor Star Shipping Services  (PHS:TUGS) 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.


Harbor Star Shipping Services Cyclically Adjusted PB Ratio Related Terms


Harbor Star Shipping Services Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Harbor Star Shipping Services'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.

Harbor Star Shipping Services Cyclically Adjusted PB Ratio Chart

Harbor Star Shipping Services 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 0.52 0.39 0.30 0.27

Harbor Star Shipping Services 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 0.29 0.29 0.26 0.27 0.25

Harbor Star Shipping Services Cyclically Adjusted PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Harbor Star Shipping Services'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.


Harbor Star Shipping Services Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


PHS:TUGS
57GF Score
Harbor Star Shipping Services Inc PHS:TUGS
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Harbor Star Shipping Services 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.

Harbor Star Shipping Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.96/2.21
=0.43

* 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.

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

For example, Harbor Star Shipping Services'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)
=2.729/330.2130*330.2130
=2.729

Current CPI (Mar. 2026) = 330.2130.

Harbor Star Shipping Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.629 241.018 2.232
201609 1.648 241.428 2.254
201612 1.711 241.432 2.340
201703 1.699 243.801 2.301
201706 1.723 244.955 2.323
201709 1.745 246.819 2.335
201712 1.816 246.524 2.432
201803 1.826 249.554 2.416
201806 1.841 251.989 2.412
201809 1.878 252.439 2.457
201812 1.835 251.233 2.412
201903 1.724 254.202 2.240
201906 1.714 256.143 2.210
201909 1.663 256.759 2.139
201912 1.394 256.974 1.791
202003 1.362 258.115 1.742
202006 1.394 257.797 1.786
202009 1.384 260.280 1.756
202012 1.286 260.474 1.630
202103 1.210 264.877 1.508
202106 1.208 271.696 1.468
202109 1.128 274.310 1.358
202112 1.384 278.802 1.639
202203 1.652 287.504 1.897
202206 1.847 296.311 2.058
202209 1.852 296.808 2.060
202212 1.948 296.797 2.167
202303 2.080 301.836 2.276
202306 2.180 305.109 2.359
202309 2.175 307.789 2.333
202312 2.313 306.746 2.490
202403 2.266 312.332 2.396
202406 2.592 314.175 2.724
202409 2.683 315.301 2.810
202412 2.440 315.605 2.553
202503 2.575 319.799 2.659
202506 2.455 322.561 2.513
202509 2.597 324.800 2.640
202512 2.597 324.054 2.646
202603 2.729 330.213 2.729

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 0.43 mean?
Harbor Star Shipping Services (PHS:TUGS) has a Cyclically Adjusted PB Ratio of 0.43 as of Jul. 09, 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 Harbor Star Shipping Services and its competitors. This is 19% above median its historical median of 0.36. Over the past decade, Harbor Star Shipping Services' Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.73. According to the industry distribution chart, Harbor Star Shipping Services ranks #77 out of 738 companies in the Transportation industry, placing it in the top 10.4%.
Is Harbor Star Shipping Services' Cyclically Adjusted PB Ratio too high?
Harbor Star Shipping Services' current Cyclically Adjusted PB Ratio of 0.43 is 19% above median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.73. The Transportation industry median Cyclically Adjusted PB Ratio is 1.25. Harbor Star Shipping Services' value of 0.43 is 65.6% below this industry median. Based on the distribution chart, Harbor Star Shipping Services ranks #77 out of 738 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Harbor Star Shipping Services has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Star Shipping Services' Cyclically Adjusted PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Harbor Star Shipping Services ranks #77 out of 738 companies for Cyclically Adjusted PB Ratio. This places Harbor Star Shipping Services in the top 10% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.25. Harbor Star Shipping Services' value of 0.43 is 65.6% below this benchmark. Historically, Harbor Star Shipping Services' own Cyclically Adjusted PB Ratio has ranged from 0.21 to 0.73 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 1.25, Harbor Star Shipping Services 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. Harbor Star Shipping Services's current Cyclically Adjusted PB Ratio of 0.43 is 65.6% 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 Harbor Star Shipping Services 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. Harbor Star Shipping Services's current Cyclically Adjusted PB Ratio is 0.43, which is 19% above median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Star Shipping Services stock overvalued right now?
Based on GuruFocus' analysis, Harbor Star Shipping Services (PHS:TUGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₱0.61, compared to a current price of ₱0.96 — trading 57.4% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.43, which is 19% above median its 10-year median of 0.36 and 65.6% below the Transportation industry median of 1.25. Harbor Star Shipping Services' overall GF Score™ is 57/100 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 Harbor Star Shipping Services (PHS:TUGS), the current Cyclically Adjusted PB Ratio is 0.43 as of Jul. 09, 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 Harbor Star Shipping Services (PHS:TUGS) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Star Shipping Services stock appears to be overvalued. The current stock price of ₱0.96 is trading 57.4% above its estimated GF Value™ of ₱0.61. GuruFocus considers Harbor Star Shipping Services to be Significantly Overvalued.

Key valuation signals for PHS:TUGS:

  • Cyclically Adjusted PB Ratio: 0.43 (19% above median its 10-year median of 0.36)
  • GF Value™: ₱0.61 vs. price of ₱0.96 (57.4% above fair value)
  • GF Score™: 57/100 with 6 warning signs
  • Industry Position: 65.6% below the Transportation median (#77 of 738)

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


Harbor Star Shipping Services Business Description

Address 2224 A. Bonifacio Street corner Pres. Sergio Osmena Highway, Bangkal, Makati, PHL, 1233
Harbor Star Shipping Services Inc is an integrated maritime service provider. The service lines include harbor assistance, lighterage, towing, ship salvage, marine construction, repair, and maintenance works, wreck removal, firefighting, oil spill abatement and recovery, handling hazardous chemicals, ship and crew management, diving, and underwater marine works. Other marine services include oil and chemical spill response, diving and underwater work, and ship and crew management. The company operates in two segments: Harbor assistance and Renewable energy. It generates maximum revenue from the Harbor assistance segment.
57GF Score

Get the complete analysis for PHS:TUGS

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

₱0.96
Price
₱0.61
GF Value