PSHG (Performance Shipping) Cyclically Adjusted PB Ratio: 0.00 (As of Jul. 22, 2026)

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PSHG Performance Shipping Inc PSHG
53 GF Score
Price $1.76
GF Value $2.12
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Performance Shipping Cyclically Adjusted PB Ratio?

Performance Shipping PSHG +4.17% 53 Cyclically Adjusted PB Ratio is 0.00 as of Jul. 22, 2026. GuruFocus rates PSHG with a GF Score™ of 53/100 and a GF Value™ of $2.12 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 738 Transportation companies, Performance Shipping ranks worse than 135501.22% on this metric.

As of today (2026-07-22), Performance Shipping's current share price is $1.76. Performance Shipping's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $2,081.19. Performance Shipping's Cyclically Adjusted PB Ratio for today is 0.00.

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

During the past years, Performance Shipping's highest Cyclically Adjusted PB Ratio was 0.03. The lowest was 0.01. And the median was 0.02.

PSHG's Cyclically Adjusted PB Ratio is not ranked *
in the Transportation industry.
Industry Median: 1.245
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Performance Shipping's adjusted book value per share data for the three months ended in Mar. 2026 was $26.802. 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 $2,081.19 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Performance Shipping  (NAS:PSHG) 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.


Performance Shipping Cyclically Adjusted PB Ratio Related Terms


Performance Shipping Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Performance 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.

Performance Shipping Cyclically Adjusted PB Ratio Chart

Performance Shipping 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 0.02 0.00 0.00 0.00 0.00

Performance Shipping 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 0.00 0.00 0.00 0.00 0.00

PSHG vs CTRM, VNTG, EHLD: Cyclically Adjusted PB Ratio Comparison

For the Marine Shipping subindustry, Performance 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.


Performance Shipping Cyclically Adjusted PB Ratio vs Transportation Industry

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

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


PSHG
53GF Score
Performance Shipping Inc PSHG
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Performance 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.76/2081.19
=0.00

* 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.

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

For example, Performance Shipping'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)
=26.802/124.8200*124.8200
=26.802

Current CPI (Mar. 2026) = 124.8200.

Performance Shipping Quarterly Data

Book Value per Share CPI Adj_Book
201606 0.000 100.121 0.000
201609 0.000 99.878 0.000
201612 0.000 100.110 0.000
201703 0.000 100.770 0.000
201706 0.000 101.138 0.000
201709 43,002.333 100.882 53,206.444
201712 4,843.407 100.762 5,999.798
201803 2,860.426 100.534 3,551.412
201806 1,483.138 102.121 1,812.810
201809 954.927 101.982 1,168.779
201812 995.583 101.330 1,226.377
201903 610.312 101.482 750.664
201906 465.426 101.837 570.466
201909 290.526 101.906 355.853
201912 288.190 102.120 352.250
202003 281.012 101.479 345.649
202006 293.510 100.239 365.486
202009 298.557 99.886 373.085
202012 285.537 99.751 357.297
202103 277.357 99.817 346.831
202106 269.982 101.270 332.767
202109 263.681 102.095 322.373
202112 257.667 104.853 306.734
202203 497.931 108.651 572.030
202206 140.945 113.517 154.979
202209 31.328 114.371 34.190
202212 37.175 112.428 41.273
202303 15.216 113.620 16.716
202306 17.399 115.515 18.800
202309 17.841 116.234 19.159
202312 18.988 116.364 20.368
202403 19.882 117.285 21.159
202406 20.433 118.129 21.590
202409 21.396 119.650 22.320
202412 22.139 119.360 23.152
202503 24.507 120.133 25.463
202506 25.163 121.399 25.872
202509 25.441 121.950 26.040
202512 26.015 122.450 26.519
202603 26.802 124.820 26.802

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 0.00 mean?
Performance Shipping (PSHG) has a Cyclically Adjusted PB Ratio of 0.00 as of Jul. 22, 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 Performance Shipping and its competitors. Over the past decade, Performance Shipping's Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.03. According to the industry distribution chart, Performance Shipping ranks #999999 out of 738 companies in the Transportation industry.
Is Performance Shipping's Cyclically Adjusted PB Ratio too high?
Performance Shipping's current Cyclically Adjusted PB Ratio is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.03. Based on the distribution chart, Performance Shipping ranks #999999 out of 738 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Performance Shipping has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Performance Shipping's Cyclically Adjusted PB Ratio compare to CTRM and VNTG?
According to the Transportation industry distribution chart, Performance Shipping ranks #999999 out of 738 companies for Cyclically Adjusted PB Ratio. This places Performance Shipping in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Historically, Performance Shipping's own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.03 over the past decade. 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. 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 Performance Shipping 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. Performance Shipping's current Cyclically Adjusted PB Ratio is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Performance Shipping stock overvalued right now?
Based on GuruFocus' analysis, Performance Shipping (PSHG) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.12, compared to a current price of $1.76 — trading 17% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.00. Performance Shipping's overall GF Score™ is 53/100 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 Performance Shipping (PSHG), the current Cyclically Adjusted PB Ratio is 0.00 as of Jul. 22, 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 Performance Shipping (PSHG) Overvalued in 2026?

Based on GuruFocus' analysis, Performance Shipping stock appears to be undervalued. The current stock price of $1.76 is trading 17% below its estimated GF Value™ of $2.12. GuruFocus considers Performance Shipping to be Modestly Undervalued.

Key valuation signals for PSHG:

  • Cyclically Adjusted PB Ratio: 0.00
  • GF Value™: $2.12 vs. price of $1.76 (17% below fair value)
  • GF Score™: 53/100 with 6 warning signs

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


Performance Shipping Business Description

Other Exchanges DS2:Germany
Address 373 Syngrou Avenue, Palaio Faliro, Athens, GRC, 175 64
Performance Shipping Inc is a shipping company. The company is a provider of shipping transportation services through the ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying container vessels and cargo along various shipping routes. It owns and operates Aframax and Suezmax tanker vessels.
53GF Score

Get the complete analysis for PSHG

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

$1.76
Price
$2.12
GF Value