Diamond S Shipping Group (Diamond S Shipping Group) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)

View and export this data going back to . Start your Free Trial

What is Diamond S Shipping Group Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Diamond S Shipping Group does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Shiller PE for Stocks: The True Measure of Stock Valuation

Diamond S Shipping Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Diamond S Shipping Group'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.

Diamond S Shipping Group Cyclically Adjusted PB Ratio Chart

Diamond S Shipping Group Annual Data

Trend

Mar12

Mar13

Cyclically Adjusted PB Ratio

Diamond S Shipping Group Semi-Annual Data
	Mar12	Mar13
Cyclically Adjusted PB Ratio	-	-

Competitive Comparison of Diamond S Shipping Group's Cyclically Adjusted PB Ratio

For the Marine Shipping subindustry, Diamond S Shipping Group'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.

Diamond S Shipping Group's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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

Diamond S Shipping Group 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.

Diamond S Shipping Group does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Diamond S Shipping Group (NYSE:DSG) 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.

Diamond S Shipping Group Cyclically Adjusted PB Ratio Related Terms

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

Diamond S Shipping Group (Diamond S Shipping Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Diamond S Shipping Group Inc (NYSE:DSG) » Definitions » Cyclically Adjusted PB Ratio

Comparable Companies

PRGNF TEUFF BSTN TOPS RLOG DRYS ESEA GTMAY PXS GLBS SHIP GNKOQ GSL NAO PANL NAP GASS NM DAC OSG

Traded in Other Exchanges

N/A

Address

Website

http://www.diamondsshipping.com

Diamond S Shipping Group Inc, is incorporated in Marshall Islands on July 31, 2013. The Company provides seaborne transportation of refined petroleum and other products in the international shipping markets. The Company is the owners and operators of medium range, or MR, product tankers. The Company's fleet currently consists of 33 MR product tankers built at Korean and Japanese shipyards. The Company competes on basis of price, vessel location, size, age and condition of the vessel. The Company is subject to various international conventions, national, state and local laws and regulations in the countries in which its vessels may operate or are registered.