Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Performance Shipping's Debt-to-EBITDA or its related term are showing as below:
FRA:DS2'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.15 Med: 0.82 Max: 5.84
Current: 5.39
During the past 13 years, the highest Debt-to-EBITDA Ratio of Performance Shipping was 5.84. The lowest was -48.15. And the median was 0.82.
FRA:DS2's Debt-to-EBITDA is ranked worse than 76.9% of 870
companies
in the Transportation industry
Industry Median: 2.645
vs FRA:DS2: 5.39
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Performance Shipping Debt-to-EBITDA Related Terms
Performance Shipping Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Performance Shipping's Debt-to-EBITDA 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.
FRA:DS2 vs VNTG, UFG, EHLD: Debt-to-EBITDA Comparison
For the Marine Shipping subindustry, Performance Shipping's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA 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 Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Performance Shipping's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Performance Shipping's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Performance Shipping (FRA:DS2) has a Debt-to-EBITDA of 0.00 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Performance Shipping. According to the industry distribution chart, Performance Shipping ranks #669 out of 870 companies in the Transportation industry, placing it in the top 76.9%.
Is Performance Shipping's Debt-to-EBITDA too high?
Performance Shipping's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Performance Shipping ranks #669 out of 870 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Performance Shipping has a GF Score™ of 53/100, reflecting its overall financial health beyond just this single metric.
How does Performance Shipping's Debt-to-EBITDA compare to VNTG and UFG?
According to the Transportation industry distribution chart, Performance Shipping ranks #669 out of 870 companies for Debt-to-EBITDA. This places Performance Shipping in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA 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 Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Performance Shipping. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Performance Shipping's current Debt-to-EBITDA 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?
Performance Shipping (FRA:DS2) has a current Debt-to-EBITDA of 0.00. The stock's GF Value™ is €1.76, compared to a current price of €1.55 — trading 11.7% below its estimated fair value. The current Debt-to-EBITDA 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 Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Performance Shipping (FRA:DS2), the current Debt-to-EBITDA is 0.00 as of Mar. 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 (FRA:DS2) Overvalued in 2026?
Based on GuruFocus' analysis, Performance Shipping stock appears to be undervalued.
The current stock price of €1.55 is trading 11.7% below its estimated GF Value™ of €1.76.
Key valuation signals for FRA:DS2:
Debt-to-EBITDA: 0.00
GF Value™: €1.76 vs. price of €1.55 (11.7% below fair value)
No single metric tells the full story. See the FRA:DS2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 FRA:DS2
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:DS2 has been successfully added to your 
