PCFBY (Pacific Basin Shipping) Piotroski F-Score: 6 (As of Jun. 25, 2026) — Near Median


PCFBY Pacific Basin Shipping Ltd PCFBY
70 GF Score
Price $7.58
GF Value $5.19
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Pacific Basin Shipping Piotroski F-Score?

Pacific Basin Shipping PCFBY 70 Piotroski F-Score is 6 as of Jun. 25, 2026, which is at its 10-year median of 6.00. GuruFocus rates PCFBY with a GF Score™ of 70/100 and a GF Value™ of $5.19 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 980 Transportation companies, Pacific Basin Shipping ranks better than 72.24% on this metric.

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Pacific Basin Shipping has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Pacific Basin Shipping's Piotroski F-Score or its related term are showing as below:

PCFBY' s Piotroski F-Score Range Over the Past 10 Years
Min: 3   Med: 6   Max: 8
Current: 6

During the past 13 years, the highest Piotroski F-Score of Pacific Basin Shipping was 8. The lowest was 3. And the median was 6.

Pacific Basin Shipping  (OTCPK:PCFBY) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Pacific Basin Shipping Piotroski F-Score Related Terms


Pacific Basin Shipping Piotroski F-Score Historical Data

* Premium members only.

The historical data trend for Pacific Basin Shipping's Piotroski F-Score 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.

Pacific Basin Shipping Piotroski F-Score Chart

Pacific Basin Shipping Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.00 4.00 5.00 8.00 6.00

Pacific Basin Shipping Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Piotroski F-Score 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 5.00 0.00 8.00 0.00 6.00

Pacific Basin Shipping Piotroski F-Score Competitor Comparison

For the Marine Shipping subindustry, Pacific Basin Shipping's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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.


Pacific Basin Shipping Piotroski F-Score vs Transportation Industry

For the Transportation industry and Industrials sector, Pacific Basin Shipping's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Pacific Basin Shipping's Piotroski F-Score falls into.


PCFBY
70GF Score
Pacific Basin Shipping Ltd PCFBY
Piotroski F-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

How is the Piotroski F-Score calculated?

* 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.

This Year (Dec25) TTM:Last Year (Dec24) TTM:
Net Income was $58 Mil.
Cash Flow from Operations was $271 Mil.
Revenue was $2,081 Mil.
Gross Profit was $76 Mil.
Average Total Assets from the begining of this year (Dec24)
to the end of this year (Dec25) was (2414.035 + 2278.427) / 2 = $2346.231 Mil.
Total Assets at the begining of this year (Dec24) was $2,414 Mil.
Long-Term Debt & Capital Lease Obligation was $135 Mil.
Total Current Assets was $517 Mil.
Total Current Liabilities was $318 Mil.
Net Income was $132 Mil.

Revenue was $2,582 Mil.
Gross Profit was $135 Mil.
Average Total Assets from the begining of last year (Dec23)
to the end of last year (Dec24) was (2432.462 + 2414.035) / 2 = $2423.2485 Mil.
Total Assets at the begining of last year (Dec23) was $2,432 Mil.
Long-Term Debt & Capital Lease Obligation was $238 Mil.
Total Current Assets was $566 Mil.
Total Current Liabilities was $349 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Pacific Basin Shipping's current Net Income (TTM) was 58. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Pacific Basin Shipping's current Cash Flow from Operations (TTM) was 271. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Dec24)
=58.172/2414.035
=0.02409741

ROA (Last Year)=Net Income/Total Assets (Dec23)
=131.697/2432.462
=0.05414144

Pacific Basin Shipping's return on assets of this year was 0.02409741. Pacific Basin Shipping's return on assets of last year was 0.05414144. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Pacific Basin Shipping's current Net Income (TTM) was 58. Pacific Basin Shipping's current Cash Flow from Operations (TTM) was 271. ==> 271 > 58 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Dec25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec24 to Dec25
=134.901/2346.231
=0.0574969

Gearing (Last Year: Dec24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Dec23 to Dec24
=237.925/2423.2485
=0.09818432

Pacific Basin Shipping's gearing of this year was 0.0574969. Pacific Basin Shipping's gearing of last year was 0.09818432. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Dec25)=Total Current Assets/Total Current Liabilities
=516.813/317.769
=1.62637954

Current Ratio (Last Year: Dec24)=Total Current Assets/Total Current Liabilities
=565.808/348.967
=1.62137967

Pacific Basin Shipping's current ratio of this year was 1.62637954. Pacific Basin Shipping's current ratio of last year was 1.62137967. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Pacific Basin Shipping's number of shares in issue this year was 260.731. Pacific Basin Shipping's number of shares in issue last year was 268.961. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=75.839/2081.039
=0.03644285

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=135.24/2581.552
=0.05238709

Pacific Basin Shipping's gross margin of this year was 0.03644285. Pacific Basin Shipping's gross margin of last year was 0.05238709. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Dec24)
=2081.039/2414.035
=0.86205834

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Dec23)
=2581.552/2432.462
=1.06129181

Pacific Basin Shipping's asset turnover of this year was 0.86205834. Pacific Basin Shipping's asset turnover of last year was 1.06129181. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+1+0+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Pacific Basin Shipping has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Frequently Asked Questions Learn more about Piotroski F-Score →
What does a Piotroski F-Score of 6 mean?
Pacific Basin Shipping (PCFBY) has a Piotroski F-Score of 6 as of Jun. 25, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pacific Basin Shipping and its competitors. This is near median its historical median of 6.00. Over the past decade, Pacific Basin Shipping's Piotroski F-Score has ranged from 3.00 to 8.00. According to the industry distribution chart, Pacific Basin Shipping ranks #272 out of 980 companies in the Transportation industry, placing it in the top 27.8%.
Is Pacific Basin Shipping's Piotroski F-Score too high?
Pacific Basin Shipping's current Piotroski F-Score of 6 is near median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 8.00. The Transportation industry median Piotroski F-Score is 6.00. Pacific Basin Shipping's value of 6 is 0% at this industry median. Based on the distribution chart, Pacific Basin Shipping ranks #272 out of 980 companies in the Transportation industry, which is above the industry midpoint. Overall, Pacific Basin Shipping has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pacific Basin Shipping's Piotroski F-Score compare to competitors?
According to the Transportation industry distribution chart, Pacific Basin Shipping ranks #272 out of 980 companies for Piotroski F-Score. This puts Pacific Basin Shipping in the upper half of its industry. The industry median Piotroski F-Score is 6.00. Pacific Basin Shipping's value of 6 is 0% at this benchmark. Historically, Pacific Basin Shipping's own Piotroski F-Score has ranged from 3.00 to 8.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Pacific Basin Shipping has consistently been at 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 Piotroski F-Score for a Transportation company?
The median Piotroski F-Score among Transportation companies is 6.00, based on 980 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pacific Basin Shipping's current Piotroski F-Score of 6 is 0% at 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Pacific Basin Shipping and its competitors. For the Transportation industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pacific Basin Shipping's current Piotroski F-Score is 6, which is near median its own 10-year median of 6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pacific Basin Shipping stock overvalued right now?
Based on GuruFocus' analysis, Pacific Basin Shipping (PCFBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $5.19, compared to a current price of $7.58 — trading 46.1% above its estimated fair value. The current Piotroski F-Score is 6, which is near median its 10-year median of 6.00 and 0% at the Transportation industry median of 6.00. Pacific Basin Shipping's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Pacific Basin Shipping (PCFBY), the current Piotroski F-Score is 6 as of Jun. 25, 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 Pacific Basin Shipping (PCFBY) Overvalued in 2026?

Based on GuruFocus' analysis, Pacific Basin Shipping stock appears to be overvalued. The current stock price of $7.58 is trading 46.1% above its estimated GF Value™ of $5.19. GuruFocus considers Pacific Basin Shipping to be Significantly Overvalued.

Key valuation signals for PCFBY:

  • Piotroski F-Score: 6 (near median its 10-year median of 6.00)
  • GF Value™: $5.19 vs. price of $7.58 (46.1% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 0% at the Transportation median (#272 of 980)

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


Pacific Basin Shipping Business Description

Address 2 Heung Yip Road, 31st Floor, One Island South, Wong Chuk Hang, Hong Kong, HKG
Pacific Basin Shipping Ltd is engaged in the provision of dry bulk shipping services internationally. It owns and operates dry bulk cargo vessels, and its business is customer and cargo focused, providing industrial buyers, traders and producers of dry bulk commodities with a safe, reliable and competitive freight service under spot and long-term cargo contracts. The company's revenue is substantially derived from the provision of dry bulk shipping services internationally.
70GF Score

Get the complete analysis for PCFBY

Piotroski F-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$7.58
Price
$5.19
GF Value