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Performance Shipping (Performance Shipping) Price-to-Tangible-Book : 0.11 (As of Apr. 26, 2024)


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What is Performance Shipping Price-to-Tangible-Book?

As of today (2024-04-26), Performance Shipping's share price is $2.035. Performance Shipping's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $18.99. Hence, Performance Shipping's Price to Tangible Book Ratio of today is 0.11.

The historical rank and industry rank for Performance Shipping's Price-to-Tangible-Book or its related term are showing as below:

PSHG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.1   Med: 0.13   Max: 0.44
Current: 0.11

During the past 13 years, Performance Shipping's highest Price to Tangible Book Ratio was 0.44. The lowest was 0.10. And the median was 0.13.

PSHG's Price-to-Tangible-Book is ranked better than
99.66% of 880 companies
in the Transportation industry
Industry Median: 1.395 vs PSHG: 0.11

A closely related ratio is called PB Ratio. As of today, Performance Shipping's share price is $2.035. Performance Shipping's Book Value per Sharefor the quarter that ended in Dec. 2023 was $18.99. Hence, Performance Shipping's P/B Ratio of today is 0.11.


Performance Shipping Price-to-Tangible-Book Historical Data

The historical data trend for Performance Shipping's Price-to-Tangible-Book 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.

Performance Shipping Price-to-Tangible-Book Chart

Performance Shipping Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.44 0.24 0.22 0.10 0.12

Performance Shipping Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book 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 0.10 0.05 0.05 0.11 0.12

Competitive Comparison of Performance Shipping's Price-to-Tangible-Book

For the Marine Shipping subindustry, Performance Shipping's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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's Price-to-Tangible-Book Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Performance Shipping's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Performance Shipping's Price-to-Tangible-Book falls into.



Performance Shipping Price-to-Tangible-Book Calculation

Performance Shipping's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.035/18.988
=0.11

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Performance Shipping Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Performance Shipping's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Performance Shipping (Performance Shipping) Business Description

Traded in Other Exchanges
Address
373 Syngrou Avenue, 175 64 Palaio Faliro, Athens, GRC, 175 64
Performance Shipping Inc is a provider of shipping transportation services through its ownership of tanker vessels. The company's vessels are employed on time charters with liner companies carrying containerized cargo along various shipping routes. It owns and operates eight Aframax tanker vessels.
Executives
Gyllenhammar Ab Peter 10 percent owner LINNEGATAN 18, STOCKHOLM V7 11447