Global Ship Lease (Global Ship Lease) Price-to-Tangible-Book : 0.67 (As of Apr. 26, 2024)

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What is Global Ship Lease Price-to-Tangible-Book?

As of today (2024-04-26), Global Ship Lease's share price is $22.47. Global Ship Lease's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $33.66. Hence, Global Ship Lease's Price to Tangible Book Ratio of today is 0.67.

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

GSL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.16 Med: 0.43 Max: 1.17
Current: 0.67

During the past 13 years, Global Ship Lease's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.16. And the median was 0.43.

GSL's Price-to-Tangible-Book is ranked better than
86.03% of 866 companies
in the Business Services industry
Industry Median: 2.045 vs GSL: 0.67

A closely related ratio is called PB Ratio. As of today, Global Ship Lease's share price is $22.47. Global Ship Lease's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.66. Hence, Global Ship Lease's P/B Ratio of today is 0.67.

Global Ship Lease Price-to-Tangible-Book Historical Data

The historical data trend for Global Ship Lease'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.

Global Ship Lease Price-to-Tangible-Book Chart

Global Ship Lease Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.39

0.46

1.17

0.62

0.59

Global Ship Lease 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															0.62	0.66	0.64	0.57	0.59

Competitive Comparison of Global Ship Lease's Price-to-Tangible-Book

For the Rental & Leasing Services subindustry, Global Ship Lease'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.

Global Ship Lease's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Global Ship Lease's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Global Ship Lease's Price-to-Tangible-Book falls into.

Global Ship Lease Price-to-Tangible-Book Calculation

Global Ship Lease's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	22.47	/	33.659
	=	0.67

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Global Ship Lease Price-to-Tangible-Book Related Terms

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

Global Ship Lease (Global Ship Lease) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global Ship Lease Inc (NYSE:GSL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GSLpB.PFD:USA 37H:Germany 37H:Germany

Address

25 Wilton Road, London, GBR, SW1V 1LW

Website

https://www.globalshiplease.com

Global Ship Lease Inc operates in the container shipping industry. The company owns and charters out containerships under long-term, fixed-rate charters to container liner companies. The majority of the company's revenues are derived from charters to MAERSK. Its fleet consisted of more than 60 containerships.

Executives

Integrated Core Strategies (us) Llc	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Nisswa Acquisition Master Fund Ltd.	10 percent owner	C/O MAPLES CORPORATE SVCS LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Israel A Englander	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022
Millenco, L.l.c.	10 percent owner	C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Management Llc	other: May be deemed a group member.	399 PARK AVENUE, NEW YORK NY 10022
Integrated Holding Group, L.p.	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103-0899
Millennium International Management Lp	other: May be deemed a group member.	399 PARK AVENUE, NEW YORK NY 10022
Cognizant Holdings, Ltd.	other: May be deemed a group member.	C/O MILLENNIUM INTERNATIONAL MGMT. LP, 666 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10103
Millennium Group Management Llc	other: May be deemed a group member.	C/O MILLENNIUM MANAGEMENT LLC, 399 PARK AVENUE, NEW YORK NY 10022