Singapore Shipping (FRA:W1M) PB Ratio: 0.62 (As of Jul. 22, 2026) — 23% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

FRA:W1M Singapore Shipping Corp Ltd FRA:W1M
61 GF Score
Price €0.19
GF Value €0.16
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Singapore Shipping PB Ratio?

Singapore Shipping FRA:W1M 61 PB Ratio is 0.62 as of Jul. 22, 2026, which is 23% below its 10-year median of 0.81. GuruFocus rates FRA:W1M with a GF Score™ of 61/100 and a GF Value™ of €0.16 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 966 Transportation companies, Singapore Shipping ranks better than 80.43% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-22), Singapore Shipping's share price is €0.193. Singapore Shipping's Book Value per Share for the quarter that ended in Mar. 2026 was €0.31. Hence, Singapore Shipping's PB Ratio of today is 0.62.

The historical rank and industry rank for Singapore Shipping's PB Ratio or its related term are showing as below:

FRA:W1M' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.81   Max: 1.27
Current: 0.65

During the past 13 years, Singapore Shipping's highest PB Ratio was 1.27. The lowest was 0.56. And the median was 0.81.

FRA:W1M's PB Ratio is ranked better than
80.43% of 966 companies
in the Transportation industry
Industry Median: 1.25 vs FRA:W1M: 0.65

During the past 12 months, Singapore Shipping's average Book Value Per Share Growth Rate was 5.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.40% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Singapore Shipping was 12.00% per year. The lowest was -32.10% per year. And the median was 6.65% per year.

Back to Basics: PB Ratio


Singapore Shipping  (FRA:W1M) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

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


Singapore Shipping PB Ratio Related Terms


Singapore Shipping PB Ratio Historical Data

* Premium members only.

The historical data trend for Singapore Shipping's 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.

Singapore Shipping PB Ratio Chart

Singapore Shipping Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.64 0.55 0.59 0.60

Singapore Shipping Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
PB Ratio 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 0.55 0.55 0.59 0.63 0.60

Singapore Shipping PB Ratio Competitor Comparison

For the Marine Shipping subindustry, Singapore Shipping's PB Ratio, along with its competitors' market caps and 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.


Singapore Shipping PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Shipping's PB Ratio distribution charts can be found below:

* The bar in red indicates where Singapore Shipping's PB Ratio falls into.


FRA:W1M
61GF Score
Singapore Shipping Corp Ltd FRA:W1M
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Singapore Shipping PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Singapore Shipping's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.193/0.311
=0.62

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

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.62 mean?
Singapore Shipping (FRA:W1M) has a PB Ratio of 0.62 as of Jul. 22, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Singapore Shipping and its competitors. This is 23% below median its historical median of 0.81. Over the past decade, Singapore Shipping's PB Ratio has ranged from 0.56 to 1.27. According to the industry distribution chart, Singapore Shipping ranks #189 out of 966 companies in the Transportation industry, placing it in the top 19.6%.
Is Singapore Shipping's PB Ratio too high?
Singapore Shipping's current PB Ratio of 0.62 is 23% below median its 10-year median of 0.81. Over the past 10 years, this metric has ranged from a low of 0.56 to a high of 1.27. The Transportation industry median PB Ratio is 1.25. Singapore Shipping's value of 0.62 is 50.4% below this industry median. Based on the distribution chart, Singapore Shipping ranks #189 out of 966 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Singapore Shipping has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Singapore Shipping's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Singapore Shipping ranks #189 out of 966 companies for PB Ratio. This places Singapore Shipping in the top 20% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.25. Singapore Shipping's value of 0.62 is 50.4% below this benchmark. Historically, Singapore Shipping's own PB Ratio has ranged from 0.56 to 1.27 over the past decade. While the company's 10-year median is 0.81 vs. the industry median of 1.25, Singapore Shipping has consistently been below 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 PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 966 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Singapore Shipping's current PB Ratio of 0.62 is 50.4% below 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Singapore Shipping and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Singapore Shipping's current PB Ratio is 0.62, which is 23% below median its own 10-year median of 0.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Shipping stock overvalued right now?
Based on GuruFocus' analysis, Singapore Shipping (FRA:W1M) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.16, compared to a current price of €0.19 — trading 20.6% above its estimated fair value. The current PB Ratio is 0.62, which is 23% below median its 10-year median of 0.81 and 50.4% below the Transportation industry median of 1.25. Singapore Shipping's overall GF Score™ is 61/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Singapore Shipping (FRA:W1M), the current PB Ratio is 0.62 as of Jul. 22, 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 Singapore Shipping (FRA:W1M) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Shipping stock appears to be overvalued. The current stock price of €0.19 is trading 20.6% above its estimated GF Value™ of €0.16. GuruFocus considers Singapore Shipping to be Modestly Overvalued.

Key valuation signals for FRA:W1M:

  • PB Ratio: 0.62 (23% below median its 10-year median of 0.81)
  • GF Value™: €0.16 vs. price of €0.19 (20.6% above fair value)
  • GF Score™: 61/100 with 8 warning signs
  • Industry Position: 50.4% below the Transportation median (#189 of 966)

No single metric tells the full story. See the FRA:W1M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Singapore Shipping Business Description

Other Exchanges S19:Singapore
Address 200 Cantonment Road, No. 09-01 Southpoint, Singapore, SGP, 089763
Singapore Shipping Corp Ltd is a shipping company. It operates in two segments: Ship owning segment which includes ship owning and ship management, and Agency and logistics segment that includes shipping agency, terminal operations, warehousing, and logistics services. The company generates the majority of the revenue from the Ship owning segment. Further, it also operates in geographical segments like Japan, Singapore, and other countries. It generates the majority of its revenues from Japan.
61GF Score

Get the complete analysis for FRA:W1M

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

€0.19
Price
€0.16
GF Value