GNK (Genco Shipping & Trading) PB Ratio: 1.19 (As of Jul. 18, 2026) — 92% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
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.

GNK Genco Shipping & Trading Ltd GNK
60 GF Score
Price $24.12
GF Value $17.05
Valuation Significantly Overvalued
! 13 Warning Signs
View Full Analysis

What is Genco Shipping & Trading PB Ratio?

Genco Shipping & Trading GNK -4.55% 60 PB Ratio is 1.19 as of Jul. 18, 2026, which is 92% above its 10-year median of 0.62. GuruFocus rates GNK with a GF Score™ of 60/100 and a GF Value™ of $17.05 (Significantly Overvalued). The stock has 13 warning signs investors should review. Among 965 Transportation companies, Genco Shipping & Trading ranks worse than 50.05% 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 (2026-07-18), Genco Shipping & Trading's share price is $24.12. Genco Shipping & Trading's Book Value per Share for the quarter that ended in Mar. 2026 was $20.32. Hence, Genco Shipping & Trading's PB Ratio of today is 1.19.

Warning Sign:

Genco Shipping & Trading Ltd stock PB Ratio (=1.19) is close to 10-year high of 1.28.

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

GNK' s PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.62   Max: 1.28
Current: 1.19

During the past 13 years, Genco Shipping & Trading's highest PB Ratio was 1.28. The lowest was 0.03. And the median was 0.62.

GNK's PB Ratio is ranked worse than
50.05% of 965 companies
in the Transportation industry
Industry Median: 1.24 vs GNK: 1.19

During the past 12 months, Genco Shipping & Trading's average Book Value Per Share Growth Rate was -3.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -15.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Genco Shipping & Trading was 94.60% per year. The lowest was -45.00% per year. And the median was -4.50% per year.

Back to Basics: PB Ratio


Genco Shipping & Trading  (NYSE:GNK) 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.


Genco Shipping & Trading PB Ratio Related Terms


Genco Shipping & Trading PB Ratio Historical Data

* Premium members only.

The historical data trend for Genco Shipping & Trading'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.

Genco Shipping & Trading PB Ratio Chart

Genco Shipping & Trading Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.73 0.67 0.77 0.64 0.89

Genco Shipping & Trading Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 0.64 0.63 0.87 0.89 1.11

GNK vs CCEC, GSL, SFL: PB Ratio Comparison

For the Marine Shipping subindustry, Genco Shipping & Trading'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.


Genco Shipping & Trading PB Ratio vs Transportation Industry

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

* The bar in red indicates where Genco Shipping & Trading's PB Ratio falls into.


GNK
60GF Score
Genco Shipping & Trading Ltd GNK
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Genco Shipping & Trading 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.

Genco Shipping & Trading's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=24.12/20.318
=1.19

* 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 1.19 mean?
Genco Shipping & Trading (GNK) has a PB Ratio of 1.19 as of Jul. 18, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Genco Shipping & Trading and its competitors. This is 92% above median its historical median of 0.62. Over the past decade, Genco Shipping & Trading's PB Ratio has ranged from 0.03 to 1.28. According to the industry distribution chart, Genco Shipping & Trading ranks #483 out of 965 companies in the Transportation industry, placing it in the top 50.1%.
Is Genco Shipping & Trading's PB Ratio too high?
Genco Shipping & Trading's current PB Ratio of 1.19 is 92% above median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.28. The Transportation industry median PB Ratio is 1.24. Genco Shipping & Trading's value of 1.19 is 4% below this industry median. Based on the distribution chart, Genco Shipping & Trading ranks #483 out of 965 companies in the Transportation industry, which is below the industry midpoint. Overall, Genco Shipping & Trading has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Genco Shipping & Trading's PB Ratio compare to CCEC and GSL?
According to the Transportation industry distribution chart, Genco Shipping & Trading ranks #483 out of 965 companies for PB Ratio. This places Genco Shipping & Trading in the lower half of its industry. The industry median PB Ratio is 1.24. Genco Shipping & Trading's value of 1.19 is 4% below this benchmark. Historically, Genco Shipping & Trading's own PB Ratio has ranged from 0.03 to 1.28 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 1.24, Genco Shipping & Trading 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 1.24, based on 965 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. Genco Shipping & Trading's current PB Ratio of 1.19 is 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 Genco Shipping & Trading and its competitors. For the Transportation industry, the median PB Ratio is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Genco Shipping & Trading's current PB Ratio is 1.19, which is 92% above median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Genco Shipping & Trading stock overvalued right now?
Based on GuruFocus' analysis, Genco Shipping & Trading (GNK) is currently considered Significantly Overvalued. The stock's GF Value™ is $17.05, compared to a current price of $24.12 — trading 41.5% above its estimated fair value. The current PB Ratio is 1.19, which is 92% above median its 10-year median of 0.62 and 4% below the Transportation industry median of 1.24. Genco Shipping & Trading's overall GF Score™ is 60/100 with 13 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 Genco Shipping & Trading (GNK), the current PB Ratio is 1.19 as of Jul. 18, 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 Genco Shipping & Trading (GNK) Overvalued in 2026?

Based on GuruFocus' analysis, Genco Shipping & Trading stock appears to be overvalued. The current stock price of $24.12 is trading 41.5% above its estimated GF Value™ of $17.05. GuruFocus considers Genco Shipping & Trading to be Significantly Overvalued.

Key valuation signals for GNK:

  • PB Ratio: 1.19 (92% above median its 10-year median of 0.62)
  • GF Value™: $17.05 vs. price of $24.12 (41.5% above fair value)
  • GF Score™: 60/100 with 13 warning signs
  • Industry Position: 4% below the Transportation median (#483 of 965)

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


Genco Shipping & Trading Business Description

Other Exchanges GNU1:Germany
Address 299 Park Avenue, 12th Floor, New York, NY, USA, 10171
Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.
60GF Score

Get the complete analysis for GNK

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

$24.12
Price
$17.05
GF Value