Bulgarian River Shipping AD (LTS:0ONQ) PB Ratio: 0.40 (As of Aug. 13, 2026) — 23% Below Median

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LTS:0ONQ Bulgarian River Shipping AD LTS:0ONQ
21 GF Score
Price лв0.80
GF Value лв1.16
! 3 Warning Signs
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What is Bulgarian River Shipping AD PB Ratio?

Bulgarian River Shipping AD LTS:0ONQ 21 PB Ratio is 0.40 as of Aug. 13, 2026, which is 23% below its 10-year median of 0.52. GuruFocus rates LTS:0ONQ with a GF Score™ of 21/100 and a GF Value™ of лв1.16. The stock has 3 warning signs investors should review. Among 962 Transportation companies, Bulgarian River Shipping AD ranks better than 95.22% 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 (2026-08-13), Bulgarian River Shipping AD's share price is лв0.80. Bulgarian River Shipping AD's Book Value per Share for the quarter that ended in Mar. 2026 was лв2.01. Hence, Bulgarian River Shipping AD's PB Ratio of today is 0.40.

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

LTS:0ONQ' s PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 0.52   Max: 0.8
Current: 0.31

During the past 13 years, Bulgarian River Shipping AD's highest PB Ratio was 0.80. The lowest was 0.21. And the median was 0.52.

LTS:0ONQ's PB Ratio is ranked better than
95.22% of 962 companies
in the Transportation industry
Industry Median: 1.27 vs LTS:0ONQ: 0.31

During the past 12 months, Bulgarian River Shipping AD's average Book Value Per Share Growth Rate was -0.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bulgarian River Shipping AD was 3.30% per year. The lowest was -4.00% per year. And the median was -0.20% per year.

Back to Basics: PB Ratio


Bulgarian River Shipping AD  (LTS:0ONQ) 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.


Bulgarian River Shipping AD PB Ratio Related Terms


Bulgarian River Shipping AD PB Ratio Historical Data

* Premium members only.

The historical data trend for Bulgarian River Shipping AD'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.

Bulgarian River Shipping AD PB Ratio Chart

Bulgarian River Shipping AD 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 0.39 0.39 0.38 0.44 0.40

Bulgarian River Shipping AD 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 0.43 0.41 0.40 0.40 0.40

LTS:0ONQ vs KEX: PB Ratio Comparison

For the Marine Shipping subindustry, Bulgarian River Shipping AD'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.


Bulgarian River Shipping AD PB Ratio vs Transportation Industry

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

* The bar in red indicates where Bulgarian River Shipping AD's PB Ratio falls into.


LTS:0ONQ
21GF Score
Bulgarian River Shipping AD LTS:0ONQ
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Bulgarian River Shipping AD 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.

Bulgarian River Shipping AD's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=0.80/2.007
=0.40

* 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 0.40 mean?
Bulgarian River Shipping AD (LTS:0ONQ) has a PB Ratio of 0.40 as of Aug. 13, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Bulgarian River Shipping AD and its competitors. This is 23% below median its historical median of 0.52. Over the past decade, Bulgarian River Shipping AD's PB Ratio has ranged from 0.21 to 0.80. According to the industry distribution chart, Bulgarian River Shipping AD ranks #46 out of 962 companies in the Transportation industry, placing it in the top 4.8%.
Is Bulgarian River Shipping AD's PB Ratio too high?
Bulgarian River Shipping AD's current PB Ratio of 0.40 is 23% below median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.80. The Transportation industry median PB Ratio is 1.27. Bulgarian River Shipping AD's value of 0.40 is 68.5% below this industry median. Based on the distribution chart, Bulgarian River Shipping AD ranks #46 out of 962 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Bulgarian River Shipping AD has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Bulgarian River Shipping AD's PB Ratio compare to KEX?
According to the Transportation industry distribution chart, Bulgarian River Shipping AD ranks #46 out of 962 companies for PB Ratio. This places Bulgarian River Shipping AD in the top 5% of its industry — outperforming the majority of peers. The industry median PB Ratio is 1.27. Bulgarian River Shipping AD's value of 0.40 is 68.5% below this benchmark. Historically, Bulgarian River Shipping AD's own PB Ratio has ranged from 0.21 to 0.80 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 1.27, Bulgarian River Shipping AD 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 1.27, based on 962 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. Bulgarian River Shipping AD's current PB Ratio of 0.40 is 68.5% 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 Bulgarian River Shipping AD and its competitors. For the Transportation industry, the median PB Ratio is 1.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bulgarian River Shipping AD's current PB Ratio is 0.40, which is 23% below median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bulgarian River Shipping AD stock overvalued right now?
Bulgarian River Shipping AD (LTS:0ONQ) has a current PB Ratio of 0.40. The stock's GF Value™ is лв1.16, compared to a current price of лв0.80 — trading 31% below its estimated fair value. The current PB Ratio is 0.40, which is 23% below median its 10-year median of 0.52 and 68.5% below the Transportation industry median of 1.27. Bulgarian River Shipping AD's overall GF Score™ is 21/100 with 3 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 Bulgarian River Shipping AD (LTS:0ONQ), the current PB Ratio is 0.40 as of Aug. 13, 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 Bulgarian River Shipping AD (LTS:0ONQ) Overvalued in 2026?

Based on GuruFocus' analysis, Bulgarian River Shipping AD stock appears to be undervalued. The current stock price of лв0.80 is trading 31% below its estimated GF Value™ of лв1.16.

Key valuation signals for LTS:0ONQ:

  • PB Ratio: 0.40 (23% below median its 10-year median of 0.52)
  • GF Value™: лв1.16 vs. price of лв0.80 (31% below fair value)
  • GF Score™: 21/100 with 3 warning signs
  • Industry Position: 68.5% below the Transportation median (#46 of 962)

No single metric tells the full story. See the LTS:0ONQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bulgarian River Shipping AD Business Description

Other Exchanges BRP:Bulgaria
Address Otetz Paisii Square 2, Ruse, BGR, 7000
Bulgarian River Shipping AD operates in the transportation industry. The company provides ferry services for passengers, transport of mass and general cargos, transport non-dangerous goods and fuels, and transport of large-scale and concentrated loads.
21GF Score

Get the complete analysis for LTS:0ONQ

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

лв0.80
Price
лв1.16
GF Value