Safe Bulkers (Safe Bulkers) PB Ratio : (As of Apr. 26, 2024)

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What is Safe Bulkers PB Ratio?

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 (2024-04-26), Safe Bulkers's share price is $25.8045. Safe Bulkers's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00. Hence, Safe Bulkers's PB Ratio of today is .

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

SBpD.PFD' s PB Ratio Range Over the Past 10 Years
Min: 0.05 Med: 0.49 Max: 1.65
Current: 0.71

During the past 13 years, Safe Bulkers's highest PB Ratio was 1.65. The lowest was 0.05. And the median was 0.49.

SBpD.PFD's PB Ratio is ranked better than
78.03% of 933 companies
in the Transportation industry
Industry Median: 1.31 vs SBpD.PFD: 0.71

During the past 12 months, Safe Bulkers's average Book Value Per Share Growth Rate was 9.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 17.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -2.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Safe Bulkers was 54.90% per year. The lowest was -24.90% per year. And the median was 9.15% per year.

Back to Basics: PB Ratio

Safe Bulkers PB Ratio Historical Data

The historical data trend for Safe Bulkers'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.

* Premium members only.

Safe Bulkers PB Ratio Chart

Safe Bulkers Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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Safe Bulkers Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Safe Bulkers's PB Ratio

For the Marine Shipping subindustry, Safe Bulkers'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.

Safe Bulkers's PB Ratio Distribution in the Transportation Industry

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

* The bar in red indicates where Safe Bulkers's PB Ratio falls into.

Safe Bulkers 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.

Safe Bulkers's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	25.8045	/
	=

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Safe Bulkers (NYSE:SBpD.PFD) 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.

Safe Bulkers PB Ratio Related Terms

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Safe Bulkers (Safe Bulkers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Safe Bulkers Inc (NYSE:SBpD.PFD) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

SBpC.PFD:USA SB:USA SBL:Germany

Address

6, Avenue des Citronniers, Apt. D11, Les Acanthes, Monaco City, MCO, MC98000

Website

https://www.safebulkers.com

Safe Bulkers Inc is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along international shipping routes for consumers of marine drybulk transportation services. The company employs its vessels on both period time charters and spot time charters, according to the assessment of market conditions, with consumers of marine drybulk transportation services.