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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.
Western Bulk Chartering AS Price-to-Tangible-Book Related Terms
Western Bulk Chartering AS Price-to-Tangible-Book Historical Data
* 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.
Western Bulk Chartering AS Price-to-Tangible-Book Chart
Western Bulk Chartering AS Price-to-Tangible-Book Competitor Comparison
For the Marine Shipping subindustry, Western Bulk Chartering AS'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.
Western Bulk Chartering AS Price-to-Tangible-Book vs Transportation Industry
For the Transportation industry and Industrials sector, Western Bulk Chartering AS's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Western Bulk Chartering AS's Price-to-Tangible-Book falls into.
* 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 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.
Western Bulk Chartering AS (WSSTF) has a Price-to-Tangible-Book of 1.70 as of Sep. 15, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Western Bulk Chartering AS and its competitors. According to the industry distribution chart, Western Bulk Chartering AS ranks #589 out of 933 companies in the Transportation industry, placing it in the top 63.1%.
Is Western Bulk Chartering AS's Price-to-Tangible-Book too high?
Western Bulk Chartering AS's current Price-to-Tangible-Book is 1.70. The Transportation industry median Price-to-Tangible-Book is 1.40. Western Bulk Chartering AS's value of 1.70 is 21.4% above this industry median. Based on the distribution chart, Western Bulk Chartering AS ranks #589 out of 933 companies in the Transportation industry, which is below the industry midpoint. Overall, Western Bulk Chartering AS has a GF Score™ of 56/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Western Bulk Chartering AS's Price-to-Tangible-Book compare to competitors?
According to the Transportation industry distribution chart, Western Bulk Chartering AS ranks #589 out of 933 companies for Price-to-Tangible-Book. This places Western Bulk Chartering AS in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.40. Western Bulk Chartering AS's value of 1.70 is 21.4% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Transportation company?
The median Price-to-Tangible-Book among Transportation companies is 1.40, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Western Bulk Chartering AS's current Price-to-Tangible-Book of 1.70 is 21.4% above 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 Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Western Bulk Chartering AS and its competitors. For the Transportation industry, the median Price-to-Tangible-Book is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Western Bulk Chartering AS's current Price-to-Tangible-Book is 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Western Bulk Chartering AS stock overvalued right now?
Based on GuruFocus' analysis, Western Bulk Chartering AS (WSSTF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.93, compared to a current price of $2.20 — trading 14% above its estimated fair value. The current Price-to-Tangible-Book is 1.70 and 21.4% above the Transportation industry median of 1.40. Western Bulk Chartering AS's overall GF Score™ is 56/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Western Bulk Chartering AS (WSSTF), the current Price-to-Tangible-Book is 1.70 as of Sep. 15, 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 Western Bulk Chartering AS (WSSTF) Overvalued in 2026?
Based on GuruFocus' analysis, Western Bulk Chartering AS stock appears to be overvalued.
The current stock price of $2.20 is trading 14% above its estimated GF Value™ of $1.93.
GuruFocus considers Western Bulk Chartering AS to be Modestly Overvalued.
Key valuation signals for WSSTF:
Price-to-Tangible-Book: 1.70
GF Value™: $1.93 vs. price of $2.20 (14% above fair value)
Industry Position: 21.4% above the Transportation median (#589 of 933)
No single metric tells the full story. See the WSSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Western Bulk Chartering AS is a transporter of dry bulk commodities. Its commodities include coal, minerals, steel products, cement, agriculture or grains, ferrous ores, and fertilizers, among others. It operates in dry bulk vessels in the Panamax to Handysize segment. Geographic diversification is the Far East, Europe, India, North America, Africa, South America, and the Middle East. The majority of revenue is from the Far East.
56GF Score
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