Safe BulkersATH:SB +0.89%51 PS Ratio is 0.01 as of Jun. 24, 2026, which is 99% below its 10-year median of 1.34. GuruFocus rates ATH:SB with a GF Score™ of 51/100 and a GF Value™ of €3.92 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,001 Transportation companies, Safe Bulkers ranks worse than 76.92% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, Safe Bulkers's share price is €6.245.
Safe Bulkers's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was €631.60. Hence, Safe Bulkers's PS Ratio for today is 0.01.
Warning Sign:
Safe Bulkers Inc stock PS Ratio (=2.56) is close to 10-year high of 2.6.
The historical rank and industry rank for Safe Bulkers's PS Ratio or its related term are showing as below:
ATH:SB'
s PS Ratio Range Over the Past 10 Years
Min: 0.45 Med: 1.34 Max: 2.6
Current: 2.58
During the past 13 years, Safe Bulkers's highest PS Ratio was 2.60. The lowest was 0.45. And the median was 1.34.
ATH:SB's PS Ratio is ranked worse than 76.92% of 1001
companies
in the Transportation industry
Industry Median: 1.02
vs ATH:SB: 2.58
Safe Bulkers Inc revenue per share has been in decline over the past 3 years.
During the past 12 months, the average Revenue per Share Growth Rate of Safe Bulkers was 2.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was -2.60% per year.
During the past 5 years, the average Revenue per Share Growth Rate was 4.20% per year.
During the past 10 years, the average Revenue per Share Growth Rate was 8.30% per year.
During the past 13 years, Safe Bulkers's highest 3-Year average Revenue per Share Growth Rate was 20.00% per year. The lowest was -18.60% per year. And the median was -1.00% per year.
Back to Basics: PS Ratio
Safe Bulkers (ATH:SB) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
Safe Bulkers PS Ratio Related Terms
Safe Bulkers PS Ratio Historical Data
* Premium members only.
The historical data trend for Safe Bulkers's PS 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.
For the Marine Shipping subindustry, Safe Bulkers's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Safe Bulkers's PS Ratio distribution charts can be found below:
* The bar in red indicates where Safe Bulkers's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
Safe Bulkers's PS Ratio for today is calculated as
Safe Bulkers's Share Price of today is €6.245. Safe Bulkers's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €631.60.
* 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:
Safe Bulkers (ATH:SB) has a PS Ratio of 0.01 as of Jun. 24, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Safe Bulkers and its competitors. This is 99% below median its historical median of 1.34. Over the past decade, Safe Bulkers' PS Ratio has ranged from 0.45 to 2.60. According to the industry distribution chart, Safe Bulkers ranks #770 out of 1001 companies in the Transportation industry, placing it in the top 76.9%.
Is Safe Bulkers' PS Ratio too high?
Safe Bulkers' current PS Ratio of 0.01 is 99% below median its 10-year median of 1.34. Over the past 10 years, this metric has ranged from a low of 0.45 to a high of 2.60. The Transportation industry median PS Ratio is 1.02. Safe Bulkers' value of 0.01 is 99% below this industry median. Based on the distribution chart, Safe Bulkers ranks #770 out of 1001 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Safe Bulkers has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Safe Bulkers' PS Ratio compare to ?
According to the Transportation industry distribution chart, Safe Bulkers ranks #770 out of 1001 companies for PS Ratio. This places Safe Bulkers in the lower half of its industry. The industry median PS Ratio is 1.02. Safe Bulkers' value of 0.01 is 99% below this benchmark. Historically, Safe Bulkers' own PS Ratio has ranged from 0.45 to 2.60 over the past decade. While the company's 10-year median is 1.34 vs. the industry median of 1.02, Safe Bulkers 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 PS Ratio for a Transportation company?
The median PS Ratio among Transportation companies is 1.02, based on 1,001 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Safe Bulkers's current PS Ratio of 0.01 is 99% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Safe Bulkers and its competitors. For the Transportation industry, the median PS Ratio is 1.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Safe Bulkers's current PS Ratio is 0.01, which is 99% below median its own 10-year median of 1.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Safe Bulkers stock overvalued right now?
Based on GuruFocus' analysis, Safe Bulkers (ATH:SB) is currently considered Significantly Overvalued. The stock's GF Value™ is €3.92, compared to a current price of €6.25 — trading 59.3% above its estimated fair value. The current PS Ratio is 0.01, which is 99% below median its 10-year median of 1.34 and 99% below the Transportation industry median of 1.02. Safe Bulkers' overall GF Score™ is 51/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For Safe Bulkers (ATH:SB), the current PS Ratio is 0.01 as of Jun. 24, 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 Safe Bulkers (ATH:SB) Overvalued in 2026?
Based on GuruFocus' analysis, Safe Bulkers stock appears to be overvalued.
The current stock price of €6.25 is trading 59.3% above its estimated GF Value™ of €3.92.
GuruFocus considers Safe Bulkers to be Significantly Overvalued.
Key valuation signals for ATH:SB:
PS Ratio: 0.01 (99% below median its 10-year median of 1.34)
GF Value™: €3.92 vs. price of €6.25 (59.3% above fair value)
Industry Position: 99% below the Transportation median (#770 of 1001)
No single metric tells the full story. See the ATH:SB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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. The company generates almost all of its revenue from Time Charters.
51GF Score
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