PSIG (PS International Group) Altman Z2-Score: -6.00 (As of Aug. 23, 2026)

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PSIG PS International Group Ltd PSIG
23 GF Score
Price $2.78
! 6 Warning Signs
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What is PS International Group Altman Z2-Score?

PS International Group PSIG +26.24% 23 Altman Z2-Score is -6.00 as of Aug. 23, 2026. GuruFocus rates PSIG with a GF Score™ of 23/100. The stock has 6 warning signs investors should review. Among 956 Transportation companies, PS International Group ranks worse than 95.92% on this metric.

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Warning Sign:

PS International Group has a Altman Z2-Score of -6.00, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z2-Score <= 1.1, it is in Distress Zones.
When Altman Z2-Score >= 2.6, it is in Safe Zones.
When Altman Z2-Score is between 1.1 and 2.6, it is in Grey Zones.

The historical rank and industry rank for PS International Group's Altman Z2-Score or its related term are showing as below:

PSIG' s Altman Z2-Score Range Over the Past 10 Years
Min: -6   Med: 4.25   Max: 5.23
Current: -6

During the past 6 years, PS International Group's highest Altman Z2-Score was 5.23. The lowest was -6.00. And the median was 4.25.


PS International Group  (NAS:PSIG) Altman Z2-Score Explanation

The original Z-Score model was based on publicly traded manufacturing companies while the Z2-Score, also known as Z"-score can be used for any type of company excluding property/financial companies. Both Z-Score and Z2-Score describes the financial health of a company, and its likelihood of financial distress.

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4_2, Net Worth (Total Stockholders Equity - Preferred Stock)/Total Liabilities (NW/TL): it compares a company’s stock net worth with its total liabilities and can be used to assess the extent of its reliance on debt.

Read more about Altman Z2-Score, the original research on Z-Score and the additional research on Z2-Score.


Be Aware

Altman Z2-Score does not apply to financial companies.


PS International Group Altman Z2-Score Related Terms


PS International Group Altman Z2-Score Historical Data

* Premium members only.

The historical data trend for PS International Group's Altman Z2-Score 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.

PS International Group Altman Z2-Score Chart

PS International Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Altman Z2-Score
Get a 7-Day Free Trial 5.00 5.23 4.56 2.23 -6.00

PS International Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Altman Z2-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 4.56 0.00 2.23 0.00 -6.00

PSIG vs CJMB, LSH, BTOC: Altman Z2-Score Comparison

For the Integrated Freight & Logistics subindustry, PS International Group's Altman Z2-Score, along with its competitors' market caps and Altman Z2-Score 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.


PS International Group Altman Z2-Score vs Transportation Industry

For the Transportation industry and Industrials sector, PS International Group's Altman Z2-Score distribution charts can be found below:

* The bar in red indicates where PS International Group's Altman Z2-Score falls into.


PSIG
23GF Score
PS International Group Ltd PSIG
Altman Z2-Score is just one metric. See GF Score™, valuation, warning signs, and more.
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PS International Group Altman Z2-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Z2-Score, also known as Z"-Score is the Z-Score for non-manufacturing companies excluding property/financial companies.

PS International Group's Altman Z2-Score for today is calculated with this formula:

Z=6.56*X1+3.26*X2+6.72*X3+1.05*X4_2
=6.56*-0.2322+3.26*-0.4368+6.72*-0.4396+1.05*-0.0986
=-6.00

* 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. GuruFocus does not calculate Altman Z2-Score when X4_2 value is 0.

Trailing Twelve Months (TTM) ended in Dec. 2025:
Total Assets was $34.53 Mil.
Total Current Assets was $30.11 Mil.
Total Current Liabilities was $38.13 Mil.
Retained Earnings was $-15.08 Mil.
Pre-Tax Income was $-15.21 Mil.
Interest Expense was $-0.04 Mil.
Total Liabilities was $38.17 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(30.11 - 38.127)/34.526
=-0.2322

X2=Retained Earnings/Total Assets
=-15.082/34.526
=-0.4368

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-15.211 - -0.035)/34.526
=-0.4396

X4_2=Net Worth/Total Liabilities
=(Total Stockholders Equity - Preferred Stock)/Total Liabilities
=(-3.765 - 0)/38.166
=-0.0986

The zones of discrimination were as such:

Distress Zones - 1.1 < Grey Zones < 2.6 - Safe Zones

PS International Group has a Altman Z2-Score of -6.00 indicating it is in Distress Zones.

Frequently Asked Questions Learn more about Altman Z2-Score →
What does a Altman Z2-Score of -6.00 mean?
PS International Group (PSIG) has a Altman Z2-Score of -6.00 as of Aug. 23, 2026. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PS International Group and its competitors. According to the industry distribution chart, PS International Group ranks #917 out of 956 companies in the Transportation industry, placing it in the top 95.9%.
Is PS International Group's Altman Z2-Score too high?
PS International Group's current Altman Z2-Score is -6.00. Based on the distribution chart, PS International Group ranks #917 out of 956 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, PS International Group has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does PS International Group's Altman Z2-Score compare to CJMB and LSH?
According to the Transportation industry distribution chart, PS International Group ranks #917 out of 956 companies for Altman Z2-Score. This places PS International Group in the lower half of its industry. The industry median Altman Z2-Score is 2.86. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Altman Z2-Score for a Transportation company?
The median Altman Z2-Score among Transportation companies is 2.86, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z2-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z2-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Altman Z2-Score mean?
A high Altman Z2-Score can signal that a stock is expensive relative to its fundamentals. Z2-Score is the Z-Score for non-manufacturing companies excluding property/financial companies, which measures a company's bankruptcy risk. View historical data on PS International Group and its competitors. For the Transportation industry, the median Altman Z2-Score is 2.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PS International Group's current Altman Z2-Score is -6.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PS International Group stock overvalued right now?
PS International Group (PSIG) has a current Altman Z2-Score of -6.00. The current Altman Z2-Score is -6.00. PS International Group's overall GF Score™ is 23/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z2-Score calculated?
Altman Z2-Score is calculated from a company's financial statements. For PS International Group (PSIG), the current Altman Z2-Score is -6.00 as of Aug. 23, 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.

PS International Group Business Description

Address First Group Centre, 23 Wang Chiu Road, Units 1703, 17th Floor, Kowloon Bay, Hong Kong, HKG
PS International Group Ltd is a freight forwarding service provider in Hong Kong with networks across the globe. It provides air and ocean export and import freight forwarding services with optional ancillary logistics-related services such as cargo pick up, cargo handling at ports, and local transportation and warehousing-related services such as repackaging, labeling, palletization, preparation of shipping documentation, arrangement of customs clearance, and warehousing to meet the requirements of customers. The company has one operating segment, which is the freight forwarding services, which includes Air Freight services, and Ocean Freight; and Ancillary logistic services. It generates the majority of its revenue from Air freight services.
23GF Score

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Altman Z2-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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