Performance Shipping Inc. (PSHG) Financial Ratios
16 years of historical data (2010–2025) · Industrials · Marine Shipping
EV/EBITDA
↑
5.04
↑+116% vs avg
5yr avg: 2.33
30Y Low0.8·High36.2
P/FCF
↑
N/A
—
5yr avg: 3.64
30Y Low1.4·High5.8
P/B Ratio
↑
0.20
↓-18% vs avg
5yr avg: 0.25
30Y Low0.0·High1.0
ROE
↑
16.7%
-6% vs avg
5yr avg: 17.8%
30Y Low-90%·High36%
Debt/EBITDA
↑
4.67
↑+114% vs avg
5yr avg: 2.18
30Y Low0.6·High42.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
PSHG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Performance Shipping Inc. trades at 1.3x earnings, 9% below its 5-year average of 1.4x, sitting at the 56th percentile of its historical range. Compared to the Industrials sector median P/E of 25.6x, the stock trades at a discount of 95%.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $66M | $83M | $73M | $81M | $23M | $19M | $23M | $24M | $6M | $2M | $10M |
| Enterprise Value | $240M | $257M | $50M | $68M | $112M | $59M | $59M | $30M | $-4350208 | $92M | $165M |
| P/E Ratio → | 1.31 | 1.66 | 1.74 | 1.19 | 1.17 | — | 4.35 | — | — | 0.45 | — |
| P/S Ratio | 0.79 | 0.99 | 0.83 | 0.74 | 0.30 | 0.51 | 0.54 | 0.90 | 0.24 | 0.07 | 0.30 |
| P/B Ratio | 0.20 | 0.26 | 0.26 | 0.35 | 0.15 | 0.21 | 0.23 | 0.26 | 0.06 | 0.01 | 1.00 |
| P/FCF | — | — | 5.84 | 1.44 | — | — | — | — | — | — | — |
| P/OCF | 1.32 | 1.66 | 1.22 | 1.19 | 0.67 | — | 1.72 | — | — | — | — |
P/E links to full P/E history page with 30-year chart
PSHG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Performance Shipping Inc.'s enterprise value stands at 5.0x EBITDA, 116% above its 5-year average of 2.3x. The Industrials sector median is 13.9x, placing the stock at a 64% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.05 | 0.57 | 0.63 | 1.49 | 1.62 | 1.40 | 1.12 | -0.17 | 3.87 | 4.98 |
| EV / EBITDA | 5.04 | 5.40 | 0.89 | 0.76 | 2.27 | — | 5.85 | — | — | — | — |
| EV / EBIT | 7.38 | 4.62 | 1.20 | 0.87 | 3.68 | — | 13.43 | — | — | 5.34 | — |
| EV / FCF | — | — | 4.01 | 1.22 | — | — | — | — | — | — | — |
PSHG Profitability
Margins and return-on-capital ratios measuring operating efficiency
Performance Shipping Inc. earns an operating margin of 38.7%, significantly above the Industrials sector average of 4.3%. Operating margins have compressed from 69.3% to 38.7% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.7% indicates solid capital efficiency, compared to the sector median of 8.2%. ROIC of 6.5% represents adequate returns on invested capital versus a sector median of 6.1%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 50.3% | 50.3% | 57.3% | 62.3% | 49.5% | -6.8% | 33.8% | 31.3% | 15.3% | -36.9% | -38.9% |
| Operating Margin | 38.7% | 38.7% | 47.8% | 69.3% | 53.2% | -23.2% | 10.2% | -117.9% | -162.1% | -103.4% | -427.9% |
| Net Profit Margin | 59.4% | 59.4% | 50.0% | 63.7% | 48.3% | -26.6% | 9.0% | -119.4% | -206.9% | 16.0% | -448.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.7% | 16.7% | 17.2% | 35.7% | 29.9% | -10.5% | 4.0% | -33.8% | -46.7% | 3.4% | -90.3% |
| ROA | 11.2% | 11.2% | 14.0% | 23.6% | 16.6% | -6.4% | 2.6% | -27.8% | -31.8% | 1.5% | -42.4% |
| ROIC | 6.5% | 6.5% | 13.3% | 24.3% | 16.1% | -4.9% | 2.7% | -25.6% | -20.3% | -7.9% | -33.4% |
| ROCE | 7.7% | 7.7% | 14.0% | 27.6% | 20.2% | -6.1% | 3.2% | -28.8% | -35.6% | -17.9% | -51.6% |
PSHG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Performance Shipping Inc. carries a Debt/EBITDA ratio of 4.7x, which is highly leveraged (44% above the sector average of 3.2x). Net debt stands at $174M ($222M total debt minus $48M cash). Interest coverage of 9.9x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.69 | 0.69 | 0.17 | 0.24 | 0.82 | 0.57 | 0.60 | 0.34 | — | 0.74 | 1.90 |
| Debt / EBITDA | 4.67 | 4.67 | 0.85 | 0.61 | 2.60 | — | 5.72 | — | — | — | — |
| Net Debt / Equity | — | 0.54 | -0.08 | -0.05 | 0.57 | 0.46 | 0.37 | 0.06 | -0.11 | 0.69 | 1.71 |
| Net Debt / EBITDA | 3.66 | 3.66 | -0.41 | -0.14 | 1.81 | — | 3.60 | — | — | — | — |
| Debt / FCF | — | — | -1.83 | -0.22 | — | — | — | — | — | — | — |
| Interest Coverage | 9.86 | 9.86 | 31.09 | 8.23 | 7.67 | -4.61 | 2.10 | -9.72 | -0.70 | 1.25 | -20.01 |
PSHG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Performance Shipping Inc.'s current ratio of 2.22x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The current ratio has declined from 5.21x to 2.22x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.22 | 2.22 | 5.29 | 5.21 | 2.05 | 1.28 | 2.63 | 4.63 | 3.67 | 0.26 | 0.14 |
| Quick Ratio | 2.18 | 2.18 | 5.26 | 5.06 | 1.93 | 1.00 | 2.44 | 4.28 | 3.45 | 0.24 | 0.12 |
| Cash Ratio | 1.84 | 1.84 | 4.73 | 4.38 | 1.48 | 0.63 | 1.98 | 3.27 | 3.67 | 0.07 | 0.14 |
| Asset Turnover | — | 0.15 | 0.26 | 0.37 | 0.26 | 0.25 | 0.27 | 0.21 | 0.26 | 0.10 | 0.12 |
| Inventory Turnover | 44.11 | 44.11 | 68.00 | 18.62 | 12.50 | 9.09 | 16.19 | 6.48 | 34.17 | 19.54 | 17.87 |
| Days Sales Outstanding | — | 27.29 | 24.25 | 27.74 | 44.23 | 37.93 | 30.41 | 54.18 | 1.57 | 6.56 | 5.18 |
PSHG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Performance Shipping Inc. returns 2.8% to shareholders annually primarily through dividends. The payout ratio of 3.7% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 76.2% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.8% | 2.2% | 2.5% | 2.3% | 4.1% | — | 2.2% | — | — | — | 3.7% |
| Payout Ratio | 3.7% | 3.7% | 4.2% | 2.7% | 2.6% | — | 13.3% | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 76.2% | 60.1% | 57.5% | 84.1% | 85.3% | — | 23.0% | — | — | 220.2% | — |
| FCF Yield | — | — | 17.1% | 69.5% | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 3.4% | 0.0% | 0.0% | 11.4% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 2.8% | 2.2% | 2.5% | 5.7% | 4.1% | 0.0% | 13.6% | 0.0% | 0.0% | 0.0% | 3.7% |
| Shares Outstanding | — | $39M | $39M | $36M | $6M | $335086 | $329704 | $190978 | $63003 | $2849 | $10 |
Peer Comparison
Compare PSHG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 PSHGYou | $66M | 1.3 | 5.0 | — | 50.3% | 38.7% | 16.7% | 6.5% | 4.7 |
 INSW | $4B | 13.6 | 9.9 | 109.7 | 42.3% | 36.3% | 16.0% | 9.4% | 1.2 |
 TNK | $3B | 7.4 | 6.0 | 22.9 | 27.5% | 22.6% | 18.5% | 12.5% | 0.2 |
 STNG | $4B | 11.5 | 8.2 | 8.5 | 46.2% | 33.0% | 11.4% | 7.2% | 1.3 |
 DHT | $3B | 14.4 | 12.3 | — | 38.2% | 34.2% | 19.4% | 8.9% | 1.6 |
 TEN | $1B | 8.6 | 6.8 | — | 35.3% | 30.0% | 8.9% | 5.4% | 4.7 |
 TPVG | $203M | 4.1 | 8.6 | — | 83.5% | 77.9% | 14.1% | 7.2% | 6.2 |
 NAT | $1B | 100.9 | 18.6 | — | 19.8% | 9.9% | 2.6% | 2.8% | 4.9 |
 FRO | $9B | 24.1 | 12.9 | 13.6 | 32.8% | 30.2% | 15.6% | 8.1% | 3.3 |
 ASC | $697M | 19.4 | 6.8 | — | 34.2% | 26.1% | 6.5% | 9.0% | 1.1 |
 TRMD | $3B | 9.9 | 6.7 | 15.2 | 34.1% | 25.6% | 13.9% | 8.8% | 1.7 |
| Industrials Median | — | 25.6 | 13.9 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 16 years · Updated daily
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PSHG — Frequently Asked Questions
Quick answers to the most common questions about buying PSHG stock.
What is Performance Shipping Inc.'s P/E ratio?
Performance Shipping Inc.'s current P/E ratio is 1.3x. The historical average is 1.7x. This places it at the 56th percentile of its historical range.
What is Performance Shipping Inc.'s EV/EBITDA?
Performance Shipping Inc.'s current EV/EBITDA is 5.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 7.2x.
What is Performance Shipping Inc.'s ROE?
Performance Shipping Inc.'s return on equity (ROE) is 16.7%. The historical average is -6.6%.
Is PSHG stock overvalued?
Based on historical data, Performance Shipping Inc. is trading at a P/E of 1.3x. This is at the 56th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Performance Shipping Inc.'s dividend yield?
Performance Shipping Inc.'s current dividend yield is 2.80% with a payout ratio of 3.7%.
What are Performance Shipping Inc.'s profit margins?
Performance Shipping Inc. has 50.3% gross margin and 38.7% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Performance Shipping Inc. have?
Performance Shipping Inc.'s Debt/EBITDA ratio is 4.7x, indicating high leverage. A ratio above 4x may signal elevated financial risk.