SB
Price:
$5.33
Market Cap:
$545.41M
Safe Bulkers, Inc., together with its subsidiaries, provides marine drybulk transportation services. It owns and operates drybulk vessels for transporting bulk cargoes primarily coal, grain, and iron ore. As of March 18, 2022, the company had a fleet of 40 drybulk vessels having an average age of 10.4 years; and an aggregate carrying capacity of 3,925,500 deadweight tons. Its fleet consisted of 12 Panamax class vessels, 7 Kamsarmax class vessels, 15 post- Panamax class vessels, and 6 Capesize class vessels. Safe Bulkers, Inc. was incorporated in 2007 and is based in Monaco.
Industry
Marine Shipping
IPO Date
2008-05-30
Stock Exchange
NYSE
Ticker
SB
According to Safe Bulkers, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 14.81. This represents a change of -25.14% compared to the average of 19.78 of the last 4 quarters.
The mean historical PE Ratio of Safe Bulkers, Inc. over the last ten years is 1.41. The current 14.81 PE Ratio has changed 104.82% with respect to the historical average. Over the past ten years (40 quarters), SB's PE Ratio was at its highest in in the June 2025 quarter at 54.47. The PE Ratio was at its lowest in in the June 2017 quarter at -36.36.
Average
1.41
Median
2.25
Minimum
-10.34
Maximum
10.78
Discovering the peaks and valleys of Safe Bulkers, Inc. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 183.71%
Maximum Annual PE Ratio = 10.78
Minimum Annual Increase = -266.59%
Minimum Annual PE Ratio = -10.34
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 3.94 | -31.68% |
| 2023 | 5.77 | 183.71% |
| 2022 | 2.03 | -17.25% |
| 2021 | 2.46 | -123.79% |
| 2020 | -10.34 | -195.91% |
| 2019 | 10.78 | 64.99% |
| 2018 | 6.53 | -266.59% |
| 2017 | -3.92 | 125.78% |
| 2016 | -1.74 | 23.15% |
| 2015 | -1.41 | -106.33% |
The current PE Ratio of Safe Bulkers, Inc. (SB) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.92
5-year avg
0.77
10-year avg
1.41
Safe Bulkers, Inc.’s PE Ratio is greater than Ardmore Shipping Corporation (10.35), greater than Cool Company Ltd. (9.14), greater than Euroseas Ltd. (3.59), greater than Kforce Inc. (12.88), greater than Ennis, Inc. (10.86), greater than KNOT Offshore Partners LP (10.23), less than Covenant Logistics Group, Inc. (17.37), less than Compass Diversified (38.55), greater than Costamare Bulkers Holdings Ltd (-16.29), less than Pangaea Logistics Solutions, Ltd. (28.86),
| Company | PE Ratio | Market cap |
|---|---|---|
| 10.35 | $486.74M | |
| 9.14 | $515.00M | |
| 3.59 | $437.70M | |
| 12.88 | $539.33M | |
| 10.86 | $456.48M | |
| 10.23 | $343.86M | |
| 17.37 | $542.97M | |
| 38.55 | $555.24M | |
| -16.29 | $411.37M | |
| 28.86 | $467.18M |
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