Safe Bulkers, Inc.

Safe Bulkers, Inc.verified

SB

Price:

$6.9

Market Cap:

$705.49M

Safe Bulkers, Inc., along with its affiliated entities, specializes in the ocean-going transportation of dry bulk commodities. The company maintains and operates a fleet of dry bulk carriers, primarily utilized for shipping essential bulk cargoes such as coal, grain, and iron ore. As of March 18, 2022, Safe Bulkers possessed 40 dry bulk vessels, which collectively offered a carrying capacity of 3,925,500 deadweight tons and had an average age of 10.4 years. This fleet was comprised of 12 Panamax, 7 Kamsarmax, 15 Post-Panamax, and 6 Capesize class ships. Safe Bulkers, Inc. was established in 2007 and is headquartered in Monaco.

Industry

Marine Shipping

IPO Date

2008-05-30

Stock Exchange

NYSE

Ticker

SB

The PE Ratio as of June 2026 (TTM) for Safe Bulkers, Inc. (SB) is 23.00

According to Safe Bulkers, Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 23.00. This represents a change of 8.68% compared to the average of 21.16 of the last 4 quarters.

Safe Bulkers, Inc. (SB) Historical PE Ratio (quarterly & annually)

How has SB PE Ratio performed in the past?

The mean historical PE Ratio of Safe Bulkers, Inc. over the last ten years is 2.84. The current 23.00 PE Ratio has changed 80.87% 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.

Quarterly (TTM)
Annual

Average

2.84

Median

3.20

Minimum

-10.34

Maximum

12.88

Safe Bulkers, Inc. (SB) PE Ratio by Quarter and Year

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 = 226.54%

Maximum Annual PE Ratio = 12.88

Minimum Annual Increase = -266.59%

Minimum Annual PE Ratio = -10.34

Quarterly (TTM)
Annual
YearPE RatioChange
202512.88226.54%
20243.94-31.68%
20235.77183.71%
20222.03-17.25%
20212.46-123.79%
2020-10.34-195.91%
201910.7864.99%
20186.53-266.59%
2017-3.92125.78%
2016-1.7423.15%

Safe Bulkers, Inc. (SB) Average PE Ratio

How has SB PE Ratio performed in the past?

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

7.53

5-year avg

5.42

10-year avg

2.84

Safe Bulkers, Inc. (SB) PE Ratio vs. Peers

How is SB’s PE Ratio compared to its peers?

Safe Bulkers, Inc.’s PE Ratio is greater than Ardmore Shipping Corporation (11.93), greater than Cool Company Ltd. (8.74), greater than Euroseas Ltd. (3.76), less than Kforce Inc. (24.89), greater than Ennis, Inc. (12.31), greater than KNOT Offshore Partners LP (20.01), less than Covenant Logistics Group, Inc. (223.70), greater than Compass Diversified (-3.40), greater than Costamare Bulkers Holdings Ltd (-34.85), greater than Pangaea Logistics Solutions, Ltd. (14.23),

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