Performance Shipping Inc. (PSHG) Key Metrics
PSHG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $19.0M
- Enterprise value
- $227.4M
- P/E (TTM)
- 1.7 10-yr median 1.7
- Forward P/E
- 3.2
- PEG ratio
- 7.27
- Price / sales
- 0.2 10-yr median 0.8
- Price / book
- 0.1 10-yr median 0.3
- EV / EBITDA
- 3.2 10-yr median 1.5
- Dividend yield
- —
- Beta
- −0.08
PSHG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsPSHG valuation Price multiples at each fiscal year-end price.
PSHG returns How much profit the business earns on the capital it uses.
PSHG per-share figures Results divided by the shares outstanding at year-end.
PSHG financial health Debt, liquidity and how easily interest is covered.
PSHG efficiency & capital use Working capital cycle and where the cash goes.
PSHG valuation history
PSHG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
PSHG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
PSHG cash returned to shareholders
PSHG price vs earnings per share
PSHG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $82.9M | $72.9M | $80.7M | $22.8M | $279.7M | — | — | — | — | — |
| Enterprise value | $257.1M | $50.1M | $68.4M | $111.9M | $320.0M | — | — | — | — | — |
| P/E ratio | 1.7 | 1.7 | 1.2 | 1.9 | — | — | — | — | — | — |
| Price / sales | 1.0 | 0.8 | 0.7 | 0.3 | 7.7 | — | — | — | — | — |
| Price / book | 0.3 | 0.3 | 0.3 | 0.1 | 3.2 | — | — | — | — | — |
| Price / free cash flow | — | 5.9 | 1.4 | — | — | — | — | — | — | — |
| Price / operating cash flow | 1.7 | 1.2 | 1.2 | 0.7 | — | — | — | — | — | — |
| EV / sales | 3.1 | 0.6 | 0.6 | 1.5 | 8.8 | — | — | — | — | — |
| EV / EBITDA | 3.6 | 0.9 | 0.9 | 2.0 | — | — | — | — | — | — |
| EV / free cash flow | — | 4.1 | 1.2 | — | — | — | — | — | — | — |
| Earnings yield | 60.3% | 60.0% | 86.0% | 52.6% | −3.5% | — | — | — | — | — |
| Free cash flow yield | −279.2% | 16.8% | 69.5% | −489.5% | −1.8% | — | — | — | — | — |
| Dividend yield | 2.2% | 2.5% | 2.3% | 4.1% | 0.0% | — | — | — | — | — |
| Shareholder yield (dividends + buybacks) | 2.2% | 2.5% | 5.7% | 10.4% | 0.0% | — | — | — | — | — |
| Share price at fiscal year-end | $2.13 | $1.86 | $2.27 | $3.54 | $55.65 | $68.55 | $12.60 | $9.75 | $60.90 | $257,455.80 |
| Per share | ||||||||||
| Revenue per share | $2.16 | $2.23 | $3.07 | $11.66 | $7.26 | — | — | — | — | — |
| Earnings per share | $1.28 | $1.12 | $1.95 | $1.86 | −$1.93 | — | — | — | — | — |
| Operating cash flow per share | $1.29 | $1.52 | $1.91 | $5.25 | −$0.62 | — | — | — | — | — |
| Free cash flow per share | −$5.95 | $0.31 | $1.58 | −$17.33 | −$0.98 | — | — | — | — | — |
| Cash per share | $1.24 | $1.79 | $1.89 | $6.01 | $1.90 | — | — | — | — | — |
| Book value per share | $8.31 | $7.02 | $6.56 | $24.15 | $17.38 | — | — | — | — | — |
| Tangible book value per share | $8.31 | $7.02 | $6.56 | $24.15 | $17.38 | — | — | — | — | — |
| Dividends per share | $0.05 | $0.05 | $0.05 | $0.15 | $0.00 | — | — | — | — | — |
| Capex per share | $7.23 | $1.21 | $0.34 | $22.58 | $0.36 | — | — | — | — | — |
| Debt per share | $5.71 | $1.21 | $1.55 | $19.83 | $9.93 | — | — | — | — | — |
| Shares outstanding | 38.9M | 39.2M | 35.5M | 6.4M | 5.0M | — | — | — | — | — |
| Change in shares outstanding | −0.7% | +10.3% | +451.2% | +28.3% | — | — | — | — | — | — |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.7% | 17.2% | 35.7% | 9.9% | −10.5% | 4.0% | −33.8% | −46.7% | 3.4% | −90.3% |
| Return on invested capital (ROIC) | 6.9% | 14.0% | 32.4% | 18.5% | −5.1% | 1.8% | −27.0% | −21.4% | −5.3% | −35.1% |
| Return on assets (ROA) | 11.2% | 14.0% | 23.6% | 5.5% | −6.4% | 2.6% | −27.8% | −31.8% | 1.5% | −42.4% |
| Return on tangible assets | 8.9% | 13.2% | 23.4% | 4.1% | −6.7% | 2.4% | −24.6% | −52.8% | 1.6% | −55.9% |
| Free cash flow margin | −275.0% | 14.0% | 51.4% | −148.6% | −13.4% | −120.0% | −202.7% | −1.8% | −53.2% | −36.7% |
| Income quality (OCF / net income) | 1.00 | 1.36 | 0.98 | 2.82 | — | 3.49 | — | — | −3.31 | — |
| Financial health | ||||||||||
| Total debt | $222.4M | $47.5M | $55.0M | $127.8M | $49.9M | $57.7M | $32.4M | — | $97.0M | $172.7M |
| Cash & short-term investments | $48.2M | $70.3M | $67.3M | $38.7M | $9.6M | $21.4M | $26.4M | $10.5M | $6.4M | $17.3M |
| Net debt | $174.2M | −$22.8M | −$12.3M | $89.1M | $40.3M | $36.3M | $6.0M | −$10.5M | $90.5M | $155.4M |
| Debt / equity | 0.69 | 0.17 | 0.24 | 0.82 | 0.57 | 0.60 | 0.34 | — | 0.74 | 1.90 |
| Debt / assets | 0.40 | 0.14 | 0.19 | 0.44 | 0.34 | 0.37 | 0.25 | — | 0.42 | 0.65 |
| Net debt / EBITDA | 2.46 | −0.41 | −0.16 | 1.61 | — | 3.66 | — | — | — | — |
| Current ratio | 2.22 | 5.29 | 5.21 | 2.05 | 1.28 | 2.63 | 4.63 | 3.67 | 0.26 | 0.14 |
| Quick ratio | 2.18 | 5.26 | 5.06 | 1.93 | 1.00 | 2.44 | 4.28 | 3.45 | 0.24 | 0.12 |
| Interest coverage | 5.8 | 31.1 | 7.9 | 10.1 | -4.7 | 2.5 | -48.6 | -3.6 | -1.8 | -20.0 |
| Working capital | $31.8M | $63.8M | $64.6M | $27.4M | $4.2M | $17.6M | $29.3M | $7.6M | −$72.1M | −$109.8M |
| Invested capital | $497.7M | $252.4M | $220.9M | $244.8M | $127.7M | $133.1M | $100.2M | $85.1M | $221.3M | $246.3M |
| Tangible asset value | $323.4M | $275.2M | $233.2M | $155.7M | $87.3M | $96.8M | $94.2M | $95.6M | $130.8M | $90.9M |
| Net current asset value | −$178.4M | $23.5M | $16.8M | −$83.8M | −$38.1M | −$32.6M | $1.0M | $6.0M | −$76.7M | −$158.3M |
| Graham number | $15.49 | $13.27 | $16.98 | $31.80 | — | — | — | — | — | — |
| Graham net-net per share | −$4.70 | $0.50 | $0.32 | −$13.99 | −$8.56 | — | — | — | — | — |
| Capital allocation | ||||||||||
| Dividends paid | $1.8M | $1.8M | $1.9M | $941,000 | $0 | $502,000 | $502,000 | $502,000 | $502,000 | $374,000 |
| Share buybacks (net) | $0 | $0 | $2.7M | $1.4M | $0 | $2.6M | $0 | $0 | $0 | — |
| Dividend payout ratio | 3.7% | 4.2% | 2.7% | 7.8% | — | 13.3% | — | — | 13.1% | — |
| Dividends + buybacks / free cash flow | — | 15.0% | 8.3% | — | — | — | — | — | — | — |
| Capex / revenue | 334.5% | 54.2% | 10.9% | 193.7% | 4.9% | 151.3% | 187.1% | 0.5% | 0.1% | 0.7% |
| Capex / operating cash flow | 562.2% | 79.5% | 17.5% | 430.1% | — | 482.8% | — | — | — | — |
| Capex / depreciation | 18.67 | 3.56 | 0.81 | 15.69 | 0.24 | 10.97 | 64.13 | 0.03 | 0.00 | 0.01 |
| Stock-based compensation / revenue | 0.0% | 0.0% | 0.0% | 0.1% | 0.7% | 4.6% | 6.7% | 6.2% | 4.9% | 3.4% |
| SG&A / revenue | 11.5% | 9.5% | 7.3% | 9.0% | 15.8% | 19.0% | 30.4% | 31.4% | 35.1% | 21.8% |
| Efficiency | ||||||||||
| Days sales outstanding | 26.2 | 29.4 | 29.1 | 31.3 | 36.5 | 35.5 | 32.6 | 3.8 | 6.9 | 6.7 |
| Days of inventory on hand | 6.5 | 13.5 | 23.3 | 46.6 | 36.3 | 29.9 | 34.4 | 19.4 | 23.8 | 24.9 |
| Days payables outstanding | 24.5 | 33.5 | 41.0 | 65.7 | 41.8 | 21.3 | 31.3 | 24.5 | 17.8 | 16.5 |
| Cash conversion cycle (days) | 8.3 | 9.4 | 11.5 | 12.2 | 31.0 | 44.1 | 35.7 | -1.3 | 12.8 | 15.1 |
| Receivables turnover | 13.91 | 12.41 | 12.53 | 11.65 | 10.00 | 10.27 | 11.20 | 95.04 | 52.96 | 54.24 |
| Payables turnover | 14.89 | 10.91 | 8.91 | 5.56 | 8.73 | 17.10 | 11.66 | 14.91 | 20.45 | 22.08 |
| Inventory turnover | 55.89 | 27.13 | 15.66 | 7.84 | 10.05 | 12.20 | 10.60 | 18.83 | 15.34 | 14.68 |
| Asset turnover | 0.19 | 0.28 | 0.37 | 0.34 | 0.24 | 0.29 | 0.23 | 0.15 | 0.10 | 0.09 |
| Average receivables | $6.1M | $7.0M | $8.7M | $6.5M | $3.6M | $4.1M | $2.4M | $269,000 | $449,500 | $612,000 |
| Average payables | $2.8M | $3.4M | $4.6M | $5.2M | $3.6M | $1.7M | $1.6M | $1.5M | $1.6M | $2.1M |
| Average inventory | $749,000 | $1.4M | $2.6M | $3.7M | $3.1M | $2.4M | $1.7M | $1.2M | $2.1M | $3.1M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from PSHG's annual financial statements (latest annual report filed April 27, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
PSHG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Performance Shipping traded at 1.7 times earnings, against a 10-year median of 1.7. Based on the latest twelve months, the trailing P/E is 1.7 and the forward P/E is 3.2. Performance Shipping earned a return on equity of 16.7% and a return on invested capital of 6.9% in fiscal 2025. It ended the year with $222.4 million of debt and $48.2 million in cash and short-term investments, net debt of $174.2 million. It returned $1.8 million to shareholders: $1.8 million in dividends and $0 in share buybacks.
See the PSHG income statement, the PSHG chart for price history, or the PSHG stock overview for the latest quote and news.
PSHG key metrics FAQ
What is Performance Shipping's P/E ratio?
Performance Shipping's trailing P/E ratio is 1.7 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 3.2. At the end of fiscal 2025 it was 1.7, compared with a 10-year median of 1.7.
What is Performance Shipping's EV/EBITDA?
Performance Shipping's enterprise value was 3.6 times EBITDA at the end of fiscal 2025 (enterprise value $257.1 million, EBITDA $70.7 million); the current EV/EBITDA is 3.2.
What is Performance Shipping's return on equity?
Performance Shipping's return on equity (ROE) was 16.7% in fiscal 2025: net income of $50.0 million on average shareholders' equity of $299.3 million.
What is Performance Shipping's ROIC?
Performance Shipping's return on invested capital was 6.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Performance Shipping have?
Performance Shipping had total debt of $222.4 million at the end of fiscal 2025, a debt-to-equity ratio of 0.69 and $174.2 million of net debt (2.46 times EBITDA).
What is Performance Shipping's dividend yield?
Performance Shipping paid $1.8 million in dividends in fiscal 2025 ($0.05 per share), a payout ratio of 3.7%.
What is Performance Shipping's free cash flow yield?
Performance Shipping generated -$231.5 million of free cash flow in fiscal 2025, a free cash flow yield of −279.2% on its market value at year-end ($82.9 million).
What is Performance Shipping's current ratio?
Performance Shipping's current ratio was 2.22 at the end of fiscal 2025: current assets were 2.22 times current liabilities.