Pacific Basin Shipping Stock

Pacific Basin Shipping P/S 2024

Pacific Basin Shipping P/S

0.76

Ticker

2343.HK

ISIN

BMG684371393

WKN

A0B6V3

As of Dec 19, 2024, Pacific Basin Shipping's P/S ratio stood at 0.76, a 15.15% change from the 0.66 P/S ratio recorded in the previous year.

The Pacific Basin Shipping P/S history

Pacific Basin Shipping Aktienanalyse

What does Pacific Basin Shipping do?

Pacific Basin Shipping Ltd. is a Hong Kong-based shipping company that positions itself as one of the world's leading providers of modern bulk carriers. The company has a long history dating back to 1987 when it was founded by two experienced shipping entrepreneurs. Since then, the company has achieved an impressive growth record and is now a significant player in the global shipping market. Like many other shipping companies, Pacific Basin Shipping has had to deal with the challenges associated with the volatility of freight rates in recent years. However, the company is known for its ability to respond flexibly to market changes and adapt quickly. Pacific Basin Shipping's business model is based on a portfolio of ship types designed for the trade of dry bulk commodities. The company operates a fleet of state-of-the-art bulk carriers capable of transporting a wide range of cargoes such as coal, iron ore, grain, fertilizer, cement, and other bulk goods. The company specializes in the transport of raw materials such as coal and iron ore, mainly mined in Asia, Australia, and South America. The various divisions of the company include shipping, freight logistics, and ship investments. Pacific Basin Shipping currently operates a fleet of over 240 ships focused on the global trade of bulk commodities. The company also engages in freight logistics, offering a variety of services such as storage, packaging, insurance, and customs clearance. Pacific Basin Shipping is also involved in ship investments, participating in ship ownership and ship investment companies. The company also offers a variety of products, including chartering and brokerage services. Pacific Basin Shipping's chartering service model allows customers to charter ships for the transportation of goods. The company also provides a wide range of brokerage services, enabling customers to sell or purchase their bulk commodities. The company is known for its use of technology and innovation to enhance the operation of its fleet. Pacific Basin Shipping has made significant investments in modernizing its fleet in recent years to ensure that the ships meet the highest safety standards while minimizing environmental impact. The company has also invested in the development of technologies that allow customers to monitor and manage the transportation of their goods in real-time. Overall, Pacific Basin Shipping has achieved impressive growth over the past decades and is now one of the world's leading providers of bulk freight services. The company has earned its reputation through its high flexibility, use of state-of-the-art technology, and wide range of products and services. It remains to be seen how the company will continue to evolve in a constantly changing global shipping industry. Pacific Basin Shipping ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Pacific Basin Shipping's P/S Ratio

Pacific Basin Shipping's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Pacific Basin Shipping's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Pacific Basin Shipping's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Pacific Basin Shipping’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Pacific Basin Shipping stock

What is the price-to-earnings ratio of Pacific Basin Shipping?

The price-earnings ratio of Pacific Basin Shipping is currently 0.76.

How has the price-earnings ratio of Pacific Basin Shipping changed compared to last year?

The price-to-earnings ratio of Pacific Basin Shipping has increased by 15.15% increased compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Pacific Basin Shipping high compared to other companies?

Yes, the price-to-earnings ratio of Pacific Basin Shipping is high compared to other companies.

How does an increase in the price-earnings ratio of Pacific Basin Shipping affect the company?

An increase in the price-earnings ratio of Pacific Basin Shipping would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Pacific Basin Shipping affect the company?

A decrease in the price-earnings ratio of Pacific Basin Shipping would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Pacific Basin Shipping?

Some factors that influence the price-earnings ratio of Pacific Basin Shipping are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Pacific Basin Shipping pay?

Over the past 12 months, Pacific Basin Shipping paid a dividend of 0.24 USD . This corresponds to a dividend yield of about 110.02 %. For the coming 12 months, Pacific Basin Shipping is expected to pay a dividend of 0.08 USD.

What is the dividend yield of Pacific Basin Shipping?

The current dividend yield of Pacific Basin Shipping is 110.02 %.

When does Pacific Basin Shipping pay dividends?

Pacific Basin Shipping pays a quarterly dividend. This is distributed in the months of September, May, September, September.

How secure is the dividend of Pacific Basin Shipping?

Pacific Basin Shipping paid dividends every year for the past 9 years.

What is the dividend of Pacific Basin Shipping?

For the upcoming 12 months, dividends amounting to 0.08 USD are expected. This corresponds to a dividend yield of 36.38 %.

In which sector is Pacific Basin Shipping located?

Pacific Basin Shipping is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Pacific Basin Shipping kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Pacific Basin Shipping from 9/4/2024 amounting to 0.01 USD, you needed to have the stock in your portfolio before the ex-date on 8/23/2024.

When did Pacific Basin Shipping pay the last dividend?

The last dividend was paid out on 9/4/2024.

What was the dividend of Pacific Basin Shipping in the year 2023?

In the year 2023, Pacific Basin Shipping distributed 0.35 USD as dividends.

In which currency does Pacific Basin Shipping pay out the dividend?

The dividends of Pacific Basin Shipping are distributed in USD.

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Andere Kennzahlen von Pacific Basin Shipping

Our stock analysis for Pacific Basin Shipping Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Pacific Basin Shipping Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.