Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2022, it had a fleet of 71 containerships aggregating 436,589 twenty-foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.
P/B ratio for Danaos Corporation (DAC)
P/B ratio as of 2023: 0.49
According to Danaos Corporation's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.49. At the end of 2022 the company had a P/B ratio of 0.42.
P/B ratio history for Danaos Corporation from 2003 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 0.49 |
| 2022 | 0.42 |
| 2021 | 0.73 |
| 2020 | 0.49 |
| 2019 | 0.16 |
| 2018 | 0.16 |
| 2017 | 0.29 |
| 2016 | 0.60 |
| 2015 | 0.78 |
| 2014 | 0.87 |
| 2013 | 0.90 |
| 2012 | 0.68 |
| 2011 | 0.83 |
| 2010 | 0.72 |
| 2009 | 0.60 |
| 2008 | 1.68 |
| 2007 | 2.31 |
| 2006 | 1.98 |
| 2005 | 3.52 |
| 2004 | 2.40 |
| 2003 | 3.20 |