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.
P/S ratio for Safe Bulkers, Inc. (SB)
P/S ratio as of 2023: 1.57
According to Safe Bulkers, Inc.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.57. At the end of 2022 the company had a P/S ratio of 1.00.
P/S ratio history for Safe Bulkers, Inc. from 2006 to 2023
P/S ratio at the end of each year
| Year | P/S ratio |
|---|---|
| 2023 | 1.57 |
| 2022 | 1.00 |
| 2021 | 1.30 |
| 2020 | 0.67 |
| 2019 | 0.87 |
| 2018 | 0.94 |
| 2017 | 2.24 |
| 2016 | 0.89 |
| 2015 | 0.53 |
| 2014 | 2.12 |
| 2013 | 4.32 |
| 2012 | 1.38 |
| 2011 | 2.46 |
| 2010 | 3.57 |
| 2009 | 2.90 |
| 2008 | 1.81 |
| 2007 | 6.21 |
| 2006 | 10.81 |