Performance Shipping Inc.Find Ratings Reports
PERFORMANCE SHIPPPING INC's gross profit margin for the second quarter of its fiscal year 2019 has significantly decreased when compared to the same period a year ago. Even though sales decreased, the net income has increased.
During the same period, stockholders' equity ("net worth") has increased by 16.83% from the same quarter last year.
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|Income Statement||Q2 FY19||Q2 FY18|
|Net Sales ($mil)||4.55||6.27|
|Net Income ($mil)||-1.57||-42.3|
|Balance Sheet||Q2 FY19||Q2 FY18|
|Cash & Equiv. ($mil)||16.74||23.36|
|Total Assets ($mil)||115.38||139.89|
|Total Debt ($mil)||0.0||38.47|
|Profitability||Q2 FY19||Q2 FY18|
|Gross Profit Margin||22.87||30.5|
|Return on Assets||-7.27||-51.14|
|Return on Equity||-7.45||-74.21|
|Debt||Q2 FY19||Q2 FY18|
|Share Data||Q2 FY19||Q2 FY18|
|Shares outstanding (mil)||36.28||9.96|
|Div / share||0.0||0.0|
|Book value / share||3.1||9.68|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||273059.0||196853.0|
SELL. This stock’s P/E ratio is negative, making its value useless in the assessment of premium or discount valuation, only displaying that the company has negative earnings per share. Conducting a second comparison, its price-to-book ratio of 0.30 indicates a significant discount versus the S&P 500 average of 3.42 and a discount versus the subsector average of 0.84. The current price-to-sales ratio is well below the S&P 500 average, but above the subsector average. The valuation analysis reveals that, PERFORMANCE SHIPPPING INC seems to be trading at a premium to investment alternatives.
|DCIX NM||Peers 31.00||DCIX 66.43||Peers 5.39|
Neutral. The absence of a valid P/E ratio happens when a stock can not be valued on the basis of a negative stream of earnings.
DCIX's P/E is negative making this valuation measure meaningless.
Premium. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
DCIX is trading at a significant premium to its peers.
|DCIX NA||Peers 20.77||DCIX NA||Peers 0.33|
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential.
Ratio not available.
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
Ratio not available.
|DCIX 0.30||Peers 0.84||DCIX 99.51||Peers -12.72|
Discount. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
DCIX is trading at a significant discount to its peers.
Higher. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
DCIX is expected to have an earnings growth rate that significantly exceeds its peers.
|DCIX 1.57||Peers 1.17||DCIX -25.95||Peers 11.53|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
DCIX is trading at a significant premium to its subsector.
Lower. A sales growth rate that trails the subsector implies that a company is losing market share.
DCIX significantly trails its peers on the basis of sales growth.