Performance Shipping Inc. (PSHG)
Industrials · NCM
Price as at 30 Sept 2026, 23:48 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Performance Shipping Inc. trades at $1.75, which is 124% below the $3.92 our fair value estimate puts on the business. On that measure alone it screens as undervalued, though a valuation model is an argument rather than a measurement, and the market is frequently right about why something is cheap.
Our moat model scores it 65 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 2.3 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
PSHG dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2020 | $0.150 | 1 |
| 2016 | $4445.28 | 2 |
| 2015 | $8890.56 | 4 |
| 2014 | $152621.28 | 4 |
| 2013 | $666792.00 | 4 |
| 2012 | $740880.00 | 4 |
| 2011 | $133358.40 | 2 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
PSHG earnings and analyst estimates
Recommendation mix, 2 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Performance Shipping Inc.
Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2025, it operated through a fleet of nine Aframax tanker vessels and two Suezmax tanker vessels with a combined carrying capacity of 1,287,118 DWT. The company was incorporated in 2010 and is based in Athens, Greece.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
PSHG passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
PSHG peers
The largest companies in the same industry (Marine Shipping), then in the same sector.
- KEX Kirby Corporation
- NMM Navios Maritime Partners L.P.
- SFL SFL Corporation Ltd.
- GSL Global Ship Lease, Inc.
- CCEC Capital Clean Energy Carriers Corp.
- SB Safe Bulkers, Inc.
- HSHP Himalaya Shipping Ltd.
- ESEA Euroseas Ltd.
Every industrials company we cover is on the Industrials hub.
Common questions
Is Performance Shipping Inc. (PSHG) undervalued?
Against our fair value estimate of $3.92, PSHG at $1.75 is 124% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
What is PSHG's P/E ratio?
PSHG trades at 2.3 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Where does SteadyShares get its PSHG data?
Fundamentals for PSHG come from company filings and exchange data, as listed on NCM; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 30 Sept 2026, 23:48 UTC and is delayed. Our data quality score for this company is 92/100, which is the share of the inputs behind our scores that were actually available rather than assumed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for PSHG, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.