Performance Shipping Inc. (PSHG)
Industrials · NCM
Fundamentals
Valuation and ratings
Performance Shipping Inc. trades at USD1.80, which is 118% below the USD3.92 our discounted cash flow model puts on the business. On that measure alone it screens as undervalued, though a DCF 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 | USD0.150 | 1 |
| 2016 | USD4445.28 | 2 |
| 2015 | USD8890.56 | 4 |
| 2014 | USD152621.28 | 4 |
| 2013 | USD666792.00 | 4 |
| 2012 | USD740880.00 | 4 |
| 2011 | USD133358.40 | 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 analyst 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.
PSHG passes 5 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Common questions
Is Performance Shipping Inc. (PSHG) undervalued?
Against our discounted cash flow estimate of USD3.92, PSHG at USD1.80 is 118% below fair value. That is one model's answer, not a recommendation, and most of a DCF's output sits in a terminal value nobody can forecast.
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.
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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.