P/E ratio for Safe Bulkers (SB)
P/E ratio as of July 2025 (TTM): 6.25
According to Safe Bulkers 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.25373. At the end of 2024 the company had a P/E ratio of 4.30.
P/E ratio history for Safe Bulkers from 2008 to 2025
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2024 | 4.30 | -32.14% |
| 2023 | 6.34 | 198.42% |
| 2022 | 2.12 | -21.12% |
| 2021 | 2.69 | |
| 2019 | 34.0 | 205.62% |
| 2018 | 11.1 | -437.54% |
| 2017 | -3.30 | 137.88% |
| 2016 | -1.39 | 26.58% |
| 2015 | -1.09 | -102.24% |
| 2014 | 48.9 | 393.45% |
| 2013 | 9.90 | 274.38% |
| 2012 | 2.65 | -43.02% |
| 2011 | 4.64 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Navios Maritime Partners NMM | 4.13 | -33.89% | 🇲🇨 Monaco |
 Euroseas ESEA | 2.82 | -54.85% | 🇬🇷 Greece |
 Navios Maritime Holdings NM | 1.30 | -79.26% | 🇲🇨 Monaco |
 Seanergy Maritime SHIP | 3.33 | -46.80% | 🇬🇷 Greece |
 Star Bulk Carriers SBLK | 9.57 | 53.10% | 🇬🇷 Greece |
 Diana Shipping DSX | 26.7 | 326.41% | 🇬🇷 Greece |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.