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SB vs. ASC
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Correlation

The correlation between SB and ASC is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Performance

SB vs. ASC - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC). The values are adjusted to include any dividend payments, if applicable.

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Key characteristics

Sharpe Ratio

SB:

-0.89

ASC:

-1.25

Sortino Ratio

SB:

-1.22

ASC:

-1.97

Omega Ratio

SB:

0.86

ASC:

0.78

Calmar Ratio

SB:

-0.46

ASC:

-0.80

Martin Ratio

SB:

-1.00

ASC:

-1.26

Ulcer Index

SB:

31.53%

ASC:

38.77%

Daily Std Dev

SB:

35.99%

ASC:

39.35%

Max Drawdown

SB:

-97.38%

ASC:

-80.11%

Current Drawdown

SB:

-63.85%

ASC:

-55.56%

Fundamentals

Market Cap

SB:

$373.71M

ASC:

$398.11M

EPS

SB:

$0.83

ASC:

$3.06

PE Ratio

SB:

4.28

ASC:

3.20

PEG Ratio

SB:

-1.07

ASC:

-6.04

PS Ratio

SB:

1.21

ASC:

1.07

PB Ratio

SB:

0.43

ASC:

0.66

Total Revenue (TTM)

SB:

$225.96M

ASC:

$299.48M

Gross Profit (TTM)

SB:

$101.03M

ASC:

$116.71M

EBITDA (TTM)

SB:

$117.93M

ASC:

$111.15M

Returns By Period

In the year-to-date period, SB achieves a 0.79% return, which is significantly higher than ASC's -18.64% return. Over the past 10 years, SB has outperformed ASC with an annualized return of 1.29%, while ASC has yielded a comparatively lower -0.04% annualized return.


SB

YTD

0.79%

1M

2.01%

6M

-16.20%

1Y

-31.69%

5Y*

37.20%

10Y*

1.29%

ASC

YTD

-18.64%

1M

5.49%

6M

-18.01%

1Y

-48.99%

5Y*

17.25%

10Y*

-0.04%

*Annualized

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Risk-Adjusted Performance

SB vs. ASC — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

SB
The Risk-Adjusted Performance Rank of SB is 1414
Overall Rank
The Sharpe Ratio Rank of SB is 77
Sharpe Ratio Rank
The Sortino Ratio Rank of SB is 99
Sortino Ratio Rank
The Omega Ratio Rank of SB is 1111
Omega Ratio Rank
The Calmar Ratio Rank of SB is 2020
Calmar Ratio Rank
The Martin Ratio Rank of SB is 2525
Martin Ratio Rank

ASC
The Risk-Adjusted Performance Rank of ASC is 55
Overall Rank
The Sharpe Ratio Rank of ASC is 11
Sharpe Ratio Rank
The Sortino Ratio Rank of ASC is 22
Sortino Ratio Rank
The Omega Ratio Rank of ASC is 44
Omega Ratio Rank
The Calmar Ratio Rank of ASC is 55
Calmar Ratio Rank
The Martin Ratio Rank of ASC is 1414
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

SB vs. ASC - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Safe Bulkers, Inc. (SB) and Ardmore Shipping Corporation (ASC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


The current SB Sharpe Ratio is -0.89, which is comparable to the ASC Sharpe Ratio of -1.25. The chart below compares the historical Sharpe Ratios of SB and ASC, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Dividends

SB vs. ASC - Dividend Comparison

SB's dividend yield for the trailing twelve months is around 5.63%, less than ASC's 9.69% yield.


TTM20242023202220212020201920182017201620152014
SB
Safe Bulkers, Inc.
5.63%5.60%5.09%6.87%0.00%0.00%0.00%0.00%0.00%0.00%4.94%5.63%
ASC
Ardmore Shipping Corporation
9.69%8.89%8.16%0.00%0.00%1.53%0.00%0.00%0.00%5.41%4.80%3.34%

Drawdowns

SB vs. ASC - Drawdown Comparison

The maximum SB drawdown since its inception was -97.38%, which is greater than ASC's maximum drawdown of -80.11%. Use the drawdown chart below to compare losses from any high point for SB and ASC. For additional features, visit the drawdowns tool.


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Volatility

SB vs. ASC - Volatility Comparison

Safe Bulkers, Inc. (SB) has a higher volatility of 11.60% compared to Ardmore Shipping Corporation (ASC) at 10.76%. This indicates that SB's price experiences larger fluctuations and is considered to be riskier than ASC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Financials

SB vs. ASC - Financials Comparison

This section allows you to compare key financial metrics between Safe Bulkers, Inc. and Ardmore Shipping Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.


Quarterly
Annual

Total Revenue: Total amount of money received from sales and other business activities


40.00M60.00M80.00M100.00M120.00M140.00MAprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
71.49M
82.04M
(SB) Total Revenue
(ASC) Total Revenue
Values in USD except per share items

SB vs. ASC - Profitability Comparison

The chart below illustrates the profitability comparison between Safe Bulkers, Inc. and Ardmore Shipping Corporation over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

Gross Margin
Operating Margin
Net Margin
Quarterly
Annual

0.0%20.0%40.0%60.0%AprilJulyOctober2021AprilJulyOctober2022AprilJulyOctober2023AprilJulyOctober2024AprilJulyOctober
46.0%
28.7%
(SB) Gross Margin
(ASC) Gross Margin
SB - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported a gross profit of 32.87M and revenue of 71.49M. Therefore, the gross margin over that period was 46.0%.

ASC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a gross profit of 23.53M and revenue of 82.04M. Therefore, the gross margin over that period was 28.7%.

SB - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported an operating income of 24.64M and revenue of 71.49M, resulting in an operating margin of 34.5%.

ASC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported an operating income of 11.47M and revenue of 82.04M, resulting in an operating margin of 14.0%.

SB - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Safe Bulkers, Inc. reported a net income of 19.36M and revenue of 71.49M, resulting in a net margin of 27.1%.

ASC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Ardmore Shipping Corporation reported a net income of 6.94M and revenue of 82.04M, resulting in a net margin of 8.5%.