Is PSHG or SB more undervalued in 2026?

CirclFi compares Performance Shipping Inc. (PSHG) and Safe Bulkers, Inc (SB) using 13 institutional-grade valuation models. PSHG has a Quality of Company score of 8.2/10 while SB scores 2.3/10.

Which is a better buy — PSHG or SB?

Compare intrinsic values from 13 independent models against current market prices. CirclFi also calculates Value Trap scores. This is not financial advice — conduct your own analysis.

How do PSHG and SB valuations compare?

PSHG at $1.73 and SB at $6.25 are compared across Bayesian DCF, EPV, EROIC Spread, First Chicago, Markov DDM, and 8 additional models.

PSHG vs SB Valuation Comparison 2026 — Intrinsic Value Analysis

PSHG

Deep Sea Foreign Transportation of Freight

Performance Shipping Inc.

Quality

8.2

out of 10

Value Trap

SAFE

Price

$1.73

Last close

Models

1/13

Active

SB

Deep Sea Foreign Transportation of Freight

Safe Bulkers, Inc

Quality

2.3

out of 10

Value Trap

—

Price

$6.25

Last close

Models

13/13

Active

Model-by-Model Comparison

Model	Type	PSHG Fair Value	PSHG Upside	SB Fair Value	SB Upside
Bayesian DCF	Intrinsic	—	—	$1.57	-74.9%
Earnings Power Value	Intrinsic	—	—	$3.22	-53.4%
EROIC Spread	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
First Chicago	Scenario	$•••.••	••.•%	$•••.••	••.•%
Markov DDM	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
ML-RIV	Intrinsic	$•••.••	••.•%	$•••.••	••.•%
Dynamic NAV	Asset-Based	$•••.••	••.•%	$•••.••	••.•%
PWERM	Option-Based	$•••.••	••.•%	$•••.••	••.•%
Regime Cross-Sectional	Relative	$•••.••	••.•%	$•••.••	••.•%
Sentiment SOTP	Hybrid	$•••.••	••.•%	$•••.••	••.•%
CUCE Ensemble	Ensemble	$•••.••	••.•%	$•••.••	••.•%
FTNN Topology	Relative	$6.37	+268.2%	$6.02	-3.7%
RCMH-DCF	Intrinsic	$•••.••	••.•%	$•••.••	••.•%

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PSHG vs SB — Which Stock Is More Undervalued?

PSHG scores higher with a 8.2/10 quality rating vs SB's 2.3/10. Both stocks are analyzed daily using SEC EDGAR filings across 13 independent models.

Comparing Performance Shipping Inc. (PSHG) and Safe Bulkers, Inc (SB) across 13 institutional-grade valuation models reveals how each company's intrinsic value stacks up against its market price. CirclFi's engine processes SEC EDGAR 10-K and 10-Q filings, FRED macroeconomic data, and GDELT news sentiment to generate independent fair value estimates daily.

PSHG currently trades at $1.73 with a QOC of 8.2/10, while SB trades at $6.25 with a QOC of 2.3/10.

Both companies are analyzed with models spanning intrinsic (Bayesian DCF, EPV), scenario-based (First Chicago), regime-switching (Markov DDM, RCMH-DCF), machine learning (ML-RIV, FTNN Topology), and ensemble methods (CUCE).