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Annual report 2024
added 02-21-2026

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Top Ships Book Value 2011-2026 | TOPS

Book value is a financial metric that reflects the value of a company's assets minus its liabilities as of a specific date, according to accounting records. In simple terms, it is the amount that would remain for the owners of the company if all assets were sold and all debts paid off.
What is included in book value
  • Assets — all company resources: real estate, equipment, inventory, cash, accounts receivable, and others.
  • Liabilities — all debts and financial obligations: loans, accounts payable, taxes, and other obligations.
Features of the metric
  • Assessment of the company's "real" value
    Book value shows how much the company is worth according to accounting data, that is, the value of its property taking debts into account.
  • Comparison with market capitalization
    Comparing book value and the market price of shares helps to understand whether the company is overvalued or undervalued by the market.
  • Indicator of financial stability
    If the book value is high, it indicates the company has significant assets, which reduces risks for investors.
  • Key component for financial ratios
    Many metrics, such as the price-to-book ratio (P/B), use book value to analyze the attractiveness of shares.

Annual Book Value Top Ships

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
144 M 183 M 197 M 109 M 134 M 106 M 104 M 107 M 45.5 M 34.2 M 42.5 M 14.8 M 13.1 M 76.7 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
197 M 13.1 M 93.7 M

Quarterly Book Value Top Ships

2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
- - - - 109 M - 125 M - 134 M - 140 M - 106 M - 126 M - 104 M - 98.7 M - 107 M - 73.9 M - 47.3 M - 38.6 M - 34.2 M - - - 42.5 M - -39.6 M -11.9 M 14.8 M - - - -198 M - - - -220 M - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
140 M -220 M 43.8 M

Book Value of other stocks in the Marine shipping industry

Issuer Book Value Price % 24h Market Cap Country
Capital Product Partners L.P. Capital Product Partners L.P.
CPLP
1.34 B - 2.13 % $ 355 B greeceGreece
Diana Shipping Diana Shipping
DSX
842 M $ 2.63 - $ 305 M greeceGreece
EuroDry Ltd. EuroDry Ltd.
EDRY
106 M $ 22.35 - $ 61 M greeceGreece
Современный коммерческий флот Современный коммерческий флот
FLOT
3.32 B - - - russiaRussia
Flex LNG Ltd. Flex LNG Ltd.
FLNG
835 M $ 29.26 - $ 1.58 B bermudaBermuda
Globus Maritime Limited Globus Maritime Limited
GLBS
176 M $ 1.95 - $ 13.3 B greeceGreece
Costamare Costamare
CMRE
5.15 B $ 17.54 - $ 2.09 B greeceGreece
Grindrod Shipping Holdings Ltd. Grindrod Shipping Holdings Ltd.
GRIN
645 M $ 29.34 -3.74 % $ 163 M singaporeSingapore
Euroseas Ltd. Euroseas Ltd.
ESEA
363 M $ 66.87 - $ 464 M greeceGreece
Kirby Corporation Kirby Corporation
KEX
6.01 B $ 133.83 - $ 7.45 B usaUSA
Navios Maritime Containers L.P. Navios Maritime Containers L.P.
NMCI
-34.3 M - - $ 300 M monacoMonaco
StealthGas StealthGas
GASS
627 M $ 8.94 - $ 315 M greeceGreece
Castor Maritime Castor Maritime
CTRM
463 M $ 2.22 - $ 21.5 M cyprusCyprus
Matson Matson
MATX
4.6 B $ 168.53 - $ 5.68 B usaUSA
Genco Shipping & Trading Limited Genco Shipping & Trading Limited
GNK
898 M $ 23.98 - $ 1.04 B usaUSA
Eneti Eneti
NETI
715 M - - $ 431 M monacoMonaco
Navios Maritime Holdings Navios Maritime Holdings
NM
142 M - 0.22 % $ 51.7 M monacoMonaco
Performance Shipping Performance Shipping
PSHG
145 M $ 2.38 - $ 29.4 M greeceGreece
Danaos Corporation Danaos Corporation
DAC
3.8 B $ 115.19 - $ 2.12 B greeceGreece
Navios Maritime Partners L.P. Navios Maritime Partners L.P.
NMM
655 M $ 71.09 - $ 2.04 B greeceGreece
Ardmore Shipping Corporation Ardmore Shipping Corporation
ASC
635 M $ 16.47 - $ 686 M bermudaBermuda
Pangaea Logistics Solutions, Ltd. Pangaea Logistics Solutions, Ltd.
PANL
705 M $ 9.11 -2.25 % $ 408 M usaUSA
Pyxis Tankers Pyxis Tankers
PXS
143 M $ 4.32 - $ 45.5 M greeceGreece
Huntington Ingalls Industries Huntington Ingalls Industries
HII
5.07 B $ 440.33 - $ 17.3 B usaUSA
Safe Bulkers Safe Bulkers
SB
832 M $ 6.56 - $ 706 M monacoMonaco
Seanergy Maritime Holdings Corp. Seanergy Maritime Holdings Corp.
SHIP
262 M $ 14.62 - $ 289 M greeceGreece
KNOT Offshore Partners LP KNOT Offshore Partners LP
KNOP
698 M $ 10.6 - $ 358 M britainBritain
International Seaways International Seaways
INSW
2.02 B $ 75.61 - $ 3.73 B usaUSA
Nordic American Tankers Limited Nordic American Tankers Limited
NAT
818 M $ 5.78 - $ 1.21 B bermudaBermuda
Eagle Bulk Shipping Eagle Bulk Shipping
EGLE
600 M - -2.29 % $ 678 M usaUSA
Star Bulk Carriers Corp. Star Bulk Carriers Corp.
SBLK
2.48 B $ 26.25 - $ 2.81 B greeceGreece
SEACOR Marine Holdings SEACOR Marine Holdings
SMHI
265 M $ 7.6 - $ 199 M usaUSA