Top Ships TOPS
NYSE TOPS
$0.73 -0.03 (-3.95%)
At close: Sep 4, 2026 · 4:00 PM EDT

Top Ships (TOPS) Price to Book (2019 - 2025)

Top Ships (TOPS) posted Price to Book of 0.09 for Q4 2025, up 22.22% on a QoQ basis from 0.07 in Q2 2025, and up 21.11% year-over-year from 0.08 in Q4 2024.

Analysis

Top Ships (TOPS) Price to Book (2019 - 2025) Analysis & Trends

Top Ships has reported Price to Book for 7 years, with the latest figure at 0.09 in Q4 2025.

  • On a quarterly basis, Price to Book rose 21.11% year-over-year to 0.09 in Q4 2025; TTM through Dec 2025 was 0.09, a 21.11% increase from a year earlier, with the FY2025 full-year figure at 0.09, up 21.11% from the prior year.
  • Price to Book was 0.09 for Q4 2025 at Top Ships, up from 0.07 in the prior quarter.
  • The five-year high for Price to Book was 0.36 in Q4 2021, with the low at 0.01 in Q2 2023.
  • Average Price to Book over 5 years is 0.15, with a median of 0.12 recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Price to Book plunged 91.94% in 2023, then soared 918.3% in 2024.
  • Over 5 years, Price to Book stood at 0.36 in 2021, then plunged by 90.3% to 0.03 in 2022, then jumped by 478.71% to 0.2 in 2023, then tumbled by 62.72% to 0.08 in 2024, then increased by 21.11% to 0.09 in 2025.
  • The last three Price to Book figures came in at 0.09 (Q4 2025), 0.07 (Q2 2025), and 0.08 (Q4 2024), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Frontline 10.27 Bn 9.94 Bn -
2 Kirby 7.43 Bn 7.39 Bn 290.80 Mn
3 Matson 6.74 Bn 6.62 Bn -
4 International Seaways 5.17 Bn 5.17 Bn 467.16 Mn
5 Hafnia 4.59 Bn 4.31 Bn 372.91 Mn
6 Cmb.Tech 4.47 Bn 4.31 Bn 970.62 Mn
7 Scorpio Tankers 4.26 Bn 2.42 Bn 343.91 Mn
8 Star Bulk Carriers 3.68 Bn 3.11 Bn 299.80 Mn
9 Torm 3.56 Bn -626.52 Mn 652.00 Mn
10 Top Ships 1.31 Mn 1.31 Mn -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 0.09
Jun 30, 2025 0.07
Dec 31, 2024 0.08
Jun 30, 2024 0.14
Dec 31, 2023 0.20
Jun 30, 2023 0.01
Dec 31, 2022 0.03
Jun 30, 2022 0.17
Dec 31, 2021 0.36
Jun 30, 2021 0.34
Dec 31, 2020 0.24
Jun 30, 2020 0.08
Dec 31, 2019 0.67