Icelandair Group hf (OISE:ICEAIR) Book Value per Share: kr0.68 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OISE:ICEAIR Icelandair Group hf OISE:ICEAIR
55 GF Score
Price kr0.72
GF Value kr1.32
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Icelandair Group hf Book Value per Share?

Icelandair Group hf OISE:ICEAIR -0.28% 55 Book Value per Share is kr0.68 as of Jun. 2026. GuruFocus rates OISE:ICEAIR with a GF Score™ of 55/100 and a GF Value™ of kr1.32 (Possible Value Trap). The stock has 3 warning signs investors should review.

Icelandair Group hf's book value per share for the quarter that ended in Jun. 2026 was kr0.68.

During the past 12 months, Icelandair Group hf's average Book Value Per Share Growth Rate was -19.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -31.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Icelandair Group hf was 33.40% per year. The lowest was -60.00% per year. And the median was -5.40% per year.

Icelandair Group hf's current price is kr0.716. Its book value per share for the quarter that ended in Jun. 2026 was kr0.68. Hence, today's PB Ratio of Icelandair Group hf is 1.05.

During the past 13 years, the highest P/B Ratio of Icelandair Group hf was 3.04. The lowest was 0.33. And the median was 1.24.


Icelandair Group hf  (OISE:ICEAIR) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Icelandair Group hf Book Value per Share Related Terms


Icelandair Group hf Book Value per Share Historical Data

* Premium members only.

The historical data trend for Icelandair Group hf's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Icelandair Group hf Book Value per Share Chart

Icelandair Group hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.81 0.86 0.80 0.85

Icelandair Group hf Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 1.01 0.85 0.90 0.68

OISE:ICEAIR vs DAL, UAL, LUV: Book Value per Share Comparison

For the Airlines subindustry, Icelandair Group hf's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Icelandair Group hf PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Icelandair Group hf's PB Ratio distribution charts can be found below:

* The bar in red indicates where Icelandair Group hf's PB Ratio falls into.


OISE:ICEAIR
55GF Score
Icelandair Group hf OISE:ICEAIR
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Icelandair Group hf Book Value per Share Calculation

Icelandair Group hf's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(34,876-0)/41,120
=0.85

Icelandair Group hf's Book Value Per Share for the quarter that ended in Jun. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(27,915-0)/41,120
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of kr0.68 mean?
Icelandair Group hf (OISE:ICEAIR) has a Book Value per Share of kr0.68 as of Jun. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Icelandair Group hf and its competitors.
Is Icelandair Group hf's Book Value per Share too high?
Icelandair Group hf's current Book Value per Share is kr0.68. Overall, Icelandair Group hf has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Icelandair Group hf's Book Value per Share compare to DAL and UAL?
Icelandair Group hf's Book Value per Share of kr0.68 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Transportation company?
A good Book Value per Share depends on the Transportation industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Icelandair Group hf and its competitors. Icelandair Group hf's current Book Value per Share is kr0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icelandair Group hf stock overvalued right now?
Based on GuruFocus' analysis, Icelandair Group hf (OISE:ICEAIR) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.32, compared to a current price of kr0.72 — trading 45.8% below its estimated fair value. The current Book Value per Share is kr0.68. Icelandair Group hf's overall GF Score™ is 55/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Icelandair Group hf (OISE:ICEAIR), the current Book Value per Share is kr0.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Icelandair Group hf (OISE:ICEAIR) Overvalued in 2026?

Based on GuruFocus' analysis, Icelandair Group hf stock appears to be undervalued. The current stock price of kr0.72 is trading 45.8% below its estimated GF Value™ of kr1.32. GuruFocus considers Icelandair Group hf to be Possible Value Trap.

Key valuation signals for OISE:ICEAIR:

  • Book Value per Share: kr0.68
  • GF Value™: kr1.32 vs. price of kr0.72 (45.8% below fair value)
  • GF Score™: 55/100 with 3 warning signs

No single metric tells the full story. See the OISE:ICEAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Icelandair Group hf Business Description

Address Flugvellir 1, Hafnarfjordur, ISL, 221
Icelandair Group hf operates in the international airline sector. Its segment is the Route network, which generates maximum revenue and provides passenger air travel to, from, via, and within Iceland. The Cargo operation offers air-freight services to, from, via, and within Iceland by utilizing capacity within the aircraft of the Icelandair passenger network as well as its own freighter and The Leasing operation, provided by Loftleioir-Icelandic ehf., offers aircraft leasing and consulting services to international passenger airlines and tour operators. The Group operates in North America, which generates maximum revenue, as well as Europe, Iceland, and other regions.
55GF Score

Get the complete analysis for OISE:ICEAIR

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.72
Price
kr1.32
GF Value