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Iceland Seafood International hfOISE:ICESEA -2.39%56 Cyclically Adjusted PB Ratio is 0.82 as of Sep. 16, 2026, which is 30% below its 10-year median of 1.17. GuruFocus rates OISE:ICESEA with a GF Score™ of 56/100 and a GF Value™ of kr6.31 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,268 Consumer Packaged Goods companies, Iceland Seafood International hf ranks better than 62.93% on this metric.
The historical rank and industry rank for Iceland Seafood International hf's Cyclically Adjusted PB Ratio or its related term are showing as below:
OISE:ICESEA'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.9 Med: 1.17 Max: 1.33
Current: 0.91
During the past 13 years, Iceland Seafood International hf's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.90. And the median was 1.17.
OISE:ICESEA's Cyclically Adjusted PB Ratio is ranked better than 62.93% of 1268
companies
in the Consumer Packaged Goods industry
Industry Median: 1.245
vs OISE:ICESEA: 0.91
The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.
Iceland Seafood International hf's adjusted book value per share data of for the fiscal year that ended in Dec25 was kr3.957. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr4.49 for the trailing ten years ended in Dec25.
Shiller PE for Stocks: The True Measure of Stock Valuation
Iceland Seafood International hf (OISE:ICESEA) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
Iceland Seafood International hf Cyclically Adjusted PB Ratio Related Terms
Iceland Seafood International hf Cyclically Adjusted PB Ratio Historical Data
* 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.
Iceland Seafood International hf Cyclically Adjusted PB Ratio Chart
OISE:ICESEA vs KHC, GIS, MKC: Cyclically Adjusted PB Ratio Comparison
For the Packaged Foods subindustry, Iceland Seafood International hf's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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.
Iceland Seafood International hf Cyclically Adjusted PB Ratio vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Iceland Seafood International hf's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Iceland Seafood International hf's Cyclically Adjusted PB Ratio falls into.
Iceland Seafood International hf Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* 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.
Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.
What does a Cyclically Adjusted PB Ratio of 0.82 mean?
Iceland Seafood International hf (OISE:ICESEA) has a Cyclically Adjusted PB Ratio of 0.82 as of Sep. 16, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Iceland Seafood International hf and its competitors. This is 30% below median its historical median of 1.17. Over the past decade, Iceland Seafood International hf's Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.33. According to the industry distribution chart, Iceland Seafood International hf ranks #470 out of 1268 companies in the Consumer Packaged Goods industry, placing it in the top 37.1%.
Is Iceland Seafood International hf's Cyclically Adjusted PB Ratio too high?
Iceland Seafood International hf's current Cyclically Adjusted PB Ratio of 0.82 is 30% below median its 10-year median of 1.17. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.33. The Consumer Packaged Goods industry median Cyclically Adjusted PB Ratio is 1.25. Iceland Seafood International hf's value of 0.82 is 34.1% below this industry median. Based on the distribution chart, Iceland Seafood International hf ranks #470 out of 1268 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Iceland Seafood International hf has a GF Score™ of 56/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Iceland Seafood International hf's Cyclically Adjusted PB Ratio compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Iceland Seafood International hf ranks #470 out of 1268 companies for Cyclically Adjusted PB Ratio. This puts Iceland Seafood International hf in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.25. Iceland Seafood International hf's value of 0.82 is 34.1% below this benchmark. Historically, Iceland Seafood International hf's own Cyclically Adjusted PB Ratio has ranged from 0.90 to 1.33 over the past decade. While the company's 10-year median is 1.17 vs. the industry median of 1.25, Iceland Seafood International hf has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Consumer Packaged Goods company?
The median Cyclically Adjusted PB Ratio among Consumer Packaged Goods companies is 1.25, based on 1,268 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Iceland Seafood International hf's current Cyclically Adjusted PB Ratio of 0.82 is 34.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Iceland Seafood International hf and its competitors. For the Consumer Packaged Goods industry, the median Cyclically Adjusted PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iceland Seafood International hf's current Cyclically Adjusted PB Ratio is 0.82, which is 30% below median its own 10-year median of 1.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iceland Seafood International hf stock overvalued right now?
Based on GuruFocus' analysis, Iceland Seafood International hf (OISE:ICESEA) is currently considered Significantly Undervalued. The stock's GF Value™ is kr6.31, compared to a current price of kr3.68 — trading 41.7% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.82, which is 30% below median its 10-year median of 1.17 and 34.1% below the Consumer Packaged Goods industry median of 1.25. Iceland Seafood International hf's overall GF Score™ is 56/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Iceland Seafood International hf (OISE:ICESEA), the current Cyclically Adjusted PB Ratio is 0.82 as of Sep. 16, 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 Iceland Seafood International hf (OISE:ICESEA) Overvalued in 2026?
Based on GuruFocus' analysis, Iceland Seafood International hf stock appears to be undervalued.
The current stock price of kr3.68 is trading 41.7% below its estimated GF Value™ of kr6.31.
GuruFocus considers Iceland Seafood International hf to be Significantly Undervalued.
Key valuation signals for OISE:ICESEA:
Cyclically Adjusted PB Ratio: 0.82 (30% below median its 10-year median of 1.17)
GF Value™: kr6.31 vs. price of kr3.68 (41.7% below fair value)
Industry Position: 34.1% below the Consumer Packaged Goods median (#470 of 1268)
No single metric tells the full story. See the OISE:ICESEA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Iceland Seafood International hf is engaged in the sale, processing, and marketing of frozen, salted, and fresh seafood. The company's operating segment includes Value-added Southern Europe; Value added Northern Europe; Sales and Distribution and Other. It generates maximum revenue from the Value-added Southern Europe segment.
56GF Score
Get the complete analysis for OISE:ICESEA
Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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