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Islandsbanki hfOISE:ISB +0.83%70 Graham Number is kr207.63 as of Jun. 2026, which is 100% below its 10-year median of 0.69. GuruFocus rates OISE:ISB with a GF Score™ of 70/100 and a GF Value™ of kr150.11 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,433 Banks companies, Islandsbanki hf ranks better than 64.48% on this metric.
Graham Number is a figure that measures a stock's fundamental value by taking into account the company's earnings per share and book value per share. The Graham number is the upper bound of the price range that a defensive investor should pay for the stock. According to the theory, any stock price below the Graham number is considered undervalued, and thus worth investing in.
As of today (2026-08-02), the stock price of Islandsbanki hf is kr146.00. Islandsbanki hf's graham number for the quarter that ended in Jun. 2026 was kr207.63. Therefore, Islandsbanki hf's Price to Graham Number ratio for today is 0.70.
The historical rank and industry rank for Islandsbanki hf's Graham Number or its related term are showing as below:
OISE:ISB'
s Price-to-Graham-Number Range Over the Past 10 Years
Min: 0.57 Med: 0.69 Max: 0.82
Current: 0.7
During the past 9 years, the highest Price to Graham Number ratio of Islandsbanki hf was 0.82. The lowest was 0.57. And the median was 0.69.
OISE:ISB's Price-to-Graham-Number is ranked better than 64.48% of 1433
companies
in the Banks industry
Industry Median: 0.81
vs OISE:ISB: 0.70
Graham Number is a combination of asset valuation and earnings power valuation. It is a very conservative way of valuing a stock.
Islandsbanki hf (OISE:ISB) Graham Number Explanation
Ben Graham actually did not publish a formula like this. But he wrote in The Intelligent Investor (1948 version) regarding to the criteria for purchases:
Current price should not be more than 15 times average earnings of the past three years.
Current price should not be more than 1.5 times the book value last reported. However, a multiplier of earnings below 15 could justify a correspondingly higher multiplier of assets. As a rule of thumb we suggest that the product of the multiplier times the ratio of price to book value should not exceed 22.5. (This figure corresponds to 15 times earnings and 1.5 times book value. It would admit an issue selling at only 9 times earnings and 2.5 times asset value, etc.)
Unlike valuation methods such as DCF or Discounted Earnings, the Graham number does not take growth into the valuation. Unlike the valuation methods based on book value alone, it takes into account the earnings power. Therefore, the Graham Number is a combination of asset valuation and earnings power valuation.
In general, the Graham number is a very conservative way of valuing a stock. It cannot be applied to companies with negative book values.
Islandsbanki hf's Price to Graham number Ratio for today is calculated as
Price to Graham number
=
Share Price (Today)
/
Graham number (Q: Jun. 2026 )
=
146.00
/
207.63
=
0.70
* 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.
Be Aware
Please keep these in mind:
1. Graham Number does not take growth into account. Therefore it underestimates the values of the companies that have good earnings growth. We feel that if the earnings per share grows more than 10% a year, Graham Number underestimates the value.
2. Graham Number punishes the companies that have temporarily low earnings. Therefore, an average of earnings makes more sense in the calculation of Graham Number.
3. Graham Numbers underestimates companies that are light with book.
Islandsbanki hf Graham Number Related Terms
Islandsbanki hf Graham Number Historical Data
* Premium members only.
The historical data trend for Islandsbanki hf's Graham Number 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.
For the Banks - Regional subindustry, Islandsbanki hf's Price-to-Graham-Number, along with its competitors' market caps and Price-to-Graham-Number 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.
Islandsbanki hf Price-to-Graham-Number vs Banks Industry
For the Banks industry and Financial Services sector, Islandsbanki hf's Price-to-Graham-Number distribution charts can be found below:
* The bar in red indicates where Islandsbanki hf's Price-to-Graham-Number falls into.
* 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.
Islandsbanki hf (OISE:ISB) has a Graham Number of kr207.63 as of Jun. 2026. The Graham Number values a company based on its per-share earnings and book value. View historical data on Islandsbanki hf and its competitors. This is 29991% above median its historical median of 0.69. Over the past decade, Islandsbanki hf's Graham Number has ranged from 0.57 to 0.82. According to the industry distribution chart, Islandsbanki hf ranks #509 out of 1433 companies in the Banks industry, placing it in the top 35.5%.
Is Islandsbanki hf's Graham Number too high?
Islandsbanki hf's current Graham Number of kr207.63 is 29991% above median its 10-year median of 0.69. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.82. Based on the distribution chart, Islandsbanki hf ranks #509 out of 1433 companies in the Banks industry, which is above the industry midpoint. Overall, Islandsbanki hf has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Islandsbanki hf's Graham Number compare to PNC and USB?
According to the Banks industry distribution chart, Islandsbanki hf ranks #509 out of 1433 companies for Graham Number. This puts Islandsbanki hf in the upper half of its industry. The industry median Graham Number is 0.81. Historically, Islandsbanki hf's own Graham Number has ranged from 0.57 to 0.82 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Graham Number for a Banks company?
The median Graham Number among Banks companies is 0.81, based on 1,433 companies in the industry. Companies in the top quartile (top 25%) have a Graham Number significantly above this median, while those in the bottom quartile fall well below. However, Graham Number 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 Graham Number mean?
A high Graham Number can signal that a stock is expensive relative to its fundamentals. The Graham Number values a company based on its per-share earnings and book value. View historical data on Islandsbanki hf and its competitors. For the Banks industry, the median Graham Number is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Islandsbanki hf's current Graham Number is kr207.63, which is 29991% above median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Islandsbanki hf stock overvalued right now?
Based on GuruFocus' analysis, Islandsbanki hf (OISE:ISB) is currently considered Fairly Valued. The stock's GF Value™ is kr150.11, compared to a current price of kr146.00 — trading 2.7% below its estimated fair value. The current Graham Number is kr207.63, which is 29991% above median its 10-year median of 0.69. Islandsbanki hf's overall GF Score™ is 70/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Graham Number calculated?
Graham Number is calculated from a company's financial statements. For Islandsbanki hf (OISE:ISB), the current Graham Number is kr207.63 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 Islandsbanki hf (OISE:ISB) Overvalued in 2026?
Based on GuruFocus' analysis, Islandsbanki hf stock appears to be undervalued.
The current stock price of kr146.00 is trading 2.7% below its estimated GF Value™ of kr150.11.
GuruFocus considers Islandsbanki hf to be Fairly Valued.
Key valuation signals for OISE:ISB:
Graham Number: kr207.63 (29991% above median its 10-year median of 0.69)
GF Value™: kr150.11 vs. price of kr146.00 (2.7% below fair value)
No single metric tells the full story. See the OISE:ISB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Islandsbanki hf is a customer-centric universal bank. The company's segments include Personal Banking; Business Banking; Corporate and Investment Banking; Treasury and Proprietary Trading and Cost centres. It generates maximum revenue from the Business Banking segment. Business Banking provides small and medium-sized enterprises (SMEs) with comprehensive financial services, including Ergo, the Bank's asset financing service.
70GF Score
Get the complete analysis for OISE:ISB
Graham Number is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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