HRBR (Harbor Diversified) PB Ratio: 0.76 (As of Jul. 27, 2026) — 90% Above Median

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HRBR Harbor Diversified Inc HRBR
53 GF Score
Price $2.08
GF Value $1.35
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Harbor Diversified PB Ratio?

Harbor Diversified HRBR 53 PB Ratio is 0.76 as of Jul. 27, 2026, which is 90% above its 10-year median of 0.40. GuruFocus rates HRBR with a GF Score™ of 53/100 and a GF Value™ of $1.35 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 967 Transportation companies, Harbor Diversified ranks better than 74.77% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-07-27), Harbor Diversified's share price is $2.08. Harbor Diversified's Book Value per Share for the quarter that ended in Jun. 2025 was $2.73. Hence, Harbor Diversified's PB Ratio of today is 0.76.

Warning Sign:

Harbor Diversified Inc stock PB Ratio (=0.76) is close to 3-year high of 0.77.

The historical rank and industry rank for Harbor Diversified's PB Ratio or its related term are showing as below:

HRBR' s PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.4   Max: 1.32
Current: 0.76

During the past 13 years, Harbor Diversified's highest PB Ratio was 1.32. The lowest was 0.01. And the median was 0.40.

HRBR's PB Ratio is ranked better than
74.77% of 967 companies
in the Transportation industry
Industry Median: 1.25 vs HRBR: 0.76

During the past 12 months, Harbor Diversified's average Book Value Per Share Growth Rate was 0.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 16.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 39.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Harbor Diversified was 300.80% per year. The lowest was -65.40% per year. And the median was 4.95% per year.

Back to Basics: PB Ratio


Harbor Diversified  (OTCPK:HRBR) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Harbor Diversified PB Ratio Related Terms


Harbor Diversified PB Ratio Historical Data

* Premium members only.

The historical data trend for Harbor Diversified's PB Ratio 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.

Harbor Diversified PB Ratio Chart

Harbor Diversified Annual Data
Trend Dec09 Dec10 Dec11 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.53 0.49 0.50 0.34

Harbor Diversified Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25
PB Ratio 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 0.44 0.50 0.62 0.34 0.18

HRBR vs SRFM, FLYX, FLYYQ: PB Ratio Comparison

For the Airlines subindustry, Harbor Diversified'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.


Harbor Diversified PB Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Harbor Diversified's PB Ratio distribution charts can be found below:

* The bar in red indicates where Harbor Diversified's PB Ratio falls into.


HRBR
53GF Score
Harbor Diversified Inc HRBR
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harbor Diversified PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Harbor Diversified's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jun. 2025)
=2.08/2.728
=0.76

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 0.76 mean?
Harbor Diversified (HRBR) has a PB Ratio of 0.76 as of Jul. 27, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Harbor Diversified and its competitors. This is 90% above median its historical median of 0.40. Over the past decade, Harbor Diversified's PB Ratio has ranged from 0.01 to 1.32. According to the industry distribution chart, Harbor Diversified ranks #244 out of 967 companies in the Transportation industry, placing it in the top 25.2%.
Is Harbor Diversified's PB Ratio too high?
Harbor Diversified's current PB Ratio of 0.76 is 90% above median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.32. The Transportation industry median PB Ratio is 1.25. Harbor Diversified's value of 0.76 is 39.2% below this industry median. Based on the distribution chart, Harbor Diversified ranks #244 out of 967 companies in the Transportation industry, which is above the industry midpoint. Overall, Harbor Diversified has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Harbor Diversified's PB Ratio compare to SRFM and FLYX?
According to the Transportation industry distribution chart, Harbor Diversified ranks #244 out of 967 companies for PB Ratio. This puts Harbor Diversified in the upper half of its industry. The industry median PB Ratio is 1.25. Harbor Diversified's value of 0.76 is 39.2% below this benchmark. Historically, Harbor Diversified's own PB Ratio has ranged from 0.01 to 1.32 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 1.25, Harbor Diversified 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 PB Ratio for a Transportation company?
The median PB Ratio among Transportation companies is 1.25, based on 967 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Harbor Diversified's current PB Ratio of 0.76 is 39.2% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Harbor Diversified and its competitors. For the Transportation industry, the median PB Ratio is 1.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harbor Diversified's current PB Ratio is 0.76, which is 90% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harbor Diversified stock overvalued right now?
Based on GuruFocus' analysis, Harbor Diversified (HRBR) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.35, compared to a current price of $2.08 — trading 54.1% above its estimated fair value. The current PB Ratio is 0.76, which is 90% above median its 10-year median of 0.40 and 39.2% below the Transportation industry median of 1.25. Harbor Diversified's overall GF Score™ is 53/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Harbor Diversified (HRBR), the current PB Ratio is 0.76 as of Jul. 27, 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 Harbor Diversified (HRBR) Overvalued in 2026?

Based on GuruFocus' analysis, Harbor Diversified stock appears to be overvalued. The current stock price of $2.08 is trading 54.1% above its estimated GF Value™ of $1.35. GuruFocus considers Harbor Diversified to be Significantly Overvalued.

Key valuation signals for HRBR:

  • PB Ratio: 0.76 (90% above median its 10-year median of 0.40)
  • GF Value™: $1.35 vs. price of $2.08 (54.1% above fair value)
  • GF Score™: 53/100 with 5 warning signs
  • Industry Position: 39.2% below the Transportation median (#244 of 967)

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


Harbor Diversified Business Description

Address 5601 West Grande Market Drive, Suite C, Appleton, WI, USA, 54913
Harbor Diversified Inc are not engaged in any operating business, and do not have any sources of revenue from operations.
53GF Score

Get the complete analysis for HRBR

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

$2.08
Price
$1.35
GF Value