Havila Kystruten AS (OSL:HKY) PB Ratio: (As of Jul. 15, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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OSL:HKY Havila Kystruten AS OSL:HKY
51 GF Score
Price kr59.00
GF Value kr54.56
Valuation Fairly Valued
! 6 Warning Signs
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What is Havila Kystruten AS PB Ratio?

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 (2026-07-15), Havila Kystruten AS's share price is kr59.00. Havila Kystruten AS's Book Value per Share for the quarter that ended in Mar. 2026 was kr-74.55. Hence, Havila Kystruten AS's PB Ratio of today is .

The historical rank and industry rank for Havila Kystruten AS's PB Ratio or its related term are showing as below:

During the past 8 years, Havila Kystruten AS's highest PB Ratio was 107.11. The lowest was 0.19. And the median was 1.23.

OSL:HKY's PB Ratio is not ranked *
in the Travel & Leisure industry.
Industry Median: 1.5
* Ranked among companies with meaningful PB Ratio only.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Havila Kystruten AS was 13.20% per year. The lowest was -46.30% per year. And the median was -16.55% per year.

Back to Basics: PB Ratio


Havila Kystruten AS  (OSL:HKY) 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.


Havila Kystruten AS PB Ratio Related Terms


Havila Kystruten AS PB Ratio Historical Data

* Premium members only.

The historical data trend for Havila Kystruten AS'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.

Havila Kystruten AS PB Ratio Chart

Havila Kystruten AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial 1.15 1.32 1.36 0.00 0.00

Havila Kystruten AS Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

OSL:HKY vs BKNG, ABNB, RCL: PB Ratio Comparison

For the Travel Services subindustry, Havila Kystruten AS'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.


Havila Kystruten AS PB Ratio vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Havila Kystruten AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where Havila Kystruten AS's PB Ratio falls into.


OSL:HKY
51GF Score
Havila Kystruten AS OSL:HKY
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Havila Kystruten AS 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.

Havila Kystruten AS's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=59.00/-74.553
=

* 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.

Is Havila Kystruten AS (OSL:HKY) Overvalued in 2026?

Based on GuruFocus' analysis, Havila Kystruten AS stock appears to be overvalued. The current stock price of kr59.00 is trading 8.1% above its estimated GF Value™ of kr54.56. GuruFocus considers Havila Kystruten AS to be Fairly Valued.

Key valuation signals for OSL:HKY:

  • PB Ratio:
  • GF Value™: kr54.56 vs. price of kr59.00 (8.1% above fair value)
  • GF Score™: 51/100 with 6 warning signs

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


Havila Kystruten AS Business Description

Other Exchanges 6FZ0:Germany
Address Mjolstadnesvegen 24, Fosnavag, NOR, 6092
Havila Kystruten AS purpose is to operate shipping, transport, and tourism activities, including development and investment in other companies, and other activities naturally related thereto. It operates four vessels on the classic coastal route between Bergen and Kirkenes, using some of the environmentally friendly ships along the Norwegian coast.
51GF Score

Get the complete analysis for OSL:HKY

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

kr59.00
Price
kr54.56
GF Value