Finnair OyjFNNNF +17.32%67 PB Ratio is 1.10 as of Jun. 26, 2026, which is 7% above its 10-year median of 1.03. GuruFocus rates FNNNF with a GF Score™ of 67/100 and a GF Value™ of $3.30 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 970 Transportation companies, Finnair Oyj ranks better than 51.24% 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 (2026-06-26), Finnair Oyj's share price is $5.725. Finnair Oyj's Book Value per Share for the quarter that ended in Mar. 2026 was $5.23. Hence, Finnair Oyj's PB Ratio of today is 1.10.
Warning Sign:
Finnair Oyj stock PB Ratio (=1.11) is close to 1-year high of 1.22.
The historical rank and industry rank for Finnair Oyj's PB Ratio or its related term are showing as below:
FNNNF'
s PB Ratio Range Over the Past 10 Years
Min: 0.27 Med: 1.03 Max: 2.5
Current: 1.11
During the past 13 years, Finnair Oyj's highest PB Ratio was 2.50. The lowest was 0.27. And the median was 1.03.
FNNNF's PB Ratio is ranked better than 51.24% of 970
companies
in the Transportation industry
Industry Median: 1.25
vs FNNNF: 1.11
During the past 12 months, Finnair Oyj's average Book Value Per Share Growth Rate was 69.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -14.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -21.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -21.80% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Finnair Oyj was 23.20% per year. The lowest was -40.60% per year. And the median was -3.10% per year.
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.
Finnair Oyj PB Ratio Related Terms
Finnair Oyj PB Ratio Historical Data
* Premium members only.
The historical data trend for Finnair Oyj'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.
For the Airlines subindustry, Finnair Oyj'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.
Finnair Oyj PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Finnair Oyj's PB Ratio distribution charts can be found below:
* The bar in red indicates where Finnair Oyj's PB Ratio falls into.
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.
Finnair Oyj's PB Ratio for today is calculated as follows:
* 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.
Finnair Oyj (FNNNF) has a PB Ratio of 1.10 as of Jun. 26, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Finnair Oyj and its competitors. This is near median its historical median of 1.03. Over the past decade, Finnair Oyj's PB Ratio has ranged from 0.27 to 2.50. According to the industry distribution chart, Finnair Oyj ranks #473 out of 970 companies in the Transportation industry, placing it in the top 48.8%.
Is Finnair Oyj's PB Ratio too high?
Finnair Oyj's current PB Ratio of 1.10 is near median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 2.50. The Transportation industry median PB Ratio is 1.25. Finnair Oyj's value of 1.10 is 12% below this industry median. Based on the distribution chart, Finnair Oyj ranks #473 out of 970 companies in the Transportation industry, which is above the industry midpoint. Overall, Finnair Oyj has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's PB Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Finnair Oyj ranks #473 out of 970 companies for PB Ratio. This puts Finnair Oyj in the upper half of its industry. The industry median PB Ratio is 1.25. Finnair Oyj's value of 1.10 is 12% below this benchmark. Historically, Finnair Oyj's own PB Ratio has ranged from 0.27 to 2.50 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 1.25, Finnair Oyj 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 970 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. Finnair Oyj's current PB Ratio of 1.10 is 12% 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 Finnair Oyj 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. Finnair Oyj's current PB Ratio is 1.10, which is near median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Based on GuruFocus' analysis, Finnair Oyj (FNNNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.30, compared to a current price of $5.73 — trading 73.5% above its estimated fair value. The current PB Ratio is 1.10, which is near median its 10-year median of 1.03 and 12% below the Transportation industry median of 1.25. Finnair Oyj's overall GF Score™ is 67/100 with 7 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 Finnair Oyj (FNNNF), the current PB Ratio is 1.10 as of Jun. 26, 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 Finnair Oyj (FNNNF) Overvalued in 2026?
Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued.
The current stock price of $5.73 is trading 73.5% above its estimated GF Value™ of $3.30.
GuruFocus considers Finnair Oyj to be Significantly Overvalued.
Key valuation signals for FNNNF:
PB Ratio: 1.10 (near median its 10-year median of 1.03)
GF Value™: $3.30 vs. price of $5.73 (73.5% above fair value)
Industry Position: 12% below the Transportation median (#473 of 970)
No single metric tells the full story. See the FNNNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
67GF Score
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