Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hagar hfOISE:HAGA -0.41%82 PB Ratio is 3.11 as of Aug. 29, 2026, which is 9% above its 10-year median of 2.85. GuruFocus rates OISE:HAGA with a GF Score™ of 82/100 and a GF Value™ of kr88.70 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 303 Retail - Defensive companies, Hagar hf ranks worse than 72.28% 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 (2026-08-29), Hagar hf's share price is kr122.50. Hagar hf's Book Value per Share for the quarter that ended in Feb. 2026 was kr39.33. Hence, Hagar hf's PB Ratio of today is 3.11.
The historical rank and industry rank for Hagar hf's PB Ratio or its related term are showing as below:
OISE:HAGA'
s PB Ratio Range Over the Past 10 Years
Min: 1.89 Med: 2.85 Max: 4
Current: 3.12
During the past 13 years, Hagar hf's highest PB Ratio was 4.00. The lowest was 1.89. And the median was 2.85.
OISE:HAGA's PB Ratio is ranked worse than 72.28% of 303
companies
in the Retail - Defensive industry
Industry Median: 1.69
vs OISE:HAGA: 3.12
During the past 12 months, Hagar hf's average Book Value Per Share Growth Rate was 12.10% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 18.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 10.00% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hagar hf was 51.30% per year. The lowest was 4.30% per year. And the median was 13.10% 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.
Hagar hf PB Ratio Related Terms
Hagar hf PB Ratio Historical Data
* Premium members only.
The historical data trend for Hagar hf'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 Grocery Stores subindustry, Hagar hf'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.
Hagar hf PB Ratio vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Hagar hf's PB Ratio distribution charts can be found below:
* The bar in red indicates where Hagar hf'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.
Hagar hf'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.
Hagar hf (OISE:HAGA) has a PB Ratio of 3.11 as of Aug. 29, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Hagar hf and its competitors. This is near median its historical median of 2.85. Over the past decade, Hagar hf's PB Ratio has ranged from 1.89 to 4.00. According to the industry distribution chart, Hagar hf ranks #219 out of 303 companies in the Retail - Defensive industry, placing it in the top 72.3%.
Is Hagar hf's PB Ratio too high?
Hagar hf's current PB Ratio of 3.11 is near median its 10-year median of 2.85. Over the past 10 years, this metric has ranged from a low of 1.89 to a high of 4.00. The Retail - Defensive industry median PB Ratio is 1.69. Hagar hf's value of 3.11 is 84% above this industry median. Based on the distribution chart, Hagar hf ranks #219 out of 303 companies in the Retail - Defensive industry, which is below the industry midpoint. Overall, Hagar hf has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hagar hf's PB Ratio compare to KR and SFM?
According to the Retail - Defensive industry distribution chart, Hagar hf ranks #219 out of 303 companies for PB Ratio. This places Hagar hf in the lower half of its industry. The industry median PB Ratio is 1.69. Hagar hf's value of 3.11 is 84% above this benchmark. Historically, Hagar hf's own PB Ratio has ranged from 1.89 to 4.00 over the past decade. While the company's 10-year median is 2.85 vs. the industry median of 1.69, Hagar hf has consistently been above 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 Retail - Defensive company?
The median PB Ratio among Retail - Defensive companies is 1.69, based on 303 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. Hagar hf's current PB Ratio of 3.11 is 84% above 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 Hagar hf and its competitors. For the Retail - Defensive industry, the median PB Ratio is 1.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hagar hf's current PB Ratio is 3.11, which is near median its own 10-year median of 2.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hagar hf stock overvalued right now?
Based on GuruFocus' analysis, Hagar hf (OISE:HAGA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr88.70, compared to a current price of kr122.50 — trading 38.1% above its estimated fair value. The current PB Ratio is 3.11, which is near median its 10-year median of 2.85 and 84% above the Retail - Defensive industry median of 1.69. Hagar hf's overall GF Score™ is 82/100 with 6 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 Hagar hf (OISE:HAGA), the current PB Ratio is 3.11 as of Aug. 29, 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 Hagar hf (OISE:HAGA) Overvalued in 2026?
Based on GuruFocus' analysis, Hagar hf stock appears to be overvalued.
The current stock price of kr122.50 is trading 38.1% above its estimated GF Value™ of kr88.70.
GuruFocus considers Hagar hf to be Significantly Overvalued.
Key valuation signals for OISE:HAGA:
PB Ratio: 3.11 (near median its 10-year median of 2.85)
GF Value™: kr88.70 vs. price of kr122.50 (38.1% above fair value)
Industry Position: 84% above the Retail - Defensive median (#219 of 303)
No single metric tells the full story. See the OISE:HAGA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hagar hf is a retail company with operations in Iceland, the Faroe Islands, and the Netherlands, mainly in the grocery and fuel markets. It operates grocery stores, Olis service stations, OB stations, warehouses, one production facility, one online store with packaged food, one supply store, and one specialty store. The group's core business in Iceland is in the grocery and related warehouse sectors, as well as fuel sales. In the Faroe Islands, it operates the SMS retail company, which operates, among other things, various grocery stores, restaurants, and specialty stores. In the Netherlands, Hagar operates one online store with alcohol. The group's operating segments are stores and warehouses in Iceland, which generate maximum revenue, stores and warehouses in the Faroe Islands, and Olis.
82GF Score
Get the complete analysis for OISE:HAGA
PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OISE:HAGA has been successfully added to your 
