Skagi hf (OISE:VIS) PB Ratio: 1.53 (As of Jun. 25, 2026) — Near Median


OISE:VIS Skagi hf OISE:VIS
70 GF Score
Price kr18.10
GF Value kr21.93
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Skagi hf PB Ratio?

Skagi hf OISE:VIS 70 PB Ratio is 1.53 as of Jun. 25, 2026, which is 4% below its 10-year median of 1.60. GuruFocus rates OISE:VIS with a GF Score™ of 70/100 and a GF Value™ of kr21.93 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 497 Insurance companies, Skagi hf ranks worse than 55.73% 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 (2026-06-25), Skagi hf's share price is kr18.10. Skagi hf's Book Value per Share for the quarter that ended in Mar. 2026 was kr11.82. Hence, Skagi hf's PB Ratio of today is 1.53.

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

OISE:VIS' s PB Ratio Range Over the Past 10 Years
Min: 1.05   Med: 1.6   Max: 2.07
Current: 1.53

During the past 13 years, Skagi hf's highest PB Ratio was 2.07. The lowest was 1.05. And the median was 1.60.

OISE:VIS's PB Ratio is ranked worse than
55.73% of 497 companies
in the Insurance industry
Industry Median: 1.38 vs OISE:VIS: 1.53

During the past 12 months, Skagi hf's average Book Value Per Share Growth Rate was 7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.20% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Skagi hf was 14.40% per year. The lowest was -3.60% per year. And the median was 4.55% per year.

Back to Basics: PB Ratio


Skagi hf  (OISE:VIS) 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.


Skagi hf PB Ratio Related Terms


Skagi hf PB Ratio Historical Data

* Premium members only.

The historical data trend for Skagi 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.

Skagi hf PB Ratio Chart

Skagi hf Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.67 1.54 1.84 1.58

Skagi hf Quarterly Data
Jun21 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 1.81 1.63 1.55 1.58 1.40

OISE:VIS vs BRK.A, AIG, HIG: PB Ratio Comparison

For the Insurance - Diversified subindustry, Skagi 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.


Skagi hf PB Ratio vs Insurance Industry

For the Insurance industry and Financial Services sector, Skagi hf's PB Ratio distribution charts can be found below:

* The bar in red indicates where Skagi hf's PB Ratio falls into.


OISE:VIS
70GF Score
Skagi hf OISE:VIS
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Skagi hf 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.

Skagi hf's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=18.10/11.817
=1.53

* 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 1.53 mean?
Skagi hf (OISE:VIS) has a PB Ratio of 1.53 as of Jun. 25, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Skagi hf and its competitors. This is near median its historical median of 1.60. Over the past decade, Skagi hf's PB Ratio has ranged from 1.05 to 2.07. According to the industry distribution chart, Skagi hf ranks #277 out of 497 companies in the Insurance industry, placing it in the top 55.7%.
Is Skagi hf's PB Ratio too high?
Skagi hf's current PB Ratio of 1.53 is near median its 10-year median of 1.60. Over the past 10 years, this metric has ranged from a low of 1.05 to a high of 2.07. The Insurance industry median PB Ratio is 1.38. Skagi hf's value of 1.53 is 10.9% above this industry median. Based on the distribution chart, Skagi hf ranks #277 out of 497 companies in the Insurance industry, which is below the industry midpoint. Overall, Skagi hf has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Skagi hf's PB Ratio compare to BRK.A and AIG?
According to the Insurance industry distribution chart, Skagi hf ranks #277 out of 497 companies for PB Ratio. This places Skagi hf in the lower half of its industry. The industry median PB Ratio is 1.38. Skagi hf's value of 1.53 is 10.9% above this benchmark. Historically, Skagi hf's own PB Ratio has ranged from 1.05 to 2.07 over the past decade. While the company's 10-year median is 1.60 vs. the industry median of 1.38, Skagi 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 an Insurance company?
The median PB Ratio among Insurance companies is 1.38, based on 497 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. Skagi hf's current PB Ratio of 1.53 is 10.9% 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 Skagi hf and its competitors. For the Insurance industry, the median PB Ratio is 1.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skagi hf's current PB Ratio is 1.53, which is near median its own 10-year median of 1.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skagi hf stock overvalued right now?
Based on GuruFocus' analysis, Skagi hf (OISE:VIS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr21.93, compared to a current price of kr18.10 — trading 17.5% below its estimated fair value. The current PB Ratio is 1.53, which is near median its 10-year median of 1.60 and 10.9% above the Insurance industry median of 1.38. Skagi hf's overall GF Score™ is 70/100 with 3 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 Skagi hf (OISE:VIS), the current PB Ratio is 1.53 as of Jun. 25, 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 Skagi hf (OISE:VIS) Overvalued in 2026?

Based on GuruFocus' analysis, Skagi hf stock appears to be undervalued. The current stock price of kr18.10 is trading 17.5% below its estimated GF Value™ of kr21.93. GuruFocus considers Skagi hf to be Modestly Undervalued.

Key valuation signals for OISE:VIS:

  • PB Ratio: 1.53 (near median its 10-year median of 1.60)
  • GF Value™: kr21.93 vs. price of kr18.10 (17.5% below fair value)
  • GF Score™: 70/100 with 3 warning signs
  • Industry Position: 10.9% above the Insurance median (#277 of 497)

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


Skagi hf Business Description

Address Armuli 3, Reykjavik, ISL, 108
Skagi hf is engaged in financial services sector. The Group operates through three operating segments: Insurance Operations, Insurance Investments, and Financial Services. Insurance Operations comprises the core insurance activities, including the underwriting of life, health, and general insurance products. Insurance Investments includes the management of assets backing insurance liabilities as well as proprietary investment activities. The Financial Services segment comprises activities such as asset management, loans to customers, and other noninsurance financial products. Key revenue is generated from Insurance operations.
70GF Score

Get the complete analysis for OISE:VIS

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

kr18.10
Price
kr21.93
GF Value