Havila Shipping ASAOSL:HAVI +0.90%50 PB Ratio is 1.06 as of Jul. 04, 2026, which is at its 10-year median of 1.06. GuruFocus rates OSL:HAVI with a GF Score™ of 50/100 and a GF Value™ of kr2.65 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 962 Transportation companies, Havila Shipping ASA ranks better than 58.42% on this metric.
The historical rank and industry rank for Havila Shipping ASA's PB Ratio or its related term are showing as below:
OSL:HAVI'
s PB Ratio Range Over the Past 10 Years
Min: 0.07 Med: 1.06 Max: 241.18
Current: 1.06
During the past 13 years, Havila Shipping ASA's highest PB Ratio was 241.18. The lowest was 0.07. And the median was 1.06.
OSL:HAVI's PB Ratio is ranked better than 58.42% of 962
companies
in the Transportation industry
Industry Median: 1.25
vs OSL:HAVI: 1.06
During the past 12 months, Havila Shipping ASA's average Book Value Per Share Growth Rate was -16.30% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Havila Shipping ASA was 58.00% per year. The lowest was -71.20% per year. And the median was 12.50% per year.
Back to Basics: PB Ratio
Havila Shipping ASA (OSL:HAVI) PB Ratio Explanation
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 Shipping ASA PB Ratio Related Terms
Havila Shipping ASA PB Ratio Historical Data
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The historical data trend for Havila Shipping ASA'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 Shipping ASA PB Ratio Competitor Comparison
For the Marine Shipping subindustry, Havila Shipping ASA'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 Shipping ASA PB Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Havila Shipping ASA's PB Ratio distribution charts can be found below:
* The bar in red indicates where Havila Shipping ASA'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.
* 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.
Havila Shipping ASA (OSL:HAVI) has a PB Ratio of 1.06 as of Jul. 04, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Havila Shipping ASA and its competitors. This is near median its historical median of 1.06. Over the past decade, Havila Shipping ASA's PB Ratio has ranged from 0.07 to 241.18. According to the industry distribution chart, Havila Shipping ASA ranks #400 out of 962 companies in the Transportation industry, placing it in the top 41.6%.
Is Havila Shipping ASA's PB Ratio too high?
Havila Shipping ASA's current PB Ratio of 1.06 is near median its 10-year median of 1.06. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 241.18. The Transportation industry median PB Ratio is 1.25. Havila Shipping ASA's value of 1.06 is 15.2% below this industry median. Based on the distribution chart, Havila Shipping ASA ranks #400 out of 962 companies in the Transportation industry, which is above the industry midpoint. Overall, Havila Shipping ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Havila Shipping ASA's PB Ratio compare to competitors?
According to the Transportation industry distribution chart, Havila Shipping ASA ranks #400 out of 962 companies for PB Ratio. This puts Havila Shipping ASA in the upper half of its industry. The industry median PB Ratio is 1.25. Havila Shipping ASA's value of 1.06 is 15.2% below this benchmark. Historically, Havila Shipping ASA's own PB Ratio has ranged from 0.07 to 241.18 over the past decade. While the company's 10-year median is 1.06 vs. the industry median of 1.25, Havila Shipping ASA 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 962 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. Havila Shipping ASA's current PB Ratio of 1.06 is 15.2% 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 Havila Shipping ASA 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. Havila Shipping ASA's current PB Ratio is 1.06, which is near median its own 10-year median of 1.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Havila Shipping ASA stock overvalued right now?
Based on GuruFocus' analysis, Havila Shipping ASA (OSL:HAVI) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.65, compared to a current price of kr1.12 — trading 57.9% below its estimated fair value. The current PB Ratio is 1.06, which is near median its 10-year median of 1.06 and 15.2% below the Transportation industry median of 1.25. Havila Shipping ASA's overall GF Score™ is 50/100 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 Havila Shipping ASA (OSL:HAVI), the current PB Ratio is 1.06 as of Jul. 04, 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 Havila Shipping ASA (OSL:HAVI) Overvalued in 2026?
Based on GuruFocus' analysis, Havila Shipping ASA stock appears to be undervalued.
The current stock price of kr1.12 is trading 57.9% below its estimated GF Value™ of kr2.65.
GuruFocus considers Havila Shipping ASA to be Possible Value Trap.
Key valuation signals for OSL:HAVI:
PB Ratio: 1.06 (near median its 10-year median of 1.06)
GF Value™: kr2.65 vs. price of kr1.12 (57.9% below fair value)
Industry Position: 15.2% below the Transportation median (#400 of 962)
No single metric tells the full story. See the OSL:HAVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Havila Shipping ASA is a supplier of quality assured supply services to the offshore industry, nationally as well as internationally. Its segment includes Platform Supply Vessel, Rescue recovery Vessel, Subsea operations vessels, and Non-allocated. The group generates revenue mainly from customers located in Norway, the UK, Denmark, Belgium, Iceland, and the Netherlands. The group generates the majority of its revenue from the Platform Supply Vessel segment.
50GF Score
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