Islandsbanki hfOISE:ISB -0.57%73 PE Ratio without NRI is 9.34 as of Jul. 01, 2026, which is 4% below its 10-year median of 9.76. GuruFocus rates OISE:ISB with a GF Score™ of 73/100 and a GF Value™ of kr145.38 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,448 Banks companies, Islandsbanki hf ranks better than 67.47% on this metric.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. As of today (2026-07-01), Islandsbanki hf's share price is kr140.60.
Islandsbanki hf's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 was kr15.06. Therefore, Islandsbanki hf's PE Ratio without NRI for today is 9.34.
During the past 9 years, Islandsbanki hf's highest PE Ratio without NRI was 17.03. The lowest was 8.18. And the median was 9.76.
During the past years, Islandsbanki hf's highestPE Ratio (TTM) was 16.73. The lowest was 7.90. And the median was 9.50.
Islandsbanki hf's
EPS (Diluted) for the
three
months ended in Mar. 2026 was kr4.25.
Its EPS (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was kr15.11.
Islandsbanki hf's EPS (Basic) for the
three
months ended in Mar. 2026 was kr4.26.
Its EPS (Basic) for the trailing twelve months (TTM) ended in Mar. 2026 was kr15.12.
Islandsbanki hf (OISE:ISB) PE Ratio without NRI Explanation
The PE Ratio can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.
In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio is positive. Also for stocks with the same PE Ratio, the one with faster growth business is more attractive.
If a company loses money, the PE Ratio becomes meaningless.
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio divided by the growth ratio. He thinks a company with a PE Ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio of 20, instead of a company growing 10% a year with a PE Ratio of 10.
Because the PE Ratio measures how long it takes to earn back the price you pay, the PE Ratio can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.
Investors need to be aware that the PE Ratio can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio.
Islandsbanki hf PE Ratio without NRI Related Terms
Islandsbanki hf PE Ratio without NRI Historical Data
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The historical data trend for Islandsbanki hf's PE Ratio without NRI 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.
OISE:ISB vs PNC, USB: PE Ratio without NRI Comparison
For the Banks - Regional subindustry, Islandsbanki hf's PE Ratio without NRI, along with its competitors' market caps and PE Ratio without NRI 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.
Islandsbanki hf PE Ratio without NRI vs Banks Industry
For the Banks industry and Financial Services sector, Islandsbanki hf's PE Ratio without NRI distribution charts can be found below:
* The bar in red indicates where Islandsbanki hf's PE Ratio without NRI falls into.
The PE Ratio without NRI, or P/E Ratio without non-recurring items, is a financial ratio used to compare a company's market price to its EPS without NRI. Regular PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than regular PE Ratio.
Islandsbanki hf's PE Ratio without NRI for today is calculated as
Islandsbanki hf's Share Price of today is kr140.60.
Islandsbanki hf's EPS without NRI for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was kr15.06.
* 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.
There are at least three kinds of PE Ratios used by different investors. They are Trailing Twelve Month PE Ratio, Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio based on inflation-adjusted normalized PE Ratio is called Shiller PE Ratio, after Yale professor Robert Shiller.
In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.
In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months.
For Forward PE Ratio, the earnings are the expected earnings for the next twelve months.
For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.
Islandsbanki hf (OISE:ISB) has a PE Ratio without NRI of 9.34 as of Jul. 01, 2026. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Islandsbanki hf and its competitors. This is near median its historical median of 9.76. Over the past decade, Islandsbanki hf's PE Ratio without NRI has ranged from 8.18 to 17.03. According to the industry distribution chart, Islandsbanki hf ranks #471 out of 1448 companies in the Banks industry, placing it in the top 32.5%.
Is Islandsbanki hf's PE Ratio without NRI too high?
Islandsbanki hf's current PE Ratio without NRI of 9.34 is near median its 10-year median of 9.76. Over the past 10 years, this metric has ranged from a low of 8.18 to a high of 17.03. The Banks industry median PE Ratio without NRI is 11.44. Islandsbanki hf's value of 9.34 is 18.4% below this industry median. Based on the distribution chart, Islandsbanki hf ranks #471 out of 1448 companies in the Banks industry, which is above the industry midpoint. Overall, Islandsbanki hf has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Islandsbanki hf's PE Ratio without NRI compare to PNC and USB?
According to the Banks industry distribution chart, Islandsbanki hf ranks #471 out of 1448 companies for PE Ratio without NRI. This puts Islandsbanki hf in the upper half of its industry. The industry median PE Ratio without NRI is 11.44. Islandsbanki hf's value of 9.34 is 18.4% below this benchmark. Historically, Islandsbanki hf's own PE Ratio without NRI has ranged from 8.18 to 17.03 over the past decade. While the company's 10-year median is 9.76 vs. the industry median of 11.44, Islandsbanki hf 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 PE Ratio without NRI for a Banks company?
The median PE Ratio without NRI among Banks companies is 11.44, based on 1,448 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio without NRI significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio without NRI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Islandsbanki hf's current PE Ratio without NRI of 9.34 is 18.4% 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 PE Ratio without NRI mean?
A high PE Ratio without NRI can signal that a stock is expensive relative to its fundamentals. P/E without nonrecurring items is the ratio of share price to a company's earnings less one-time charges. View historical data on Islandsbanki hf and its competitors. For the Banks industry, the median PE Ratio without NRI is 11.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Islandsbanki hf's current PE Ratio without NRI is 9.34, which is near median its own 10-year median of 9.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Islandsbanki hf stock overvalued right now?
Based on GuruFocus' analysis, Islandsbanki hf (OISE:ISB) is currently considered Fairly Valued. The stock's GF Value™ is kr145.38, compared to a current price of kr140.60 — trading 3.3% below its estimated fair value. The current PE Ratio without NRI is 9.34, which is near median its 10-year median of 9.76 and 18.4% below the Banks industry median of 11.44. Islandsbanki hf's overall GF Score™ is 73/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio without NRI calculated?
PE Ratio without NRI is calculated from a company's financial statements. For Islandsbanki hf (OISE:ISB), the current PE Ratio without NRI is 9.34 as of Jul. 01, 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 Islandsbanki hf (OISE:ISB) Overvalued in 2026?
Based on GuruFocus' analysis, Islandsbanki hf stock appears to be undervalued.
The current stock price of kr140.60 is trading 3.3% below its estimated GF Value™ of kr145.38.
GuruFocus considers Islandsbanki hf to be Fairly Valued.
Key valuation signals for OISE:ISB:
PE Ratio without NRI: 9.34 (near median its 10-year median of 9.76)
GF Value™: kr145.38 vs. price of kr140.60 (3.3% below fair value)
Industry Position: 18.4% below the Banks median (#471 of 1448)
No single metric tells the full story. See the OISE:ISB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Islandsbanki hf is a customer-centric universal bank. The company's segments include Personal Banking; Business Banking; Corporate and Investment Banking; Treasury and Proprietary Trading and Cost centres. It generates maximum revenue from the Business Banking segment. Business Banking provides small and medium-sized enterprises (SMEs) with comprehensive financial services, including Ergo, the Bank's asset financing service.
73GF Score
Get the complete analysis for OISE:ISB
PE Ratio without NRI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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