Icelandair Group hf., together with its subsidiaries, operates in the airline industry in Iceland and internationally. The company operates through Passenger and Cargo Operations, and Other Group Entities segments. It offers air-freight and cargo services; and aircraft, crew, maintenance, insurance, and capacity solution for airlines and tour operators. The company also operates logistics business through cargo, aircraft leasing, and consulting services. In addition, it provides airport ground handling services; and acts as a tour operator. It operates in North America, Iceland, Europe, Scandinavia, and internationally. The company was founded in 1937 and is based in Reykjavik, Iceland.
P/B ratio for Icelandair Group hf. (ICEAIR.IC)
P/B ratio as of 2023: 1.40
According to Icelandair Group hf.'s latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 1.40. At the end of 2022 the company had a P/B ratio of 1.61.
P/B ratio history for Icelandair Group hf. from 2006 to 2023
P/B ratio at the end of each year
| Year | P/B ratio |
|---|---|
| 2023 | 1.40 |
| 2022 | 1.61 |
| 2021 | 1.96 |
| 2020 | 0.66 |
| 2019 | 0.68 |
| 2018 | 0.83 |
| 2017 | 1.20 |
| 2016 | 1.79 |
| 2015 | 2.98 |
| 2014 | 2.30 |
| 2013 | 2.28 |
| 2012 | 1.08 |
| 2011 | 1.30 |
| 2010 | 0.26 |
| 2009 | 0.25 |
| 2008 | 0.65 |
| 2007 | 1.11 |
| 2006 | 1.06 |