Icelandair (ICEAIR.IC)

P/B ratio as of September 2024 : 1.21

According to Icelandair's latest financial reports the company has a price-to-book ratio of 1.21.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Icelandair - P/B ratio (from 2009 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	1.40	-5.78%
2022-12-31	1.49	-16.9%
2021-12-31	1.79	492.31%
2020-12-31	0.3021	-57.07%
2019-12-31	0.7038	-16.44%
2018-12-31	0.8422	-28.05%
2017-12-31	1.17	-34.79%
2016-12-31	1.80	-39.84%
2015-12-31	2.98	29.53%
2014-12-31	2.30	1.05%
2013-12-31	2.28	110.8%
2012-12-31	1.08	37.42%
2011-12-31	0.7869	-0.23%
2010-12-31	0.7887	217.88%
2009-12-31	0.2481

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Icelandair (ICEAIR.IC) - P/B ratio