Icelandair Group hf Stock

Icelandair Group hf P/S 2024

Icelandair Group hf P/S

0.31

Ticker

ICEAIR.IC

ISIN

IS0000013464

As of Jul 22, 2024, Icelandair Group hf's P/S ratio stood at 0.31, a -11.43% change from the 0.35 P/S ratio recorded in the previous year.

The Icelandair Group hf P/S history

Icelandair Group hf Aktienanalyse

What does Icelandair Group hf do?

The Icelandair Group hf is a company based in Iceland that offers airline services and other related services. It was founded in 1937 and is headquartered in Reykjavik. Currently, the Icelandair Group hf employs over 4,500 employees worldwide. The company's history can be traced back to 1937 when it started offering flights to transport fishery products. Over the years, the company expanded and began offering passenger flights. In the 1990s, Icelandair further expanded and established subsidiaries such as Icelandair Cargo and Icelandair Holidays. In 2002, Icelandair merged with Flugfelagið to form the Icelandair Group hf. The company's business model is based on offering transportation and tourism services. Icelandair operates as a full-service carrier, providing various services to its customers, including meals, entertainment programs, and onboard Wi-Fi. In addition to its airline services, the Icelandair Group hf also operates other aviation-related services. Its subsidiary, Icelandair Cargo, offers air cargo transportation services, while ISAVIA, a joint venture with the Icelandic government, provides airport services. Icelandair Hotels, another subsidiary, operates hotels and accommodations in Iceland. The Icelandair Group hf is divided into various business areas, including Aviation Services, Hubs & Gateway Services, Hotels & Rentals, and E-Commerce & IT Services. Aviation Services is the company's main business area, encompassing its airline operations. Hubs & Gateway Services provide logistics and airport operation services such as ground handling and fueling. Icelandair Hotels operate a group of hotels and accommodations in Iceland, catering to tourists with lodging and other services. E-Commerce & IT Services offer technology-related services, such as e-commerce, online reservation systems, and IT infrastructure management. In summary, the Icelandair Group hf is a versatile company with its roots in Icelandic fisheries. Since its founding, the company has expanded its service offerings and now operates an airline as well as other business areas such as ground handling, hotel operations, and e-commerce services. Icelandair is a significant player in the Icelandic market and has the potential to continue growing and diversifying in the future. Icelandair Group hf ist eines der beliebtesten Unternehmen auf Eulerpool.com.

P/S Details

Decoding Icelandair Group hf's P/S Ratio

Icelandair Group hf's Price to Sales (P/S) Ratio is a crucial financial metric that measures the company's market valuation relative to its total sales revenue. It's calculated by dividing the company's market capitalization by its total sales over a specific period. A lower P/S ratio can indicate that the company is undervalued, while a higher ratio may suggest overvaluation.

Year-to-Year Comparison

Comparing Icelandair Group hf's P/S ratio yearly provides insights into how the market perceives the company’s value relative to its sales. An increasing ratio over time can indicate growing investor confidence, while a decreasing trend might reflect concerns about the company’s revenue generation capabilities or market conditions.

Impact on Investments

The P/S ratio is instrumental for investors evaluating Icelandair Group hf's stock. It offers insights into the company’s efficiency in generating sales and its market valuation. Investors use this ratio to compare similar companies within the same industry, aiding in selecting stocks that offer the best value for investment.

Interpreting P/S Ratio Fluctuations

Variations in Icelandair Group hf’s P/S ratio can result from changes in the stock price, sales revenue, or both. Understanding these fluctuations is crucial for investors to evaluate the company’s current valuation and future growth potential, aligning their investment strategies accordingly.

Frequently Asked Questions about Icelandair Group hf stock

What is the price-to-earnings ratio of Icelandair Group hf?

The price-earnings ratio of Icelandair Group hf is currently 0.31.

How has the price-earnings ratio of Icelandair Group hf changed compared to last year?

The price-to-earnings ratio of Icelandair Group hf has increased by -11.43% fallen (meaning "decreased" or "dropped") compared to last year.

What consequences does a high price-earnings ratio have for investors?

A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.

What does a low price-earnings ratio mean?

A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.

Is the price-earnings ratio of Icelandair Group hf high compared to other companies?

Yes, the price-to-earnings ratio of Icelandair Group hf is high compared to other companies.

How does an increase in the price-earnings ratio of Icelandair Group hf affect the company?

An increase in the price-earnings ratio of Icelandair Group hf would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.

How does a reduction in the price-to-earnings ratio of Icelandair Group hf affect the company?

A decrease in the price-earnings ratio of Icelandair Group hf would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.

What are some factors that influence the price-earnings ratio of Icelandair Group hf?

Some factors that influence the price-earnings ratio of Icelandair Group hf are the company's growth, financial position, industry development, and the overall economic situation.

How much dividend does Icelandair Group hf pay?

Over the past 12 months, Icelandair Group hf paid a dividend of 0.15 USD . This corresponds to a dividend yield of about 2,333.95 %. For the coming 12 months, Icelandair Group hf is expected to pay a dividend of 0 USD.

What is the dividend yield of Icelandair Group hf?

The current dividend yield of Icelandair Group hf is 2,333.95 %.

When does Icelandair Group hf pay dividends?

Icelandair Group hf pays a quarterly dividend. This is distributed in the months of April, April, April, April.

How secure is the dividend of Icelandair Group hf?

Icelandair Group hf paid dividends every year for the past 0 years.

What is the dividend of Icelandair Group hf?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Icelandair Group hf located?

Icelandair Group hf is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Icelandair Group hf kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Icelandair Group hf from 4/9/2018 amounting to 0.15 USD, you needed to have the stock in your portfolio before the ex-date on 3/9/2018.

When did Icelandair Group hf pay the last dividend?

The last dividend was paid out on 4/9/2018.

What was the dividend of Icelandair Group hf in the year 2023?

In the year 2023, Icelandair Group hf distributed 0 USD as dividends.

In which currency does Icelandair Group hf pay out the dividend?

The dividends of Icelandair Group hf are distributed in USD.

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Andere Kennzahlen von Icelandair Group hf

Our stock analysis for Icelandair Group hf Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Icelandair Group hf Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.