NorAm Drilling AS

NorAm Drilling ASverified

NORAM.OL

Price:

$32.5

Market Cap:

$139.00M

NorAm Drilling AS invests in, owns and operates advanced high-end AC driven rigs tailored for the drilling of horizontal wells in the United States. It owns and operates fleet of eleven rigs located in the Permian Basin. The company was founded in 2007 and is headquartered in Oslo, Norway. NorAm Drilling AS is a subsidiary of Geveran Trading Ltd.

Industry

Oil & Gas Equipment & Services

IPO Date

2022-10-07

Stock Exchange

OSL

Ticker

NORAM.OL

The PE Ratio as of December 2025 (TTM) for NorAm Drilling AS (NORAM.OL) is 11.05

According to NorAm Drilling AS’s latest financial reports and current stock price. The company's current PE Ratio is 11.05. This represents a change of -97.51% compared to the average of 443.42 of the last 4 quarters.

NorAm Drilling AS (NORAM.OL) Historical PE Ratio (quarterly & annually)

How has NORAM.OL PE Ratio performed in the past?

The mean historical PE Ratio of NorAm Drilling AS over the last ten years is 10.24. The current 11.05 PE Ratio has changed 10.69% with respect to the historical average. Over the past ten years (40 quarters), NORAM.OL's PE Ratio was at its highest in in the December 2024 quarter at 1.75K. The PE Ratio was at its lowest in in the June 2024 quarter at -143.68.

Quarterly (TTM)
Annual

Average

10.24

Median

1.61

Minimum

-49.91

Maximum

59.13

NorAm Drilling AS (NORAM.OL) PE Ratio by Quarter and Year

Discovering the peaks and valleys of NorAm Drilling AS PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 528.89%

Maximum Annual PE Ratio = 59.13

Minimum Annual Increase = -1036.06%

Minimum Annual PE Ratio = -49.91

Quarterly (TTM)
Annual
YearPE RatioChange
202459.13528.89%
20239.40-83.74%
202257.81-1036.06%
2021-6.18-29.93%
2020-8.81-82.34%

NorAm Drilling AS (NORAM.OL) Average PE Ratio

How has NORAM.OL PE Ratio performed in the past?

The current PE Ratio of NorAm Drilling AS (NORAM.OL) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

42.11

5-year avg

22.27

10-year avg

10.24

NorAm Drilling AS (NORAM.OL) PE Ratio vs. Peers

How is NORAM.OL’s PE Ratio compared to its peers?

NorAm Drilling AS’s PE Ratio is greater than Prosafe SE (-0.11), greater than ABL Group ASA (-60.53), less than Eidesvik Offshore ASA (11.81), greater than S.D. Standard ETC Plc (-15.05), greater than Questerre Energy Corporation (-14.14), greater than Petrolia SE (7.43), greater than Reach Subsea ASA (8.70), greater than Deep Value Driller AS (7.60), greater than Northern Ocean Ltd. (-2.24), greater than Electromagnetic Geoservices ASA (1.28),

Build a custom stock screener for NorAm Drilling AS (NORAM.OL) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like NorAm Drilling AS using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

NorAm Drilling AS (NORAM.OL) and other stocks custom spreadsheet templates

The easiest way to analyze a company like NorAm Drilling AS or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the PE Ratio?

How can you use the PE Ratio?

What is NorAm Drilling AS's PE Ratio?

How is the PE Ratio calculated for NorAm Drilling AS (NORAM.OL)?

What is the highest PE Ratio for NorAm Drilling AS (NORAM.OL)?

What is the 3-year average PE Ratio for NorAm Drilling AS (NORAM.OL)?

What is the 5-year average PE Ratio for NorAm Drilling AS (NORAM.OL)?

How does the current PE Ratio for NorAm Drilling AS (NORAM.OL) compare to its historical average?