NORVA.ST
Price:
$36
Market Cap:
$7.16B
Norva24 Group AB (Publ) provides underground infrastructure maintenance services in Northern Europe. The company offers emptying services, such as emptying and inspection of fat/oil separators, underground tanks, and sand traps, as well as sludge drainage; pipe services comprising pressure testing of pipes and pipe inspection, pipe relining and point repair, leak detection, and pipe cleaning of clogged water and waste pipes; and pressure washing services. As of September 30, 2021, it operated 66 branches across Norway, Germany, Sweden, and Denmark. The company was founded in 1919 and is headquartered in Stryn, Norway.
Industry
Waste Management
IPO Date
2021-12-09
Stock Exchange
STO
Ticker
NORVA.ST
According to Norva24 Group AB (Publ)’s latest financial reports and current stock price. The company's current PE Ratio is 39.56. This represents a change of 20.91% compared to the average of 32.72 of the last 4 quarters.
The mean historical PE Ratio of Norva24 Group AB (Publ) over the last ten years is 5.17. The current 39.56 PE Ratio has changed 76.41% with respect to the historical average. Over the past ten years (40 quarters), NORVA.ST's PE Ratio was at its highest in in the December 2022 quarter at 113.46. The PE Ratio was at its lowest in in the March 2021 quarter at -20.77.
Average
5.17
Median
22.06
Minimum
-180.00
Maximum
92.23
Discovering the peaks and valleys of Norva24 Group AB (Publ) 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 = 68.59%
Maximum Annual PE Ratio = 92.23
Minimum Annual Increase = -4112.55%
Minimum Annual PE Ratio = -180.00
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 27.97 | 44.96% |
| 2023 | 19.29 | -53.91% |
| 2022 | 41.85 | 68.59% |
| 2021 | 24.83 | 41.86% |
| 2020 | 17.50 | -81.02% |
| 2019 | 92.23 | -4112.55% |
| 2018 | -2.30 | -98.72% |
The current PE Ratio of Norva24 Group AB (Publ) (NORVA.ST) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
29.70
5-year avg
26.29
10-year avg
5.17
Norva24 Group AB (Publ)’s PE Ratio is greater than Concentric AB (publ) (20.91), greater than Nordic Waterproofing Holding AB (publ) (22.36), greater than Kollect on Demand Holding AB (publ) (-1.97), greater than Modern Ekonomi Sverige Holding AB (publ) (-1062.88), less than Projektengagemang Sweden AB (publ) (48.46), greater than Jetpak Top Holding AB (publ) (30.45), greater than Christian Berner Tech Trade AB (publ) (28.40), greater than HAKI Safety AB (publ) (14.94), greater than Serneke Group AB (publ) (-3.43), greater than Job Solution Sweden Holding AB (publ) (15.41),
| Company | PE Ratio | Market cap |
|---|---|---|
| 20.91 | $8.54B | |
| 22.36 | $4.38B | |
| -1.97 | $132.46M | |
| -1062.88 | $147.74M | |
| 48.46 | $370.47M | |
| 30.45 | $1.26B | |
| 28.40 | $637.23M | |
| 14.94 | $577.45M | |
| -3.43 | $801.79M | |
| 15.41 | $150.55M |
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