Northern Ocean Ltd.

Northern Ocean Ltd.verified

NTNOF

Price:

$0.6

Market Cap:

$181.93M

Northern Ocean Ltd., a drilling contractor, provides offshore contract drilling services for the oil and gas industry worldwide. The company was incorporated in 2017 and is based in Hamilton, Bermuda.

Industry

Oil & Gas Drilling

IPO Date

2023-04-24

Stock Exchange

OTC

Ticker

NTNOF

The PE Ratio as of December 2025 (TTM) for Northern Ocean Ltd. (NTNOF) is -3.75

According to Northern Ocean Ltd.’s latest financial reports and current stock price. The company's current PE Ratio is -3.75. This represents a change of 23.96% compared to the average of -3.03 of the last 4 quarters.

Northern Ocean Ltd. (NTNOF) Historical PE Ratio (quarterly & annually)

How has NTNOF PE Ratio performed in the past?

The mean historical PE Ratio of Northern Ocean Ltd. over the last ten years is -4.43. The current -3.75 PE Ratio has changed 8.37% with respect to the historical average. Over the past ten years (40 quarters), NTNOF's PE Ratio was at its highest in in the December 2021 quarter at 0.43. The PE Ratio was at its lowest in in the September 2019 quarter at -59.81.

Quarterly (TTM)
Annual

Average

-4.43

Median

-2.83

Minimum

-10.34

Maximum

-1.37

Northern Ocean Ltd. (NTNOF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Northern Ocean Ltd. 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 = 125.76%

Maximum Annual PE Ratio = -1.37

Minimum Annual Increase = -78.52%

Minimum Annual PE Ratio = -10.34

Quarterly (TTM)
Annual
YearPE RatioChange
2024-2.840.19%
2023-2.83107.03%
2022-1.37-78.52%
2021-6.37125.76%
2020-2.82-72.74%

Northern Ocean Ltd. (NTNOF) Average PE Ratio

How has NTNOF PE Ratio performed in the past?

The current PE Ratio of Northern Ocean Ltd. (NTNOF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-2.35

5-year avg

-3.24

10-year avg

-4.43

Northern Ocean Ltd. (NTNOF) PE Ratio vs. Peers

How is NTNOF’s PE Ratio compared to its peers?

Northern Ocean Ltd.’s PE Ratio is greater than Archer Limited (-4.06), less than Vantage Drilling International (16.03), less than Tullow Oil plc (-0.60), greater than Orrön Energy AB (publ) (-4.81), less than Calfrac Well Services Ltd. (29.93), less than Pardee Resources Company (9.49), greater than Pine Cliff Energy Ltd. (-14.19), less than Capricorn Energy PLC (75.56), less than Cavvy Energy Ltd. (-3.20), greater than NG Energy International Corp. (-6.77),

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