Norwegian Air Shuttle ASA

Norwegian Air Shuttle ASA - PE Ratioverified

NWARF

Price:

$1.61

Market Cap:

$16.67B

Norwegian Air Shuttle ASA, alongside its group of companies, offers both scheduled and charter air travel options, serving routes within Norway and internationally. By the end of 2021, the airline's operational fleet consisted of 70 aircraft. Beyond passenger transport, the firm is also involved in the financing, leasing, and ownership of aircraft, in addition to its cargo activities. Established in 1993, the company's main office is located in Fornebu, Norway.

Industry

Airlines, Airports & Air Services

IPO Date

2013-11-27

Stock Exchange

OTC

Ticker

NWARF

The PE Ratio as of June 2026 (TTM) for Norwegian Air Shuttle ASA (NWARF) is 5.19

According to Norwegian Air Shuttle ASA’s latest financial reports and current stock price. The company's current PE Ratio is 5.19. This represents a change of -107.11% compared to the average of -72.95 of the last 4 quarters.

Norwegian Air Shuttle ASA (NWARF) Historical PE Ratio (quarterly & annually)

How has NWARF PE Ratio performed in the past?

The mean historical PE Ratio of Norwegian Air Shuttle ASA over the last ten years is 2.87. The current 5.19 PE Ratio has changed 17.99% with respect to the historical average. Over the past ten years (40 quarters), NWARF's PE Ratio was at its highest in in the December 2021 quarter at 22.30. The PE Ratio was at its lowest in in the December 2025 quarter at -287.01.

Quarterly (TTM)
Annual

Average

2.87

Median

4.74

Minimum

-4.94

Maximum

9.04

Norwegian Air Shuttle ASA (NWARF) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Norwegian Air Shuttle ASA 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 = 146.94%

Maximum Annual PE Ratio = 9.04

Minimum Annual Increase = -7658.07%

Minimum Annual PE Ratio = -4.94

Quarterly (TTM)
Annual
YearPE RatioChange
20256.71-14.18%
20247.8220.82%
20236.47-12.76%
20227.42146.94%
20213.00-7658.07%
2020-0.04-98.67%
2019-2.99-39.48%
2018-4.9429.56%
2017-3.81-142.17%
20169.04-80.48%

Norwegian Air Shuttle ASA (NWARF) Average PE Ratio

How has NWARF PE Ratio performed in the past?

The current PE Ratio of Norwegian Air Shuttle ASA (NWARF) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

7.00

5-year avg

6.29

10-year avg

2.87

Norwegian Air Shuttle ASA (NWARF) PE Ratio vs. Peers

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

Norwegian Air Shuttle ASA’s PE Ratio is less than Wizz Air Holdings Plc (7.93), greater than Aegean Airlines S.A. (4.59), less than Wizz Air Holdings Plc (7.93), less than Cadeler A/S (6.16), less than Shanghai Industrial Holdings Limited (6.89), less than Lonking Holdings Limited (7.57), greater than Beijing Capital International Airport Company Limited (-10.20), less than Konica Minolta, Inc. (9.09), less than AF Gruppen ASA (17.95), less than GEK TERNA Holdings, Real Estate, Construction S.A. (38.96),

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