Narrative Update • Jun 09

Over the last 7 days, the Financials industry has remained flat. As for the the longer term, the industry is up 5.1% over the past 12 months. Looking forward, earnings are forecast to grow by 5.5% annually.
Has the Norwegian Financials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | NOK 895.7b | NOK 295.7b | NOK 75.6b | 12x | 11.8x | 3x |
| Fri, 08 May 2026 | NOK 899.1b | NOK 296.1b | NOK 76.3b | 12x | 11.8x | 3x |
| Sun, 05 Apr 2026 | NOK 938.5b | NOK 281.5b | NOK 77.8b | 11.7x | 12.1x | 3.3x |
| Tue, 03 Mar 2026 | NOK 955.4b | NOK 281.6b | NOK 78.2b | 11.6x | 12.2x | 3.4x |
| Thu, 29 Jan 2026 | NOK 900.8b | NOK 270.2b | NOK 76.1b | 11.6x | 11.8x | 3.3x |
| Sat, 27 Dec 2025 | NOK 928.7b | NOK 270.9b | NOK 76.3b | 11.8x | 12.2x | 3.4x |
| Mon, 24 Nov 2025 | NOK 846.6b | NOK 270.9b | NOK 76.8b | 10.4x | 11x | 3.1x |
| Wed, 22 Oct 2025 | NOK 859.8b | NOK 261.6b | NOK 77.7b | 10.9x | 11.1x | 3.3x |
| Fri, 19 Sep 2025 | NOK 853.1b | NOK 261.5b | NOK 77.7b | 10.8x | 11x | 3.3x |
| Sun, 17 Aug 2025 | NOK 867.2b | NOK 261.1b | NOK 77.5b | 11.2x | 11.2x | 3.3x |
| Tue, 15 Jul 2025 | NOK 859.0b | NOK 261.9b | NOK 76.4b | 11.5x | 11.2x | 3.3x |
| Thu, 12 Jun 2025 | NOK 846.7b | NOK 241.8b | NOK 76.1b | 11.4x | 11.1x | 3.5x |
| Sat, 10 May 2025 | NOK 809.2b | NOK 241.8b | NOK 76.1b | 11.2x | 10.6x | 3.3x |
| Mon, 07 Apr 2025 | NOK 756.9b | NOK 287.6b | NOK 74.7b | 10.6x | 10.1x | 2.6x |
| Wed, 05 Mar 2025 | NOK 776.0b | NOK 227.0b | NOK 78.4b | 9.6x | 9.9x | 3.4x |
| Fri, 31 Jan 2025 | NOK 749.2b | NOK 293.2b | NOK 73.4b | 10.9x | 10.2x | 2.6x |
| Sun, 29 Dec 2024 | NOK 687.8b | NOK 296.3b | NOK 74.1b | 10.1x | 9.3x | 2.3x |
| Tue, 26 Nov 2024 | NOK 688.4b | NOK 295.9b | NOK 74.4b | 9.3x | 9.2x | 2.3x |
| Thu, 24 Oct 2024 | NOK 689.5b | NOK 306.1b | NOK 71.5b | 9.7x | 9.6x | 2.3x |
| Sat, 21 Sep 2024 | NOK 650.4b | NOK 277.1b | NOK 69.0b | 9.3x | 9.4x | 2.3x |
| Mon, 19 Aug 2024 | NOK 652.2b | NOK 277.2b | NOK 69.4b | 8.8x | 9.4x | 2.4x |
| Wed, 17 Jul 2024 | NOK 640.7b | NOK 275.2b | NOK 68.5b | 9.1x | 9.4x | 2.3x |
| Fri, 14 Jun 2024 | NOK 632.2b | NOK 271.4b | NOK 65.3b | 8.9x | 9.7x | 2.3x |
| Sun, 12 May 2024 | NOK 635.6b | NOK 270.5b | NOK 64.9b | 9.4x | 9.8x | 2.3x |
| Tue, 09 Apr 2024 | NOK 630.2b | NOK 249.2b | NOK 65.2b | 9.3x | 9.7x | 2.5x |
| Thu, 07 Mar 2024 | NOK 622.6b | NOK 264.3b | NOK 65.8b | 8.8x | 9.5x | 2.4x |
| Sat, 03 Feb 2024 | NOK 618.6b | NOK 299.6b | NOK 65.5b | 9.5x | 9.4x | 2.1x |
| Mon, 01 Jan 2024 | NOK 633.3b | NOK 296.9b | NOK 64.9b | 9.4x | 9.8x | 2.1x |
| Wed, 29 Nov 2023 | NOK 606.5b | NOK 297.0b | NOK 64.9b | 8.9x | 9.3x | 2x |
| Fri, 27 Oct 2023 | NOK 588.5b | NOK 292.6b | NOK 64.5b | 9.6x | 9.1x | 2x |
| Sun, 24 Sep 2023 | NOK 618.4b | NOK 287.0b | NOK 62.2b | 9.7x | 9.9x | 2.2x |
| Tue, 22 Aug 2023 | NOK 601.5b | NOK 286.2b | NOK 62.5b | 9.1x | 9.6x | 2.1x |
| Thu, 20 Jul 2023 | NOK 589.5b | NOK 284.0b | NOK 61.0b | 9.7x | 9.7x | 2.1x |
| Sat, 17 Jun 2023 | NOK 585.1b | NOK 220.4b | NOK 58.5b | 9.9x | 10x | 2.7x |
10x
Which industries have driven the changes within the Norwegian Financials sector?
| NO Market | -1.00% | |
| Financials | 0.87% | |
| Insurance | 1.98% | |
| Diversified Financial | 0.63% | |
| Banks | 0.50% | |
| Capital Markets | 0.34% | |
| Mortgage Finance | 0% | 0 |
| Consumer Finance | -0.74% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| GJF Gjensidige Forsikring | NOK 252.80 | 2.3% +NOK 2.9b | -1.4% | PE19.4x | |
| DNB DNB Bank | NOK 285.80 | 0.5% +NOK 1.9b | 3.1% | PB1.4x | |
| PROT Protector Forsikring | NOK 452.00 | 2.9% +NOK 1.0b | 11.2% | PE18.4x | |
| SB1NO SpareBank 1 Sør-Norge | NOK 188.80 | 1.2% +NOK 825.6m | 4.7% | PB1.3x | |
| STB Storebrand | NOK 175.60 | 0.9% +NOK 672.4m | 29.7% | PE16x |