Header cover image

Norwegian (OSEAX) Diversified Banks Industry Analysis

UpdatedMay 12, 2022
DataAggregated Company Financials
Companies9
  • 7D-3.2%
  • 3M-14.8%
  • 1Y11.1%
  • YTD-11.6%

In the last week, Diversified Banks has been flat. As for the the longer term, the industry is up 15% over the past 12 months. Looking forward, earnings are forecast to grow by 7.6% annually.

Industry Valuation and Performance

Has the Norwegian Diversified Banks Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Fri, 13 May 2022kr317.1bkr72.1bkr27.9b10.2x
Sun, 10 Apr 2022kr362.0bkr73.5bkr28.5b11.7x
Tue, 08 Mar 2022kr353.4bkr76.4bkr30.3b11.2x
Thu, 03 Feb 2022kr409.8bkr74.1bkr29.8b12.4x
Sat, 01 Jan 2022kr72.3bkr19.7bkr6.4b11.8x
Mon, 29 Nov 2021kr70.7bkr19.7bkr6.4b11.3x
Wed, 27 Oct 2021kr397.7bkr68.6bkr27.5b11.2x
Fri, 24 Sep 2021kr363.4bkr68.6bkr27.5b10.6x
Sun, 22 Aug 2021kr356.2bkr68.6bkr27.5b10.2x
Fri, 09 Jul 2021kr66.6bkr19.9bkr6.5b10.5x
Thu, 01 Apr 2021kr61.4bkr19.7bkr6.6b9.5x
Sun, 03 Jan 2021kr51.8bkr18.8bkr6.2b8.8x
Wed, 07 Oct 2020kr47.2bkr18.3bkr5.6b9x
Tue, 30 Jun 2020kr45.6bkr18.4bkr5.5b7.7x
Fri, 03 Apr 2020kr33.4bkr18.4bkr5.2b7.6x
Mon, 06 Jan 2020kr52.1bkr19.5bkr5.8b8.9x
Thu, 10 Oct 2019kr45.1bkr19.2bkr5.9b7.5x
Wed, 03 Jul 2019kr42.3bkr18.7bkr5.7b7.5x
Median PE Ratio

7.7x


Total Market Cap: kr43.3bTotal Earnings: kr5.7bTotal Revenue: kr18.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Diversified Banks Industry Median PE3Y Average 9.4x202020212022
Current Industry PE
  • Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 9.4x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 71% per year over the last three years.
  • Revenues for these companies have grown 58% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does Norwegian Diversified Banks compare with similar industries?

NO Market-4.19%
Financials-3.53%
Banks-3.23%
Diversified Banks-3.16%
Regional Banks-3.49%
Industry PEThere is insufficient data on the sub-industries of this industry.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DNB DNB Bankkr185.151.1%
+kr3.2b
n/aPB1.2x
Simply Wall Stâ„¢
Simply Wall Street Pty Ltd
17-21 Bellevue Street, Surry Hills, Sydney
Download on the App StoreGet it on Google Play
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

BRA

kr10.90

BRAbank

7D

-2.2%

1Y

21.1%