Header cover image

Norwegian (OSEAX) Diversified Banks Industry Analysis

UpdatedFeb 24, 2024
DataAggregated Company Financials
Companies9
  • 7D0.4%
  • 3M0.9%
  • 1Y0.9%
  • YTDn/a

The Diversified Banks industry has stayed flat over the last week. In line with that, the industry has also been flat over the past 12 months. In the next few years, earnings are forecast to decline by 2.0% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 24 Feb 2024kr357.9bkr97.6bkr43.3b8.6x8.3x3.7x
Mon, 22 Jan 2024kr365.9bkr95.8bkr43.2b9.2x8.5x3.8x
Wed, 20 Dec 2023kr364.3bkr95.8bkr43.2b9x8.4x3.8x
Fri, 17 Nov 2023kr355.8bkr95.8bkr43.2b8.7x8.2x3.7x
Sun, 15 Oct 2023kr379.6bkr91.5bkr40.7b9.5x9.3x4.2x
Tue, 12 Sep 2023kr366.6bkr91.5bkr40.7b9.2x9x4x
Thu, 10 Aug 2023kr362.1bkr90.6bkr40.5b9.5x8.9x4x
Sat, 08 Jul 2023kr349.6bkr87.8bkr39.0b9.3x9x4x
Mon, 05 Jun 2023kr335.2bkr87.8bkr39.0b8.8x8.6x3.8x
Wed, 03 May 2023kr331.2bkr87.1bkr38.8b10.5x8.5x3.8x
Fri, 31 Mar 2023kr331.2bkr82.1bkr35.8b9.9x9.2x4x
Sun, 26 Feb 2023kr361.6bkr82.1bkr35.8b10.5x10.1x4.4x
Tue, 24 Jan 2023kr328.3bkr78.7bkr31.8b10.4x10.3x4.2x
Thu, 22 Dec 2022kr333.2bkr78.7bkr31.8b10.6x10.5x4.2x
Sat, 19 Nov 2022kr324.1bkr78.8bkr31.9b9.8x10.2x4.1x
Mon, 17 Oct 2022kr314.3bkr76.3bkr30.6b9.9x10.3x4.1x
Wed, 14 Sep 2022kr324.6bkr76.3bkr30.6b10.2x10.6x4.3x
Fri, 12 Aug 2022kr345.5bkr76.5bkr31.5b10.4x11x4.5x
Sun, 10 Jul 2022kr319.0bkr74.4bkr29.4b9.7x10.8x4.3x
Tue, 07 Jun 2022kr335.3bkr72.1bkr27.9b10.4x12x4.7x
Thu, 05 May 2022kr338.6bkr73.5bkr28.5b11.2x11.9x4.6x
Sat, 02 Apr 2022kr367.5bkr73.5bkr28.5b11.7x12.9x5x
Mon, 28 Feb 2022kr379.9bkr76.4bkr30.3b11.7x12.5x5x
Wed, 26 Jan 2022kr405.9bkr74.1bkr29.8b11.9x13.6x5.5x
Fri, 24 Dec 2021kr70.9bkr19.7bkr6.4b11.5x11x3.6x
Sun, 21 Nov 2021kr395.4bkr70.7bkr28.7b11.6x13.8x5.6x
Tue, 19 Oct 2021kr398.4bkr68.6bkr27.5b11.2x14.5x5.8x
Thu, 16 Sep 2021kr358.8bkr68.6bkr27.5b10.4x13x5.2x
Sat, 14 Aug 2021kr362.5bkr68.6bkr27.5b10.5x13.2x5.3x
Wed, 09 Jun 2021kr66.2bkr19.7bkr6.6b10.2x10x3.4x
Tue, 02 Mar 2021kr55.4bkr18.8bkr6.2b9.2x8.9x2.9x
Price to Earnings Ratio

8.9x


Total Market Cap: kr55.4bTotal Earnings: kr6.2bTotal Revenue: kr18.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Diversified Banks Industry Price to Earnings3Y Average 10.5x202220232024
Current Industry PE
  • Investors are pessimistic on the Norwegian Diversified Banks industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 8.2x which is lower than its 3-year average PE of 10.5x.
  • The 3-year average PS ratio of 4.2x is higher than the industry's current PS ratio of 3.6x.
Past Earnings Growth
  • The earnings for companies in the Diversified Banks industry have grown 91% per year over the last three years.
  • Revenues for these companies have grown 73% 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-0.47%
Financials0.011%
Banks-0.0046%
Diversified Banks0.37%
Regional Banks-1.32%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
DNB DNB Bankkr207.300.6%
+kr1.8b
0.8%PB1.2x
SPOG Sparebanken Østkr56.001.4%
+kr16.6m
10.2%PB0.2x
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

SPOG

kr56.00

Sparebanken Øst

7D

1.4%

1Y

10.2%

LEA

kr7.80

Lea Bank

7D

-2.0%

1Y

-20.7%

MOBA

kr3.99

Morrow Bank

7D

-1.2%

1Y

-31.2%

SPOL

kr122.40

SpareBank 1 Østlandet

7D

-2.2%

1Y

-1.9%

SOR

kr142.00

Sparebanken Sør

7D

-1.0%

1Y

7.6%

DNB

kr207.30

DNB Bank

7D

0.6%

1Y

0.8%

PARB

kr54.60

Pareto Bank

7D

-1.1%

1Y

-7.3%