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Norwegian (OSEAX) Insurance Industry Analysis

UpdatedApr 18, 2025
DataAggregated Company Financials
Companies4
  • 7D3.5%
  • 3M10.1%
  • 1Y43.9%
  • YTD13.1%

All of the companies in the Insurance industry have been up over the last week, with the industry up 6.5%. In the last 12 months, the industry was up 44%. Looking forward, earnings are forecast to grow by 7.9% annually.

Industry Valuation and Performance

Has the Norwegian Insurance Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 18 Apr 2025NOK 202.2bNOK 135.4bNOK 12.1b13.5x16.7x1.5x
Sun, 16 Mar 2025NOK 203.6bNOK 74.6bNOK 12.1b13.8x16.8x2.7x
Tue, 11 Feb 2025NOK 198.9bNOK 142.7bNOK 12.3b12.4x16.2x1.4x
Thu, 09 Jan 2025NOK 180.0bNOK 144.1bNOK 12.0b11.4x15x1.2x
Sat, 07 Dec 2024NOK 179.1bNOK 144.1bNOK 12.0b11.4x14.9x1.2x
Mon, 04 Nov 2024NOK 178.7bNOK 144.1bNOK 12.0b11.5x14.9x1.2x
Wed, 02 Oct 2024NOK 170.1bNOK 128.1bNOK 10.0b12.9x16.9x1.3x
Fri, 30 Aug 2024NOK 160.7bNOK 128.1bNOK 10.0b12.2x16x1.3x
Sun, 28 Jul 2024NOK 154.6bNOK 128.1bNOK 10.0b11.9x15.4x1.2x
Tue, 25 Jun 2024NOK 167.3bNOK 126.6bNOK 8.3b15.7x20.1x1.3x
Thu, 23 May 2024NOK 160.5bNOK 126.6bNOK 8.3b15.3x19.4x1.3x
Sat, 20 Apr 2024NOK 141.5bNOK 106.1bNOK 8.9b12.6x15.9x1.3x
Mon, 18 Mar 2024NOK 145.4bNOK 106.1bNOK 8.9b13x16.3x1.4x
Wed, 14 Feb 2024NOK 144.2bNOK 121.3bNOK 9.0b12.3x16.1x1.2x
Fri, 12 Jan 2024NOK 146.6bNOK 157.8bNOK 9.3b16.5x15.8x0.9x
Sun, 10 Dec 2023NOK 150.6bNOK 157.8bNOK 9.3b16.9x16.2x1x
Tue, 07 Nov 2023NOK 139.5bNOK 157.8bNOK 9.3b15.2x15x0.9x
Thu, 05 Oct 2023NOK 130.3bNOK 154.1bNOK 9.5b13.9x13.8x0.8x
Sat, 02 Sep 2023NOK 135.4bNOK 154.1bNOK 9.5b14.5x14.3x0.9x
Mon, 31 Jul 2023NOK 134.2bNOK 154.1bNOK 9.5b14.6x14.2x0.9x
Wed, 28 Jun 2023NOK 136.5bNOK 93.3bNOK 8.4b16x16.3x1.5x
Fri, 26 May 2023NOK 142.5bNOK 93.3bNOK 8.4b15.7x17x1.5x
Sun, 23 Apr 2023NOK 138.1bNOK 55.4bNOK 7.8b15.7x17.7x2.5x
Tue, 21 Mar 2023NOK 135.4bNOK 55.4bNOK 7.8b14.9x17.4x2.4x
Thu, 16 Feb 2023NOK 143.5bNOK 55.4bNOK 7.8b16.7x18.4x2.6x
Sat, 14 Jan 2023NOK 146.5bNOK 60.6bNOK 8.8b16.7x16.7x2.4x
Mon, 12 Dec 2022NOK 146.2bNOK 60.6bNOK 8.8b16.8x16.6x2.4x
Wed, 09 Nov 2022NOK 142.3bNOK 60.6bNOK 8.8b16.5x16.2x2.3x
Fri, 07 Oct 2022NOK 139.7bNOK 71.0bNOK 9.4b15.7x14.9x2x
Sun, 04 Sep 2022NOK 149.7bNOK 71.0bNOK 9.4b16.7x16x2.1x
Tue, 02 Aug 2022NOK 147.5bNOK 71.0bNOK 9.4b16.4x15.8x2.1x
Thu, 30 Jun 2022NOK 139.7bNOK 117.5bNOK 11.3b13.6x12.4x1.2x
Sat, 28 May 2022NOK 153.3bNOK 117.5bNOK 11.3b14.6x13.6x1.3x
Mon, 25 Apr 2022NOK 158.2bNOK 158.5bNOK 11.3b13x14x1x
Price to Earnings Ratio

14x


Total Market Cap: NOK 158.2bTotal Earnings: NOK 11.3bTotal Revenue: NOK 158.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Insurance Industry Price to Earnings3Y Average 16x202320242025
Current Industry PE
  • Investors are relatively neutral on the Norwegian Insurance 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 16.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Insurance industry have grown 2.4% per year over the last three years.
  • Meanwhile revenues for these companies have declined 5.1% per year.
  • This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.

Industry Trends

Which industries have driven the changes within the Norwegian Financials industry?

NO Market3.13%
Financials3.82%
Insurance3.55%
General Insurance4.72%
Life and Health Insurance0.25%
Property and Casualty Insurance0%0
Industry PE
  • Investors are most optimistic about the General Insurance industry which is trading above its 3-year average PE ratio of 17.8x.
    • Analysts are expecting annual earnings growth of 12.5%, which is lower than the prior year's growth of 14.4% per year.
  • Investors are most pessimistic about the Life and Health Insurance industry, which is trading below its 3-year average of 13.3x.
Forecasted Growth
  • Analysts are most optimistic on the General Insurance industry, expecting annual earnings growth of 12% over the next 5 years.
  • This is roughly in line with its past earnings growth rate.
  • In contrast, the Life and Health Insurance industry is expected to see its earnings decline by 5.5% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
GJF Gjensidige ForsikringNOK 247.605.8%
+NOK 6.8b		52.2%PE24.5x
STB StorebrandNOK 118.600.3%
+NOK 129.6m		24.8%PE9.3x
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Latest News

STB

NOK 118.60

Storebrand

7D

0.3%

1Y

24.8%

GJF

NOK 247.60

Gjensidige Forsikring

7D

5.8%

1Y

52.2%