Norwegian (OSEAX) General Insurance Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 23 Apr 2024	kr100.0b	kr47.5b	kr5.6b	16.1x	18x	2.1x
Thu, 21 Mar 2024	kr100.5b	kr47.5b	kr5.6b	16.1x	18.1x	2.1x
Sat, 17 Feb 2024	kr104.3b	kr47.5b	kr5.6b	16.5x	18.5x	2.2x
Mon, 15 Jan 2024	kr105.6b	kr46.2b	kr6.4b	16.6x	16.6x	2.3x
Wed, 13 Dec 2023	kr109.6b	kr46.2b	kr6.4b	17x	17.2x	2.4x
Fri, 10 Nov 2023	kr100.0b	kr46.2b	kr6.4b	16.1x	15.7x	2.2x
Sun, 08 Oct 2023	kr92.5b	kr44.1b	kr6.8b	12.8x	13.7x	2.1x
Tue, 05 Sep 2023	kr95.7b	kr44.1b	kr6.8b	13.1x	14.1x	2.2x
Thu, 03 Aug 2023	kr93.7b	kr44.1b	kr6.8b	12.7x	13.9x	2.1x
Sat, 01 Jul 2023	kr99.5b	kr42.3b	kr6.0b	14.5x	16.5x	2.4x
Mon, 29 May 2023	kr105.6b	kr42.3b	kr6.0b	15.2x	17.6x	2.5x
Wed, 26 Apr 2023	kr102.3b	kr39.3b	kr5.4b	16.9x	18.9x	2.6x
Fri, 24 Mar 2023	kr100.3b	kr39.3b	kr5.4b	16.5x	18.5x	2.6x
Sun, 19 Feb 2023	kr102.5b	kr39.3b	kr5.4b	16.8x	18.9x	2.6x
Tue, 17 Jan 2023	kr105.9b	kr38.8b	kr6.2b	19.6x	17.1x	2.7x
Thu, 15 Dec 2022	kr106.6b	kr38.8b	kr6.2b	18.7x	17.2x	2.7x
Sat, 12 Nov 2022	kr106.6b	kr38.8b	kr6.2b	18.8x	17.2x	2.7x
Mon, 10 Oct 2022	kr103.2b	kr38.8b	kr6.6b	18.2x	15.7x	2.7x
Wed, 07 Sep 2022	kr110.4b	kr38.8b	kr6.6b	19.3x	16.8x	2.8x
Fri, 05 Aug 2022	kr109.9b	kr38.8b	kr6.6b	18.9x	16.8x	2.8x
Sun, 03 Jul 2022	kr111.4b	kr39.5b	kr7.7b	14.3x	14.4x	2.8x
Tue, 31 May 2022	kr112.0b	kr39.5b	kr7.7b	14.5x	14.5x	2.8x
Thu, 28 Apr 2022	kr109.6b	kr39.3b	kr8.3b	10.9x	13.2x	2.8x
Sat, 26 Mar 2022	kr119.8b	kr39.3b	kr8.3b	12x	14.4x	3.1x
Mon, 21 Feb 2022	kr116.0b	kr39.3b	kr8.3b	11.4x	14x	3x
Wed, 19 Jan 2022	kr121.1b	kr38.4b	kr7.9b	12.2x	15.3x	3.2x
Fri, 17 Dec 2021	kr115.1b	kr38.4b	kr7.9b	11.3x	14.6x	3x
Sun, 14 Nov 2021	kr115.6b	kr38.4b	kr7.9b	11.2x	14.6x	3x
Tue, 12 Oct 2021	kr103.9b	kr38.3b	kr8.1b	9.7x	12.8x	2.7x
Thu, 09 Sep 2021	kr107.5b	kr38.3b	kr8.1b	10.1x	13.3x	2.8x
Sat, 07 Aug 2021	kr110.5b	kr38.3b	kr8.1b	10.3x	13.6x	2.9x
Fri, 30 Apr 2021	kr102.5b	kr38.5b	kr8.5b	9.3x	12.1x	2.7x

Current Industry PE

There are only 2 companies in the Norwegian Multi-line Insurance industry, so there is insufficient data to make an industry-wide assessment of both the PE and PS ratio.

Past Earnings Growth

The earnings for companies in the Multi-line Insurance industry have declined 13% per year over the last three years.
Meanwhile revenues for these companies have grown 7.2% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Comparison

How does Norwegian General Insurance compare with similar industries?


NO Market	-1.67%
Financials	-1.77%
Insurance	-0.31%
General Insurance	-0.79%
Life and Health Insurance	0.85%
Insurance Brokers	0%
Property and Casualty Insurance	0%
Reinsurance	0%