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Norwegian (OSEAX) Biotech Industry Analysis

UpdatedFeb 07, 2026
DataAggregated Company Financials
Companies9
  • 7D-1.3%
  • 3M12.8%
  • 1Y40.2%
  • YTD3.7%

Over the last 7 days, the Biotech industry has dropped 3.0%, driven by a pullback from Nykode Therapeutics of 4.7%. On the other hand Norda is actually up 5.1%. In the past year, the industry has gained 33%. Looking forward, earnings are forecast to grow by 22% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 07 Feb 2026NOK 5.6bNOK 604.0m-NOK 363,650,151.7879.4x-15.3x9.2x
Mon, 05 Jan 2026NOK 5.4bNOK 606.9m-NOK 368,025,647.1877.2x-14.6x8.9x
Wed, 03 Dec 2025NOK 4.9bNOK 607.6m-NOK 369,061,815.5476.9x-13.3x8.1x
Fri, 31 Oct 2025NOK 4.9bNOK 612.4m-NOK 518,993,051.00265.8x-9.4x7.9x
Sun, 28 Sep 2025NOK 4.6bNOK 611.6m-NOK 517,428,993.47234.9x-8.8x7.5x
Tue, 26 Aug 2025NOK 4.7bNOK 617.4m-NOK 584,230,446.23266.8x-8.1x7.6x
Thu, 24 Jul 2025NOK 4.8bNOK 885.2m-NOK 744,998,947.25199.1x-6.5x5.4x
Sat, 21 Jun 2025NOK 4.8bNOK 885.3m-NOK 745,251,650.83197.3x-6.5x5.5x
Mon, 19 May 2025NOK 5.2bNOK 896.8m-NOK 892,897,037.39195x-5.8x5.8x
Wed, 16 Apr 2025NOK 4.8bNOK 521.8m-NOK 1,027,238,411.99114x-4.7x9.2x
Fri, 14 Mar 2025NOK 4.7bNOK 522.1m-NOK 1,103,516,607.51114.7x-4.3x9x
Sun, 09 Feb 2025NOK 5.1bNOK 457.1m-NOK 1,121,416,201.72154.5x-4.6x11.2x
Tue, 07 Jan 2025NOK 4.7bNOK 457.3m-NOK 1,070,730,820.52156.7x-4.3x10.2x
Thu, 05 Dec 2024NOK 4.2bNOK 456.2m-NOK 1,061,750,226.30147.7x-4x9.3x
Sat, 02 Nov 2024NOK 4.6bNOK 472.8m-NOK 1,074,585,104.0560.3x-4.3x9.7x
Mon, 30 Sep 2024NOK 5.0bNOK 469.2m-NOK 1,047,120,820.3563x-4.8x10.7x
Wed, 28 Aug 2024NOK 6.2bNOK 467.8m-NOK 1,043,998,898.1070.7x-6x13.3x
Fri, 26 Jul 2024NOK 8.8bNOK 518.1m-NOK 1,057,386,592.6969.5x-8.3x17x
Sun, 23 Jun 2024NOK 8.9bNOK 641.0m-NOK 938,795,223.8336.6x-9.5x13.9x
Tue, 21 May 2024NOK 8.8bNOK 638.8m-NOK 978,127,299.4431.8x-9x13.7x
Thu, 18 Apr 2024NOK 8.3bNOK 660.5m-NOK 949,322,089.4637.1x-8.8x12.6x
Sat, 16 Mar 2024NOK 9.0bNOK 655.4m-NOK 935,914,720.5440.8x-9.6x13.7x
Mon, 12 Feb 2024NOK 15.2bNOK 672.2m-NOK 1,064,025,055.7441.6x-14.3x22.6x
Wed, 10 Jan 2024NOK 17.0bNOK 654.9m-NOK 1,354,587,829.0059.7x-12.5x25.9x
Fri, 08 Dec 2023NOK 15.0bNOK 662.6m-NOK 1,376,912,857.0056.7x-10.9x22.7x
Sun, 05 Nov 2023NOK 13.8bNOK 491.0m-NOK 1,549,505,083.0093x-8.9x28.1x
Tue, 03 Oct 2023NOK 15.3bNOK 626.0m-NOK 1,460,595,304.0055.4x-10.5x24.4x
Thu, 31 Aug 2023NOK 15.7bNOK 625.9m-NOK 1,430,493,766.0058.5x-11x25.1x
Sat, 29 Jul 2023NOK 16.3bNOK 555.1m-NOK 1,452,076,250.0058.2x-11.3x29.5x
Mon, 26 Jun 2023NOK 15.4bNOK 562.7m-NOK 1,483,024,567.0057.5x-10.4x27.4x
Wed, 24 May 2023NOK 17.3bNOK 562.8m-NOK 1,497,067,181.0064x-11.6x30.8x
Fri, 21 Apr 2023NOK 17.4bNOK 540.4m-NOK 1,450,451,254.0030.1x-12x32.2x
Sun, 19 Mar 2023NOK 15.0bNOK 538.6m-NOK 1,566,658,506.0029.5x-9.6x27.8x
Tue, 14 Feb 2023NOK 18.4bNOK 811.4m-NOK 1,413,475,376.0033.3x-13x22.7x
Price to Earnings Ratio

-13x


Total Market Cap: NOK 18.4bTotal Earnings: -NOK 1,413,475,376.00Total Revenue: NOK 811.4mTotal Market Cap vs Earnings and Revenue0%0%0%
Norwegian Biotech Industry Price to Earnings3Y Average -8.9x202420252026
Current Industry PE
  • Investors are pessimistic on the Norwegian Biotechs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 16.0x is higher than the industry's current PS ratio of 8.9x.
Past Earnings Growth
  • The earnings for companies in the Biotechs industry have improved over the last three years.
  • Meanwhile revenues for these companies have declined 9.4% per year.
  • This means that less sales are being generated overall, but since the cost of doing business is lower, losses have been shrinking.

Industry Trends

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

NO Market2.65%
Healthcare-3.18%
Biotech-1.30%
Biotech-1.30%
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
NORD NordaNOK 85.105.1%
+NOK 21.0m
-11.4%PE3.5x
LYTIX Lytix BiopharmaNOK 9.520.4%
+NOK 3.0m
64.1%PS1896.1x
PCIB PCI Biotech HoldingNOK 0.1922.9%
+NOK 1.3m
-84.3%PS1.5x
EXTX EXACT TherapeuticsNOK 1.881.1%
+NOK 1.3m
-48.6%PB1.8x
ZLNA ZellunaNOK 15.000.01%
+NOK 52.5k
n/aPS7434.8x

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