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During the past 12 months, NorAm Drilling AS's average Book Value per Share Growth Rate was -10.50% per year.
During the past 3 years, the average Book Value per Share Growth Rate was -13.80% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 10.10% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 7 years, the highest 3-Year average Book Value per Share Growth Rate of NorAm Drilling AS was 25.40% per year. The lowest was -13.80% per year. And the median was 19.85% per year.
NorAm Drilling AS (OSL:NORAM) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
NorAm Drilling AS 3-Year Book Growth Rate Related Terms
OSL:NORAM vs SLB, BKR, HAL: 3-Year Book Growth Rate Comparison
For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
NorAm Drilling AS 3-Year Book Growth Rate vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS's 3-Year Book Growth Rate falls into.
NorAm Drilling AS 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of -13.80% mean?
NorAm Drilling AS (OSL:NORAM) has a 3-Year Book Growth Rate of -13.80% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for NorAm Drilling AS and its competitors. According to the industry distribution chart, NorAm Drilling AS ranks #750 out of 917 companies in the Oil & Gas industry, placing it in the top 81.8%.
Is NorAm Drilling AS's 3-Year Book Growth Rate too high?
NorAm Drilling AS's current 3-Year Book Growth Rate is -13.80%. Based on the distribution chart, NorAm Drilling AS ranks #750 out of 917 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's 3-Year Book Growth Rate compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #750 out of 917 companies for 3-Year Book Growth Rate. This places NorAm Drilling AS in the lower half of its industry. The industry median 3-Year Book Growth Rate is 2.90. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for an Oil & Gas company?
The median 3-Year Book Growth Rate among Oil & Gas companies is 2.90, based on 917 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median 3-Year Book Growth Rate is 2.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current 3-Year Book Growth Rate is -13.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr34.02, compared to a current price of kr47.10 — trading 38.4% above its estimated fair value. The current 3-Year Book Growth Rate is -13.80%. NorAm Drilling AS's overall GF Score™ is 87/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current 3-Year Book Growth Rate is -13.80% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr47.10 is trading 38.4% above its estimated GF Value™ of kr34.02.
GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.
Key valuation signals for OSL:NORAM:
3-Year Book Growth Rate: -13.80%
GF Value™: kr34.02 vs. price of kr47.10 (38.4% above fair value)
No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
87GF Score
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3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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