NorAm Drilling AS (OSL:NORAM) Book Value per Share: kr12.08 (As of Mar. 2026)


OSL:NORAM NorAm Drilling AS OSL:NORAM
90 GF Score
Price kr38.00
GF Value kr33.71
Valuation Modestly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS Book Value per Share?

NorAm Drilling AS OSL:NORAM -2.19% 90 Book Value per Share is kr12.08 as of Mar. 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 90/100 and a GF Value™ of kr33.71 (Modestly Overvalued). The stock has 3 warning signs investors should review.

NorAm Drilling AS's book value per share for the quarter that ended in Mar. 2026 was kr12.08.

During the past 12 months, NorAm Drilling AS's average Book Value Per Share Growth Rate was -16.40% 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 book value growth rate using book value per share data.

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's current price is kr38.00. Its book value per share for the quarter that ended in Mar. 2026 was kr12.08. Hence, today's PB Ratio of NorAm Drilling AS is 3.14.

During the past 7 years, the highest P/B Ratio of NorAm Drilling AS was 4.34. The lowest was 1.52. And the median was 2.25.


NorAm Drilling AS  (OSL:NORAM) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


NorAm Drilling AS Book Value per Share Related Terms


NorAm Drilling AS Book Value per Share Historical Data

* Premium members only.

The historical data trend for NorAm Drilling AS's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NorAm Drilling AS Book Value per Share Chart

NorAm Drilling AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial 7.04 18.79 17.57 13.87 12.03

NorAm Drilling AS Quarterly Data
Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.46 14.06 13.89 12.03 12.08

OSL:NORAM vs SLB, BKR, HAL: Book Value per Share Comparison

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's PB Ratio, along with its competitors' market caps and PB Ratio 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 PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, NorAm Drilling AS's PB Ratio distribution charts can be found below:

* The bar in red indicates where NorAm Drilling AS's PB Ratio falls into.


OSL:NORAM
90GF Score
NorAm Drilling AS OSL:NORAM
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS Book Value per Share Calculation

NorAm Drilling AS's Book Value Per Share for the fiscal year that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(521-0)/43
=12.03

NorAm Drilling AS's Book Value Per Share for the quarter that ended in Mar. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(524-0)/43
=12.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of kr12.08 mean?
NorAm Drilling AS (OSL:NORAM) has a Book Value per Share of kr12.08 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's Book Value per Share too high?
NorAm Drilling AS's current Book Value per Share is kr12.08. Overall, NorAm Drilling AS has a GF Score™ of 90/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's Book Value per Share compare to SLB and BKR?
NorAm Drilling AS's Book Value per Share of kr12.08 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas industry context. However, Book Value per Share 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 Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current Book Value per Share is kr12.08. 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 Modestly Overvalued. The stock's GF Value™ is kr33.71, compared to a current price of kr38.00 — trading 12.7% above its estimated fair value. The current Book Value per Share is kr12.08. NorAm Drilling AS's overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current Book Value per Share is kr12.08 as of Mar. 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 kr38.00 is trading 12.7% above its estimated GF Value™ of kr33.71. GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.

Key valuation signals for OSL:NORAM:

  • Book Value per Share: kr12.08
  • GF Value™: kr33.71 vs. price of kr38.00 (12.7% above fair value)
  • GF Score™: 90/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges TM9:Germany
Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
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.
90GF Score

Get the complete analysis for OSL:NORAM

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr38.00
Price
kr33.71
GF Value