Norske Skog ASA (OSL:NSKOG) Book Value per Share: kr69.85 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:NSKOG Norske Skog ASA OSL:NSKOG
75 GF Score
Price kr37.95
GF Value kr33.09
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Norske Skog ASA Book Value per Share?

Norske Skog ASA OSL:NSKOG +2.71% 75 Book Value per Share is kr69.85 as of Mar. 2026. GuruFocus rates OSL:NSKOG with a GF Score™ of 75/100 and a GF Value™ of kr33.09 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Norske Skog ASA's book value per share for the quarter that ended in Mar. 2026 was kr69.85.

During the past 12 months, Norske Skog ASA's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 3.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 15.10% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Norske Skog ASA was 365.50% per year. The lowest was -61.20% per year. And the median was -13.40% per year.

Norske Skog ASA's current price is kr37.95. Its book value per share for the quarter that ended in Mar. 2026 was kr69.85. Hence, today's PB Ratio of Norske Skog ASA is 0.54.

During the past 13 years, the highest P/B Ratio of Norske Skog ASA was 1.62. The lowest was 0.21. And the median was 0.61.


Norske Skog ASA  (OSL:NSKOG) 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.


Norske Skog ASA Book Value per Share Related Terms


Norske Skog ASA Book Value per Share Historical Data

* Premium members only.

The historical data trend for Norske Skog ASA'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.

Norske Skog ASA Book Value per Share Chart

Norske Skog ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.24 62.69 72.61 63.46 68.58

Norske Skog ASA Quarterly Data
Jun21 Sep21 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 66.54 69.26 70.68 68.58 69.85

OSL:NSKOG vs SLVM: Book Value per Share Comparison

For the Paper & Paper Products subindustry, Norske Skog ASA'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.


Norske Skog ASA PB Ratio vs Forest Products Industry

For the Forest Products industry and Basic Materials sector, Norske Skog ASA's PB Ratio distribution charts can be found below:

* The bar in red indicates where Norske Skog ASA's PB Ratio falls into.


OSL:NSKOG
75GF Score
Norske Skog ASA OSL:NSKOG
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norske Skog ASA Book Value per Share Calculation

Norske Skog ASA'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)
=(5,818-0)/85
=68.58

Norske Skog ASA'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)
=(5,926-0)/85
=69.85

* 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 kr69.85 mean?
Norske Skog ASA (OSL:NSKOG) has a Book Value per Share of kr69.85 as of Mar. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Norske Skog ASA and its competitors.
Is Norske Skog ASA's Book Value per Share too high?
Norske Skog ASA's current Book Value per Share is kr69.85. Overall, Norske Skog ASA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norske Skog ASA's Book Value per Share compare to SLVM?
Norske Skog ASA's Book Value per Share of kr69.85 can be compared against companies in the Forest Products 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 a Forest Products company?
A good Book Value per Share depends on the Forest Products 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 Norske Skog ASA and its competitors. Norske Skog ASA's current Book Value per Share is kr69.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norske Skog ASA stock overvalued right now?
Based on GuruFocus' analysis, Norske Skog ASA (OSL:NSKOG) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.09, compared to a current price of kr37.95 — trading 14.7% above its estimated fair value. The current Book Value per Share is kr69.85. Norske Skog ASA's overall GF Score™ is 75/100 with 9 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 Norske Skog ASA (OSL:NSKOG), the current Book Value per Share is kr69.85 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 Norske Skog ASA (OSL:NSKOG) Overvalued in 2026?

Based on GuruFocus' analysis, Norske Skog ASA stock appears to be overvalued. The current stock price of kr37.95 is trading 14.7% above its estimated GF Value™ of kr33.09. GuruFocus considers Norske Skog ASA to be Modestly Overvalued.

Key valuation signals for OSL:NSKOG:

  • Book Value per Share: kr69.85
  • GF Value™: kr33.09 vs. price of kr37.95 (14.7% above fair value)
  • GF Score™: 75/100 with 9 warning signs

No single metric tells the full story. See the OSL:NSKOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Norske Skog ASA Business Description

Other Exchanges NSKOGo:Sweden0BQ:Germany
Address Sjolyst plass 2, Oslo, NOR, 0278
Norske Skog ASA is a European company focused on the production of publication and packaging paper. The publication paper includes the production and sale of newsprint and magazine paper under the NOR brands. Packaging paper includes the production and sale of recycled containerboard under the Strato brand. Its product portfolio includes publication paper, recycled packaging paper, energy, and bioproducts. The company's core bioproducts are the nanocellulose product CEBINA and the bio-composite product CEBICO. Its reportable segments are Publication paper, Packaging paper, and Other activities. The majority of revenue is derived from the Publication paper segment. Geographically, the company generates the maximum revenue from Europe.
75GF Score

Get the complete analysis for OSL:NSKOG

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

kr37.95
Price
kr33.09
GF Value