Nordic Mining ASA (OSL:NOM) Cyclically Adjusted PS Ratio: 75.38 (As of Jul. 30, 2026) — 60% Below Median

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:NOM Nordic Mining ASA OSL:NOM
18 GF Score
Price kr6.03
! 6 Warning Signs
View Full Analysis

What is Nordic Mining ASA Cyclically Adjusted PS Ratio?

Nordic Mining ASA OSL:NOM +0.67% 18 Cyclically Adjusted PS Ratio is 75.38 as of Jul. 30, 2026, which is 60% below its 10-year median of 190.00. GuruFocus rates OSL:NOM with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 574 Metals & Mining companies, Nordic Mining ASA ranks worse than 98.78% on this metric.

As of today (2026-07-30), Nordic Mining ASA's current share price is kr6.03. Nordic Mining ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr0.08. Nordic Mining ASA's Cyclically Adjusted PS Ratio for today is 75.38.

The historical rank and industry rank for Nordic Mining ASA's Cyclically Adjusted PS Ratio or its related term are showing as below:

OSL:NOM' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 58.13   Med: 190   Max: 298
Current: 71.91

During the past years, Nordic Mining ASA's highest Cyclically Adjusted PS Ratio was 298.00. The lowest was 58.13. And the median was 190.00.

OSL:NOM's Cyclically Adjusted PS Ratio is ranked worse than
98.78% of 574 companies
in the Metals & Mining industry
Industry Median: 2.105 vs OSL:NOM: 71.91

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nordic Mining ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr0.036. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is kr0.08 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nordic Mining ASA  (OSL:NOM) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Nordic Mining ASA Cyclically Adjusted PS Ratio Related Terms


Nordic Mining ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nordic Mining ASA's Cyclically Adjusted PS Ratio 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.

Nordic Mining ASA Cyclically Adjusted PS Ratio Chart

Nordic Mining ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 302.15

Nordic Mining ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PS Ratio 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 0.00 238.50 218.30 302.15 144.07

Nordic Mining ASA Cyclically Adjusted PS Ratio Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Nordic Mining ASA's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Nordic Mining ASA Cyclically Adjusted PS Ratio vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Nordic Mining ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nordic Mining ASA's Cyclically Adjusted PS Ratio falls into.


OSL:NOM
18GF Score
Nordic Mining ASA OSL:NOM
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Mining ASA Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Nordic Mining ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.03/0.08
=75.38

* 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.

Nordic Mining ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Nordic Mining ASA's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.036/141.0300*141.0300
=0.036

Current CPI (Mar. 2026) = 141.0300.

Nordic Mining ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.000 103.800 0.000
201609 0.000 104.200 0.000
201612 0.000 104.400 0.000
201703 0.000 105.000 0.000
201706 0.000 105.800 0.000
201709 0.000 105.900 0.000
201712 0.000 106.100 0.000
201803 0.000 107.300 0.000
201806 0.000 108.500 0.000
201809 0.000 109.500 0.000
201812 0.000 109.800 0.000
201903 0.000 110.400 0.000
201906 0.000 110.600 0.000
201909 0.000 111.100 0.000
201912 0.000 111.300 0.000
202003 0.000 111.200 0.000
202006 0.000 112.100 0.000
202009 0.000 112.900 0.000
202012 0.000 112.900 0.000
202103 0.000 114.600 0.000
202106 0.000 115.300 0.000
202109 0.000 117.500 0.000
202112 0.000 118.900 0.000
202203 0.000 119.800 0.000
202206 0.000 122.600 0.000
202209 0.000 125.600 0.000
202212 0.000 125.900 0.000
202303 0.000 127.600 0.000
202306 0.000 130.400 0.000
202309 0.000 129.800 0.000
202312 0.000 131.900 0.000
202403 0.000 132.600 0.000
202406 0.000 133.800 0.000
202409 0.000 133.700 0.000
202412 0.000 134.800 0.000
202503 0.000 136.100 0.000
202506 0.025 137.800 0.026
202509 0.009 138.500 0.009
202512 0.011 139.100 0.011
202603 0.036 141.030 0.036

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 75.38 mean?
Nordic Mining ASA (OSL:NOM) has a Cyclically Adjusted PS Ratio of 75.38 as of Jul. 30, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordic Mining ASA and its competitors. This is 60% below median its historical median of 190.00. Over the past decade, Nordic Mining ASA's Cyclically Adjusted PS Ratio has ranged from 58.13 to 298.00. According to the industry distribution chart, Nordic Mining ASA ranks #567 out of 574 companies in the Metals & Mining industry, placing it in the top 98.8%.
Is Nordic Mining ASA's Cyclically Adjusted PS Ratio too high?
Nordic Mining ASA's current Cyclically Adjusted PS Ratio of 75.38 is 60% below median its 10-year median of 190.00. Over the past 10 years, this metric has ranged from a low of 58.13 to a high of 298.00. The Metals & Mining industry median Cyclically Adjusted PS Ratio is 2.11. Nordic Mining ASA's value of 75.38 is 3481% above this industry median. Based on the distribution chart, Nordic Mining ASA ranks #567 out of 574 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Nordic Mining ASA has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Mining ASA's Cyclically Adjusted PS Ratio compare to competitors?
According to the Metals & Mining industry distribution chart, Nordic Mining ASA ranks #567 out of 574 companies for Cyclically Adjusted PS Ratio. This places Nordic Mining ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 2.11. Nordic Mining ASA's value of 75.38 is 3481% above this benchmark. Historically, Nordic Mining ASA's own Cyclically Adjusted PS Ratio has ranged from 58.13 to 298.00 over the past decade. While the company's 10-year median is 190.00 vs. the industry median of 2.11, Nordic Mining ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Metals & Mining company?
The median Cyclically Adjusted PS Ratio among Metals & Mining companies is 2.11, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nordic Mining ASA's current Cyclically Adjusted PS Ratio of 75.38 is 3481% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nordic Mining ASA and its competitors. For the Metals & Mining industry, the median Cyclically Adjusted PS Ratio is 2.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Mining ASA's current Cyclically Adjusted PS Ratio is 75.38, which is 60% below median its own 10-year median of 190.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Mining ASA stock overvalued right now?
Nordic Mining ASA (OSL:NOM) has a current Cyclically Adjusted PS Ratio of 75.38. The current Cyclically Adjusted PS Ratio is 75.38, which is 60% below median its 10-year median of 190.00 and 3481% above the Metals & Mining industry median of 2.11. Nordic Mining ASA's overall GF Score™ is 18/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nordic Mining ASA (OSL:NOM), the current Cyclically Adjusted PS Ratio is 75.38 as of Jul. 30, 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.

Nordic Mining ASA Business Description

Address Vika Atrium, Munkedamsveien 45, Entrance A - 5th Floor, Oslo, NOR, N-0250
Nordic Mining ASA is a resource company with its subsidiaries, which is engaged in the integrated operations of exploration, extraction, and production of high-end minerals and metals. The company's reportable segment is the Rutile and Garnet segment. The company's operations include the Engebo rutile and garnet project.
18GF Score

Get the complete analysis for OSL:NOM

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr6.03
Price