North Energy ASA (OSL:NORTH) Cyclically Adjusted PS Ratio: 58.00 (As of Jul. 16, 2026) — 803% Above Median

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OSL:NORTH North Energy ASA OSL:NORTH
50 GF Score
Price kr2.32
GF Value kr7.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is North Energy ASA Cyclically Adjusted PS Ratio?

North Energy ASA OSL:NORTH -0.43% 50 Cyclically Adjusted PS Ratio is 58.00 as of Jul. 16, 2026, which is 803% above its 10-year median of 6.42. GuruFocus rates OSL:NORTH with a GF Score™ of 50/100 and a GF Value™ of kr7.70 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 902 Asset Management companies, North Energy ASA ranks worse than 96.78% on this metric.

As of today (2026-07-16), North Energy ASA's current share price is kr2.32. North Energy ASA's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was kr0.04. North Energy ASA's Cyclically Adjusted PS Ratio for today is 58.00.

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

OSL:NORTH' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2   Med: 6.42   Max: 218
Current: 57.87

During the past years, North Energy ASA's highest Cyclically Adjusted PS Ratio was 218.00. The lowest was 2.00. And the median was 6.42.

OSL:NORTH's Cyclically Adjusted PS Ratio is ranked worse than
96.78% of 902 companies
in the Asset Management industry
Industry Median: 7.66 vs OSL:NORTH: 57.87

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.

North Energy ASA's adjusted revenue per share data for the three months ended in Mar. 2026 was kr0.042. 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 kr0.04 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


North Energy ASA  (OSL:NORTH) 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.


North Energy ASA Cyclically Adjusted PS Ratio Related Terms


North Energy ASA Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for North Energy 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.

North Energy ASA Cyclically Adjusted PS Ratio Chart

North Energy 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 5.39 5.80 46.26 53.17 48.85

North Energy 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 56.27 62.90 72.85 48.85 65.92

OSL:NORTH vs BLK, BX, KKR: Cyclically Adjusted PS Ratio Comparison

For the Asset Management subindustry, North Energy 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.


North Energy ASA Cyclically Adjusted PS Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, North Energy ASA's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


OSL:NORTH
50GF Score
North Energy ASA OSL:NORTH
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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North Energy 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.

North Energy ASA's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2.32/0.04
=58.00

* 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.

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

For example, North Energy 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)
=0.042/141.0300*141.0300
=0.042

Current CPI (Mar. 2026) = 141.0300.

North Energy ASA Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.201 103.800 0.273
201609 0.009 104.200 0.012
201612 -0.172 104.400 -0.232
201703 0.077 105.000 0.103
201706 0.386 105.800 0.515
201709 0.017 105.900 0.023
201712 -0.442 106.100 -0.588
201803 0.005 107.300 0.007
201806 0.004 108.500 0.005
201809 0.002 109.500 0.003
201812 -0.007 109.800 -0.009
201903 0.007 110.400 0.009
201906 0.009 110.600 0.011
201909 0.004 111.100 0.005
201912 -0.007 111.300 -0.009
202003 0.018 111.200 0.023
202006 0.000 112.100 0.000
202009 0.005 112.900 0.006
202012 -0.001 112.900 -0.001
202103 0.002 114.600 0.002
202106 0.001 115.300 0.001
202109 0.003 117.500 0.004
202112 0.001 118.900 0.001
202203 0.004 119.800 0.005
202206 0.002 122.600 0.002
202209 0.007 125.600 0.008
202212 -0.001 125.900 -0.001
202303 0.006 127.600 0.007
202306 0.003 130.400 0.003
202309 0.003 129.800 0.003
202312 0.009 131.900 0.010
202403 0.011 132.600 0.012
202406 0.016 133.800 0.017
202409 0.023 133.700 0.024
202412 0.015 134.800 0.016
202503 0.022 136.100 0.023
202506 0.028 137.800 0.029
202509 0.015 138.500 0.015
202512 0.021 139.100 0.021
202603 0.042 141.030 0.042

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 58.00 mean?
North Energy ASA (OSL:NORTH) has a Cyclically Adjusted PS Ratio of 58.00 as of Jul. 16, 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 North Energy ASA and its competitors. This is 803% above median its historical median of 6.42. Over the past decade, North Energy ASA's Cyclically Adjusted PS Ratio has ranged from 2.00 to 218.00. According to the industry distribution chart, North Energy ASA ranks #873 out of 902 companies in the Asset Management industry, placing it in the top 96.8%.
Is North Energy ASA's Cyclically Adjusted PS Ratio too high?
North Energy ASA's current Cyclically Adjusted PS Ratio of 58.00 is 803% above median its 10-year median of 6.42. Over the past 10 years, this metric has ranged from a low of 2.00 to a high of 218.00. The Asset Management industry median Cyclically Adjusted PS Ratio is 7.66. North Energy ASA's value of 58.00 is 657.2% above this industry median. Based on the distribution chart, North Energy ASA ranks #873 out of 902 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, North Energy ASA has a GF Score™ of 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does North Energy ASA's Cyclically Adjusted PS Ratio compare to BLK and BX?
According to the Asset Management industry distribution chart, North Energy ASA ranks #873 out of 902 companies for Cyclically Adjusted PS Ratio. This places North Energy ASA in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 7.66. North Energy ASA's value of 58.00 is 657.2% above this benchmark. Historically, North Energy ASA's own Cyclically Adjusted PS Ratio has ranged from 2.00 to 218.00 over the past decade. While the company's 10-year median is 6.42 vs. the industry median of 7.66, North Energy 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 an Asset Management company?
The median Cyclically Adjusted PS Ratio among Asset Management companies is 7.66, based on 902 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. North Energy ASA's current Cyclically Adjusted PS Ratio of 58.00 is 657.2% 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 North Energy ASA and its competitors. For the Asset Management industry, the median Cyclically Adjusted PS Ratio is 7.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Energy ASA's current Cyclically Adjusted PS Ratio is 58.00, which is 803% above median its own 10-year median of 6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Energy ASA stock overvalued right now?
Based on GuruFocus' analysis, North Energy ASA (OSL:NORTH) is currently considered Possible Value Trap. The stock's GF Value™ is kr7.70, compared to a current price of kr2.32 — trading 69.9% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 58.00, which is 803% above median its 10-year median of 6.42 and 657.2% above the Asset Management industry median of 7.66. North Energy ASA's overall GF Score™ is 50/100 with 5 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 North Energy ASA (OSL:NORTH), the current Cyclically Adjusted PS Ratio is 58.00 as of Jul. 16, 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 North Energy ASA (OSL:NORTH) Overvalued in 2026?

Based on GuruFocus' analysis, North Energy ASA stock appears to be undervalued. The current stock price of kr2.32 is trading 69.9% below its estimated GF Value™ of kr7.70. GuruFocus considers North Energy ASA to be Possible Value Trap.

Key valuation signals for OSL:NORTH:

  • Cyclically Adjusted PS Ratio: 58.00 (803% above median its 10-year median of 6.42)
  • GF Value™: kr7.70 vs. price of kr2.32 (69.9% below fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 657.2% above the Asset Management median (#873 of 902)

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


North Energy ASA Business Description

Address Tjuvholmen alle 19, Oslo, NOR, 0252
North Energy ASA is an industrial holding company with a portfolio of independent investments, both listed and unlisted. The Group reports only one business segment, the investment activities. The Company evaluates companies both within the traditional energy industry, as well as emerging sectors such as renewable energy production and related activities.
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Get the complete analysis for OSL:NORTH

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

kr2.32
Price
kr7.70
GF Value