North Energy ASA (OSL:NORTH) Cyclically Adjusted Revenue per Share: kr0.04 (As of Mar. 2026)

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OSL:NORTH North Energy ASA OSL:NORTH
50 GF Score
Price kr2.33
GF Value kr7.70
Valuation Possible Value Trap
! 5 Warning Signs
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What is North Energy ASA Cyclically Adjusted Revenue per Share?

North Energy ASA OSL:NORTH -2.10% 50 Cyclically Adjusted Revenue per Share is kr0.04 as of Mar. 2026. 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.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 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 the count will get our Cyclically Adjusted Revenue per Share, which is kr0.04 for the trailing ten years ended in Mar. 2026.

During the past 12 months, North Energy ASA's average Cyclically Adjusted Revenue Growth Rate was -20.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was -48.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -44.10% 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 Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of North Energy ASA was -3.10% per year. The lowest was -56.00% per year. And the median was -48.70% per year.

As of today (2026-07-16), North Energy ASA's current stock price is kr2.33. 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 of today is 58.25.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of North Energy ASA was 218.00. The lowest was 2.00. And the median was 6.42.


North Energy ASA  (OSL:NORTH) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2.33/0.04
=58.25

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of North Energy ASA was 218.00. The lowest was 2.00. And the median was 6.42.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


North Energy ASA Cyclically Adjusted Revenue per Share Related Terms


North Energy ASA Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for North Energy ASA's Cyclically Adjusted Revenue 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.

North Energy ASA Cyclically Adjusted Revenue per Share Chart

North Energy ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.37 0.04 0.05 0.05

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 Revenue 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 0.05 0.04 0.04 0.05 0.04

OSL:NORTH vs BLK, BX, KKR: Cyclically Adjusted Revenue per Share 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 Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

North Energy ASA Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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.

What does a Cyclically Adjusted Revenue per Share of kr0.04 mean?
North Energy ASA (OSL:NORTH) has a Cyclically Adjusted Revenue per Share of kr0.04 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on North Energy ASA and its competitors.
Is North Energy ASA's Cyclically Adjusted Revenue per Share too high?
North Energy ASA's current Cyclically Adjusted Revenue per Share is kr0.04. 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 Revenue per Share compare to BLK and BX?
North Energy ASA's Cyclically Adjusted Revenue per Share of kr0.04 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for an Asset Management company?
A good Cyclically Adjusted Revenue per Share depends on the Asset Management industry context. However, Cyclically Adjusted Revenue 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 Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on North Energy ASA and its competitors. North Energy ASA's current Cyclically Adjusted Revenue per Share is kr0.04. 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 kr2.33 — trading 69.7% below its estimated fair value. The current Cyclically Adjusted Revenue per Share is kr0.04. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For North Energy ASA (OSL:NORTH), the current Cyclically Adjusted Revenue per Share is kr0.04 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 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 kr2.33 is trading 69.7% 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 Revenue per Share: kr0.04
  • GF Value™: kr7.70 vs. price of kr2.33 (69.7% below fair value)
  • GF Score™: 50/100 with 5 warning signs

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.
50GF Score

Get the complete analysis for OSL:NORTH

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

kr2.33
Price
kr7.70
GF Value