Norsk Hydro ASAOSL:NHY +0.26%88 PEG Ratio is 3.41 as of Jul. 11, 2026, which is 417% above its 10-year median of 0.66. GuruFocus rates OSL:NHY with a GF Score™ of 88/100 and a GF Value™ of kr68.36 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 315 Metals & Mining companies, Norsk Hydro ASA ranks worse than 77.78% on this metric.
* The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
The historical rank and industry rank for Norsk Hydro ASA's PEG Ratio or its related term are showing as below:
OSL:NHY'
s PEG Ratio Range Over the Past 10 Years
Min: 0.22 Med: 0.66 Max: 244.8
Current: 3.41
During the past 13 years, Norsk Hydro ASA's highest PEG Ratio was 244.80. The lowest was 0.22. And the median was 0.66.
OSL:NHY's PEG Ratio is ranked worse than 77.78% of 315
companies
in the Metals & Mining industry
Industry Median: 1.17
vs OSL:NHY: 3.41
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
Norsk Hydro ASA (OSL:NHY) PEG Ratio Explanation
To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the P/E ratio divided by the growth ratio. He thinks a company with a P/E ratio equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a P/E of 20, instead of a company growing 10% a year with a P/E of 10.
Norsk Hydro ASA PEG Ratio Related Terms
Norsk Hydro ASA PEG Ratio Historical Data
* Premium members only.
The historical data trend for Norsk Hydro ASA's PEG 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.
For the Aluminum subindustry, Norsk Hydro ASA's PEG Ratio, along with its competitors' market caps and PEG 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.
Norsk Hydro ASA PEG Ratio vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's PEG Ratio distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's PEG Ratio falls into.
* 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.
* Note: The 5-Year EBITDA Growth Rate is the 5-year average EBITDA per share growth rate. While the denominator is a percentage, we use the whole number as opposed to the decimal form for the calculation. For example, 5% would be shown as 5 as opposed to 0.05. If it's smaller than or equal to 0, then the PEG Ratio is not calculated.
Norsk Hydro ASA (OSL:NHY) has a PEG Ratio of 3.41 as of Jul. 11, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Norsk Hydro ASA and its competitors. This is 417% above median its historical median of 0.66. Over the past decade, Norsk Hydro ASA's PEG Ratio has ranged from 0.22 to 244.80. According to the industry distribution chart, Norsk Hydro ASA ranks #245 out of 315 companies in the Metals & Mining industry, placing it in the top 77.8%.
Is Norsk Hydro ASA's PEG Ratio too high?
Norsk Hydro ASA's current PEG Ratio of 3.41 is 417% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 244.80. The Metals & Mining industry median PEG Ratio is 1.17. Norsk Hydro ASA's value of 3.41 is 191.5% above this industry median. Based on the distribution chart, Norsk Hydro ASA ranks #245 out of 315 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Norsk Hydro ASA has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norsk Hydro ASA's PEG Ratio compare to AA and CENX?
According to the Metals & Mining industry distribution chart, Norsk Hydro ASA ranks #245 out of 315 companies for PEG Ratio. This places Norsk Hydro ASA in the lower half of its industry. The industry median PEG Ratio is 1.17. Norsk Hydro ASA's value of 3.41 is 191.5% above this benchmark. Historically, Norsk Hydro ASA's own PEG Ratio has ranged from 0.22 to 244.80 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 1.17, Norsk Hydro 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 PEG Ratio for a Metals & Mining company?
The median PEG Ratio among Metals & Mining companies is 1.17, based on 315 companies in the industry. Companies in the top quartile (top 25%) have a PEG Ratio significantly above this median, while those in the bottom quartile fall well below. However, PEG Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Norsk Hydro ASA's current PEG Ratio of 3.41 is 191.5% 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 PEG Ratio mean?
A high PEG Ratio can signal that a stock is expensive relative to its fundamentals. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on Norsk Hydro ASA and its competitors. For the Metals & Mining industry, the median PEG Ratio is 1.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norsk Hydro ASA's current PEG Ratio is 3.41, which is 417% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norsk Hydro ASA stock overvalued right now?
Based on GuruFocus' analysis, Norsk Hydro ASA (OSL:NHY) is currently considered Modestly Overvalued. The stock's GF Value™ is kr68.36, compared to a current price of kr85.06 — trading 24.4% above its estimated fair value. The current PEG Ratio is 3.41, which is 417% above median its 10-year median of 0.66 and 191.5% above the Metals & Mining industry median of 1.17. Norsk Hydro ASA's overall GF Score™ is 88/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PEG Ratio calculated?
PEG Ratio is calculated from a company's financial statements. For Norsk Hydro ASA (OSL:NHY), the current PEG Ratio is 3.41 as of Jul. 11, 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 Norsk Hydro ASA (OSL:NHY) Overvalued in 2026?
Based on GuruFocus' analysis, Norsk Hydro ASA stock appears to be overvalued.
The current stock price of kr85.06 is trading 24.4% above its estimated GF Value™ of kr68.36.
GuruFocus considers Norsk Hydro ASA to be Modestly Overvalued.
Key valuation signals for OSL:NHY:
PEG Ratio: 3.41 (417% above median its 10-year median of 0.66)
GF Value™: kr68.36 vs. price of kr85.06 (24.4% above fair value)
Industry Position: 191.5% above the Metals & Mining median (#245 of 315)
No single metric tells the full story. See the OSL:NHY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norsk Hydro ASA is an aluminium and renewable energy company. The company owns and operates businesses and holds investments in sustainable industries. Its operations span multiple market segments, including aluminum, energy, metal recycling, renewable energy, and batteries, providing expertise across these areas. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Energy, Hydro Aluminium Metal and Hydro Extrusions and Hydro Metal Markets activities. The majority of the company's revenue is derived from the Hydro Extrusions segment, which delivers products within extruded profiles, building systems and precision tubing, and operates several recycling facilities, both integrated with its extrusion plants and separate plants.
88GF Score
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