NorAm Drilling ASOSL:NORAM +1.97%87 PEG Ratio is 0.47 as of Jul. 03, 2026, which is 67% below its 10-year median of 1.43. GuruFocus rates OSL:NORAM with a GF Score™ of 87/100 and a GF Value™ of kr33.77 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 303 Oil & Gas companies, NorAm Drilling AS ranks better than 72.94% 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 NorAm Drilling AS's PEG Ratio or its related term are showing as below:
OSL:NORAM'
s PEG Ratio Range Over the Past 10 Years
Min: 0.41 Med: 1.43 Max: 2.62
Current: 0.46
During the past 7 years, NorAm Drilling AS's highest PEG Ratio was 2.62. The lowest was 0.41. And the median was 1.43.
OSL:NORAM's PEG Ratio is ranked better than 72.94% of 303
companies
in the Oil & Gas industry
Industry Median: 0.96
vs OSL:NORAM: 0.46
Peter Lynch thinks a company with a P/E ratio equal to its growth rate is fairly valued.
NorAm Drilling AS (OSL:NORAM) 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.
NorAm Drilling AS PEG Ratio Related Terms
NorAm Drilling AS PEG Ratio Historical Data
* Premium members only.
The historical data trend for NorAm Drilling AS'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 Oil & Gas Equipment & Services subindustry, NorAm Drilling AS'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.
NorAm Drilling AS PEG Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, NorAm Drilling AS's PEG Ratio distribution charts can be found below:
* The bar in red indicates where NorAm Drilling AS'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.
NorAm Drilling AS (OSL:NORAM) has a PEG Ratio of 0.47 as of Jul. 03, 2026. Price-earnings to growth ratio is the ratio of price-earnings to a company's earnings growth rate. View historical data on NorAm Drilling AS and its competitors. This is 67% below median its historical median of 1.43. Over the past decade, NorAm Drilling AS's PEG Ratio has ranged from 0.41 to 2.62. According to the industry distribution chart, NorAm Drilling AS ranks #82 out of 303 companies in the Oil & Gas industry, placing it in the top 27.1%.
Is NorAm Drilling AS's PEG Ratio too high?
NorAm Drilling AS's current PEG Ratio of 0.47 is 67% below median its 10-year median of 1.43. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 2.62. The Oil & Gas industry median PEG Ratio is 0.96. NorAm Drilling AS's value of 0.47 is 51% below this industry median. Based on the distribution chart, NorAm Drilling AS ranks #82 out of 303 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's PEG Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, NorAm Drilling AS ranks #82 out of 303 companies for PEG Ratio. This puts NorAm Drilling AS in the upper half of its industry. The industry median PEG Ratio is 0.96. NorAm Drilling AS's value of 0.47 is 51% below this benchmark. Historically, NorAm Drilling AS's own PEG Ratio has ranged from 0.41 to 2.62 over the past decade. While the company's 10-year median is 1.43 vs. the industry median of 0.96, NorAm Drilling AS has consistently been below 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 an Oil & Gas company?
The median PEG Ratio among Oil & Gas companies is 0.96, based on 303 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. NorAm Drilling AS's current PEG Ratio of 0.47 is 51% below 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 NorAm Drilling AS and its competitors. For the Oil & Gas industry, the median PEG Ratio is 0.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NorAm Drilling AS's current PEG Ratio is 0.47, which is 67% below median its own 10-year median of 1.43. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NorAm Drilling AS stock overvalued right now?
Based on GuruFocus' analysis, NorAm Drilling AS (OSL:NORAM) is currently considered Modestly Overvalued. The stock's GF Value™ is kr33.77, compared to a current price of kr38.85 — trading 15% above its estimated fair value. The current PEG Ratio is 0.47, which is 67% below median its 10-year median of 1.43 and 51% below the Oil & Gas industry median of 0.96. NorAm Drilling AS's overall GF Score™ is 87/100 with 3 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 NorAm Drilling AS (OSL:NORAM), the current PEG Ratio is 0.47 as of Jul. 03, 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 NorAm Drilling AS (OSL:NORAM) Overvalued in 2026?
Based on GuruFocus' analysis, NorAm Drilling AS stock appears to be overvalued.
The current stock price of kr38.85 is trading 15% above its estimated GF Value™ of kr33.77.
GuruFocus considers NorAm Drilling AS to be Modestly Overvalued.
Key valuation signals for OSL:NORAM:
PEG Ratio: 0.47 (67% below median its 10-year median of 1.43)
GF Value™: kr33.77 vs. price of kr38.85 (15% above fair value)
Industry Position: 51% below the Oil & Gas median (#82 of 303)
No single metric tells the full story. See the OSL:NORAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NorAm Drilling AS owns and operates a quality rig portfolio of super spec developed high-end AC driven rigs tailored for the drilling of horizontal wells in the USA land drilling market. These rigs are designed to combine the cost efficiency of a compact rig with the versatility of different rig classes, enabling the rigs to cover a broad range of wells for both liquids and gas. The group's operating segments are NorAm Drilling Company, which derives maximum revenue, and NorAm Drilling AS.
87GF Score
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