NorAm Drilling AS (OSL:NORAM) 6-Month Price Index: 1.35 (As of Aug. 16, 2026)

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OSL:NORAM NorAm Drilling AS OSL:NORAM
87 GF Score
Price kr45.50
GF Value kr33.86
Valuation Significantly Overvalued
! 3 Warning Signs
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What is NorAm Drilling AS 6-Month Price Index?

NorAm Drilling AS OSL:NORAM +0.66% 87 6-Month Price Index is 1.35 as of Aug. 16, 2026. GuruFocus rates OSL:NORAM with a GF Score™ of 87/100 and a GF Value™ of kr33.86 (Significantly Overvalued). The stock has 3 warning signs investors should review.

6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. It’s calculated by current share price divided by share price 6-months ago. As of today (2026-08-16), NorAm Drilling AS's 6-Month Price Index is 1.35.

NorAm Drilling AS  (OSL:NORAM) 6-Month Price Index Explanation

Price Index (PI) also called momentum. Strategies involving Price Index are also known as momentum strategies as they allow investors to profit from a company’s stock price. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago.

The investment strategy for momentum investors is to buy winners and sell losers. That is, buy stocks that performed well and sell stocks that performed poorly in the past.

NorAm Drilling AS 6-Month Price Index Related Terms

OSL:NORAM vs SLB, BKR, FTI: 6-Month Price Index Comparison

For the Oil & Gas Equipment & Services subindustry, NorAm Drilling AS's 6-Month Price Index, along with its competitors' market caps and 6-Month Price Index 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.

OSL:NORAM
87GF Score
NorAm Drilling AS OSL:NORAM
6-Month Price Index is just one metric. See GF Score™, valuation, warning signs, and more.
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NorAm Drilling AS  (OSL:NORAM) 6-Month Price Index Calculation

6-Month Price Index is calculated as following:

6-Month Price Index=Current Share Price / Share Price 6-Months Ago

* 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.

Frequently Asked Questions Learn more about 6-Month Price Index →
What does a 6-Month Price Index of 1.35 mean?
NorAm Drilling AS (OSL:NORAM) has a 6-Month Price Index of 1.35 as of Aug. 16, 2026. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on NorAm Drilling AS and its competitors.
Is NorAm Drilling AS's 6-Month Price Index too high?
NorAm Drilling AS's current 6-Month Price Index is 1.35. Overall, NorAm Drilling AS has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NorAm Drilling AS's 6-Month Price Index compare to SLB and BKR?
NorAm Drilling AS's 6-Month Price Index of 1.35 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 6-Month Price Index for an Oil & Gas company?
A good 6-Month Price Index depends on the Oil & Gas industry context. However, 6-Month Price Index 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 6-Month Price Index mean?
A high 6-Month Price Index can signal that a stock is expensive relative to its fundamentals. 6-Month Price Index is an intermediate-term momentum that shows the price change relative to 6-month ago. View historical data on NorAm Drilling AS and its competitors. NorAm Drilling AS's current 6-Month Price Index is 1.35. 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 Significantly Overvalued. The stock's GF Value™ is kr33.86, compared to a current price of kr45.50 — trading 34.4% above its estimated fair value. The current 6-Month Price Index is 1.35. 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 6-Month Price Index calculated?
6-Month Price Index is calculated from a company's financial statements. For NorAm Drilling AS (OSL:NORAM), the current 6-Month Price Index is 1.35 as of Aug. 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 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 kr45.50 is trading 34.4% above its estimated GF Value™ of kr33.86. GuruFocus considers NorAm Drilling AS to be Significantly Overvalued.

Key valuation signals for OSL:NORAM:

  • 6-Month Price Index: 1.35
  • GF Value™: kr33.86 vs. price of kr45.50 (34.4% above fair value)
  • GF Score™: 87/100 with 3 warning signs

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 Business Description

Industry EnergyOil & Gas
Other Exchanges TM9:Germany
Address Bryggegata 3, P.O. Box 1327 - Vika, Oslo, NOR, 0112
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

Get the complete analysis for OSL:NORAM

6-Month Price Index is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr45.50
Price
kr33.86
GF Value