NLLSY (NEL ASA) PS Ratio: 4.90 (As of Jul. 01, 2026) — 62% Below Median


NLLSY NEL ASA NLLSY
79 GF Score
Price $7.67
GF Value $8.56
Valuation Modestly Undervalued
! 5 Warning Signs
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What is NEL ASA PS Ratio?

NEL ASA NLLSY -1.16% 79 PS Ratio is 4.90 as of Jul. 01, 2026, which is 62% below its 10-year median of 13.00. GuruFocus rates NLLSY with a GF Score™ of 79/100 and a GF Value™ of $8.56 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 3,022 Industrial Products companies, NEL ASA ranks worse than 73.83% on this metric.

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, NEL ASA's share price is $7.67. NEL ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.56. Hence, NEL ASA's PS Ratio for today is 4.90.

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

NLLSY' s PS Ratio Range Over the Past 10 Years
Min: 2.38   Med: 13   Max: 77.78
Current: 4.42

During the past 13 years, NEL ASA's highest PS Ratio was 77.78. The lowest was 2.38. And the median was 13.00.

NLLSY's PS Ratio is ranked worse than
73.83% of 3022 companies
in the Industrial Products industry
Industry Median: 2.09 vs NLLSY: 4.42

NEL ASA's Revenue per Sharefor the three months ended in Mar. 2026 was $0.25. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $1.56.

Warning Sign:

NEL ASA revenue per share has been in decline over the past 3 years.

During the past 12 months, the average Revenue per Share Growth Rate of NEL ASA was -31.30% per year. During the past 3 years, the average Revenue per Share Growth Rate was -3.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was 8.90% per year. During the past 10 years, the average Revenue per Share Growth Rate was 16.10% per year.

During the past 13 years, NEL ASA's highest 3-Year average Revenue per Share Growth Rate was 90.90% per year. The lowest was -59.70% per year. And the median was 14.30% per year.

Back to Basics: PS Ratio


NEL ASA  (OTCPK:NLLSY) PS Ratio Explanation

The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.

When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.

Similar to the PE Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PS Ratio measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.


NEL ASA PS Ratio Related Terms


NEL ASA PS Ratio Historical Data

* Premium members only.

The historical data trend for NEL ASA's 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.

NEL ASA PS Ratio Chart

NEL ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.19 21.48 7.78 3.25 4.19

NEL ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.15 3.84 3.59 4.19 4.05

NLLSY vs GEV, ETN, PH: PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, NEL ASA's PS Ratio, along with its competitors' market caps and 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.


NEL ASA PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NEL ASA's PS Ratio distribution charts can be found below:

* The bar in red indicates where NEL ASA's PS Ratio falls into.


NLLSY
79GF Score
NEL ASA NLLSY
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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NEL ASA PS Ratio Calculation

The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.

NEL ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=7.67/1.564
=4.90

NEL ASA's Share Price of today is $7.67.
NEL ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.56.

* 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.

It can also be calculated from the numbers for the whole company:

PS Ratio=Market Cap/Revenue

The Revenue here is for the trailing 12 months.

Frequently Asked Questions Learn more about PS Ratio →
What does a PS Ratio of 4.90 mean?
NEL ASA (NLLSY) has a PS Ratio of 4.90 as of Jul. 01, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NEL ASA and its competitors. This is 62% below median its historical median of 13.00. Over the past decade, NEL ASA's PS Ratio has ranged from 2.38 to 77.78. According to the industry distribution chart, NEL ASA ranks #2231 out of 3022 companies in the Industrial Products industry, placing it in the top 73.8%.
Is NEL ASA's PS Ratio too high?
NEL ASA's current PS Ratio of 4.90 is 62% below median its 10-year median of 13.00. Over the past 10 years, this metric has ranged from a low of 2.38 to a high of 77.78. The Industrial Products industry median PS Ratio is 2.09. NEL ASA's value of 4.90 is 134.4% above this industry median. Based on the distribution chart, NEL ASA ranks #2231 out of 3022 companies in the Industrial Products industry, which is below the industry midpoint. Overall, NEL ASA has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NEL ASA's PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, NEL ASA ranks #2231 out of 3022 companies for PS Ratio. This places NEL ASA in the lower half of its industry. The industry median PS Ratio is 2.09. NEL ASA's value of 4.90 is 134.4% above this benchmark. Historically, NEL ASA's own PS Ratio has ranged from 2.38 to 77.78 over the past decade. While the company's 10-year median is 13.00 vs. the industry median of 2.09, NEL 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 PS Ratio for an Industrial Products company?
The median PS Ratio among Industrial Products companies is 2.09, based on 3,022 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. NEL ASA's current PS Ratio of 4.90 is 134.4% 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on NEL ASA and its competitors. For the Industrial Products industry, the median PS Ratio is 2.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEL ASA's current PS Ratio is 4.90, which is 62% below median its own 10-year median of 13.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEL ASA stock overvalued right now?
Based on GuruFocus' analysis, NEL ASA (NLLSY) is currently considered Modestly Undervalued. The stock's GF Value™ is $8.56, compared to a current price of $7.67 — trading 10.4% below its estimated fair value. The current PS Ratio is 4.90, which is 62% below median its 10-year median of 13.00 and 134.4% above the Industrial Products industry median of 2.09. NEL ASA's overall GF Score™ is 79/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For NEL ASA (NLLSY), the current PS Ratio is 4.90 as of Jul. 01, 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 NEL ASA (NLLSY) Overvalued in 2026?

Based on GuruFocus' analysis, NEL ASA stock appears to be undervalued. The current stock price of $7.67 is trading 10.4% below its estimated GF Value™ of $8.56. GuruFocus considers NEL ASA to be Modestly Undervalued.

Key valuation signals for NLLSY:

  • PS Ratio: 4.90 (62% below median its 10-year median of 13.00)
  • GF Value™: $8.56 vs. price of $7.67 (10.4% below fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 134.4% above the Industrial Products median (#2231 of 3022)

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


NEL ASA Business Description

Address Karenslyst alle 49, Oslo, NOR, N-0279
NEL ASA is a hydrogen company delivering optimal solutions to produce, store, and distribute hydrogen from renewable energy. It serves industries, energy, and gas companies with hydrogen technology. The company's hydrogen solutions cover the entire value chain from hydrogen production technologies to the manufacturing of hydrogen fueling stations, providing all fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles. The company's segments include Nel Alkaline Electrolyser and Nel PEM Electrolyser. It generates maximum revenue from the Nel Alkaline Electrolyser. Nel Alkaline Electrolyser is a supplier of hydrogen production equipment based on alkaline water electrolysis technology.
79GF Score

Get the complete analysis for NLLSY

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

$7.67
Price
$8.56
GF Value