Norwegian Air Shuttle ASAOSL:NAS -1.32%70 PS Ratio is 0.41 as of Jul. 02, 2026, which is 5% above its 10-year median of 0.39. GuruFocus rates OSL:NAS with a GF Score™ of 70/100 and a GF Value™ of kr16.09 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 993 Transportation companies, Norwegian Air Shuttle ASA ranks better than 77.34% 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, Norwegian Air Shuttle ASA's share price is kr14.545.
Norwegian Air Shuttle ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr35.41. Hence, Norwegian Air Shuttle ASA's PS Ratio for today is 0.41.
The historical rank and industry rank for Norwegian Air Shuttle ASA's PS Ratio or its related term are showing as below:
OSL:NAS'
s PS Ratio Range Over the Past 10 Years
Min: 0.01 Med: 0.39 Max: 1.89
Current: 0.4
During the past 13 years, Norwegian Air Shuttle ASA's highest PS Ratio was 1.89. The lowest was 0.01. And the median was 0.39.
OSL:NAS's PS Ratio is ranked better than 77.34% of 993
companies
in the Transportation industry
Industry Median: 1.01
vs OSL:NAS: 0.40
Norwegian Air Shuttle ASA revenue per share has been in decline for the last 5 years.
During the past 12 months, the average Revenue per Share Growth Rate of Norwegian Air Shuttle ASA was 4.30% per year.
During the past 3 years, the average Revenue per Share Growth Rate was 27.40% per year.
During the past 5 years, the average Revenue per Share Growth Rate was -8.80% per year.
During the past 10 years, the average Revenue per Share Growth Rate was -61.40% per year.
During the past 13 years, Norwegian Air Shuttle ASA's highest 3-Year average Revenue per Share Growth Rate was 109.50% per year. The lowest was -93.40% per year. And the median was 18.50% per year.
Back to Basics: PS Ratio
Norwegian Air Shuttle ASA (OSL:NAS) 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.
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.
Norwegian Air Shuttle ASA PS Ratio Related Terms
Norwegian Air Shuttle ASA PS Ratio Historical Data
* 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 Airlines subindustry, Norwegian Air Shuttle 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.
Norwegian Air Shuttle ASA PS Ratio vs Transportation Industry
For the Transportation industry and Industrials sector, Norwegian Air Shuttle ASA's PS Ratio distribution charts can be found below:
* The bar in red indicates where Norwegian Air Shuttle ASA's PS Ratio falls into.
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.
Norwegian Air Shuttle ASA's Share Price of today is kr14.545. Norwegian Air Shuttle 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 kr35.41.
* 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:
Norwegian Air Shuttle ASA (OSL:NAS) has a PS Ratio of 0.41 as of Jul. 02, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Norwegian Air Shuttle ASA and its competitors. This is near median its historical median of 0.39. Over the past decade, Norwegian Air Shuttle ASA's PS Ratio has ranged from 0.01 to 1.89. According to the industry distribution chart, Norwegian Air Shuttle ASA ranks #225 out of 993 companies in the Transportation industry, placing it in the top 22.7%.
Is Norwegian Air Shuttle ASA's PS Ratio too high?
Norwegian Air Shuttle ASA's current PS Ratio of 0.41 is near median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.89. The Transportation industry median PS Ratio is 1.01. Norwegian Air Shuttle ASA's value of 0.41 is 59.4% below this industry median. Based on the distribution chart, Norwegian Air Shuttle ASA ranks #225 out of 993 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Norwegian Air Shuttle ASA has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Air Shuttle ASA's PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Norwegian Air Shuttle ASA ranks #225 out of 993 companies for PS Ratio. This places Norwegian Air Shuttle ASA in the top 23% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.01. Norwegian Air Shuttle ASA's value of 0.41 is 59.4% below this benchmark. Historically, Norwegian Air Shuttle ASA's own PS Ratio has ranged from 0.01 to 1.89 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 1.01, Norwegian Air Shuttle ASA 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 PS Ratio for a Transportation company?
The median PS Ratio among Transportation companies is 1.01, based on 993 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. Norwegian Air Shuttle ASA's current PS Ratio of 0.41 is 59.4% 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 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 Norwegian Air Shuttle ASA and its competitors. For the Transportation industry, the median PS Ratio is 1.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Air Shuttle ASA's current PS Ratio is 0.41, which is near median its own 10-year median of 0.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Air Shuttle ASA stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA (OSL:NAS) is currently considered Modestly Undervalued. The stock's GF Value™ is kr16.09, compared to a current price of kr14.55 — trading 9.6% below its estimated fair value. The current PS Ratio is 0.41, which is near median its 10-year median of 0.39 and 59.4% below the Transportation industry median of 1.01. Norwegian Air Shuttle ASA's overall GF Score™ is 70/100 with 4 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 Norwegian Air Shuttle ASA (OSL:NAS), the current PS Ratio is 0.41 as of Jul. 02, 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 Norwegian Air Shuttle ASA (OSL:NAS) Overvalued in 2026?
Based on GuruFocus' analysis, Norwegian Air Shuttle ASA stock appears to be undervalued.
The current stock price of kr14.55 is trading 9.6% below its estimated GF Value™ of kr16.09.
GuruFocus considers Norwegian Air Shuttle ASA to be Modestly Undervalued.
Key valuation signals for OSL:NAS:
PS Ratio: 0.41 (near median its 10-year median of 0.39)
GF Value™: kr16.09 vs. price of kr14.55 (9.6% below fair value)
Industry Position: 59.4% below the Transportation median (#225 of 993)
No single metric tells the full story. See the OSL:NAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Norwegian Air Shuttle ASA is an airline that operates short-haul flights across the Nordic countries and to destinations in Europe. The company has organized its operations into four functional business areas, including Commercial, Operations, Wideroe and Support Functions. With over three hundred routes in its network, Norwegian Air Shuttle provides passengers with quality flights at affordable fares. The company's focus is on low-cost air travel for passengers, and it believes in offering friendly and helpful service while maintaining operational excellence.
70GF Score
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