Norse Atlantic ASA (OSL:NORSE) PS Ratio: 0.02 (As of Jul. 06, 2026) — 88% Below Median


OSL:NORSE Norse Atlantic ASA OSL:NORSE
29 GF Score
Price kr0.50
GF Value kr3.37
Valuation Possible Value Trap
! 3 Warning Signs
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What is Norse Atlantic ASA PS Ratio?

Norse Atlantic ASA OSL:NORSE +2.06% 29 PS Ratio is 0.02 as of Jul. 06, 2026, which is 88% below its 10-year median of 0.16. GuruFocus rates OSL:NORSE with a GF Score™ of 29/100 and a GF Value™ of kr3.37 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 995 Transportation companies, Norse Atlantic ASA ranks better than 99.8% 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, Norse Atlantic ASA's share price is kr0.496. Norse Atlantic ASA's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr26.57. Hence, Norse Atlantic ASA's PS Ratio for today is 0.02.

Good Sign:

Norse Atlantic ASA stock PS Ratio (=0.02) is close to 5-year low of 0.02.

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

OSL:NORSE' s PS Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.16   Max: 25.46
Current: 0.02

During the past 5 years, Norse Atlantic ASA's highest PS Ratio was 25.46. The lowest was 0.02. And the median was 0.16.

OSL:NORSE's PS Ratio is ranked better than
99.8% of 995 companies
in the Transportation industry
Industry Median: 1.04 vs OSL:NORSE: 0.02

Norse Atlantic ASA's Revenue per Sharefor the three months ended in Mar. 2026 was kr5.24. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was kr26.57.

Warning Sign:

Norse Atlantic ASA revenue per share is in decline over the past 12 months.

During the past 12 months, the average Revenue per Share Growth Rate of Norse Atlantic ASA was -3.40% per year. During the past 3 years, the average Revenue per Share Growth Rate was 0.30% per year.

During the past 5 years, Norse Atlantic ASA's highest 3-Year average Revenue per Share Growth Rate was 0.30% per year. The lowest was 0.30% per year. And the median was 0.30% per year.

Back to Basics: PS Ratio


Norse Atlantic ASA  (OSL:NORSE) 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.


Norse Atlantic ASA PS Ratio Related Terms


Norse Atlantic ASA PS Ratio Historical Data

* Premium members only.

The historical data trend for Norse Atlantic 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.

Norse Atlantic ASA PS Ratio Chart

Norse Atlantic ASA Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
PS Ratio
0.00 0.16 0.18 0.08 0.13

Norse Atlantic ASA Quarterly Data
Feb20 Jun21 Dec21 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 0.11 0.16 0.18 0.13 0.08

OSL:NORSE vs DAL, UAL, LUV: PS Ratio Comparison

For the Airlines subindustry, Norse Atlantic 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.


Norse Atlantic ASA PS Ratio vs Transportation Industry

For the Transportation industry and Industrials sector, Norse Atlantic ASA's PS Ratio distribution charts can be found below:

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


OSL:NORSE
29GF Score
Norse Atlantic ASA OSL:NORSE
PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norse Atlantic 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.

Norse Atlantic ASA's PS Ratio for today is calculated as

PS Ratio=Share Price/Revenue per Share (TTM)
=0.496/26.567
=0.02

Norse Atlantic ASA's Share Price of today is kr0.496.
Norse Atlantic 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 kr26.57.

* 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 0.02 mean?
Norse Atlantic ASA (OSL:NORSE) has a PS Ratio of 0.02 as of Jul. 06, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on Norse Atlantic ASA and its competitors. This is 88% below median its historical median of 0.16. Over the past decade, Norse Atlantic ASA's PS Ratio has ranged from 0.02 to 25.46. According to the industry distribution chart, Norse Atlantic ASA ranks #2 out of 995 companies in the Transportation industry, placing it in the top 0.2%.
Is Norse Atlantic ASA's PS Ratio too high?
Norse Atlantic ASA's current PS Ratio of 0.02 is 88% below median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 25.46. The Transportation industry median PS Ratio is 1.04. Norse Atlantic ASA's value of 0.02 is 98.1% below this industry median. Based on the distribution chart, Norse Atlantic ASA ranks #2 out of 995 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Norse Atlantic ASA has a GF Score™ of 29/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Norse Atlantic ASA's PS Ratio compare to DAL and UAL?
According to the Transportation industry distribution chart, Norse Atlantic ASA ranks #2 out of 995 companies for PS Ratio. This places Norse Atlantic ASA in the top 0% of its industry — outperforming the majority of peers. The industry median PS Ratio is 1.04. Norse Atlantic ASA's value of 0.02 is 98.1% below this benchmark. Historically, Norse Atlantic ASA's own PS Ratio has ranged from 0.02 to 25.46 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 1.04, Norse Atlantic 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 1.04, based on 995 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. Norse Atlantic ASA's current PS Ratio of 0.02 is 98.1% 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 Norse Atlantic ASA and its competitors. For the Transportation industry, the median PS Ratio is 1.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norse Atlantic ASA's current PS Ratio is 0.02, which is 88% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norse Atlantic ASA stock overvalued right now?
Based on GuruFocus' analysis, Norse Atlantic ASA (OSL:NORSE) is currently considered Possible Value Trap. The stock's GF Value™ is kr3.37, compared to a current price of kr0.50 — trading 85.3% below its estimated fair value. The current PS Ratio is 0.02, which is 88% below median its 10-year median of 0.16 and 98.1% below the Transportation industry median of 1.04. Norse Atlantic ASA's overall GF Score™ is 29/100 with 3 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 Norse Atlantic ASA (OSL:NORSE), the current PS Ratio is 0.02 as of Jul. 06, 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 Norse Atlantic ASA (OSL:NORSE) Overvalued in 2026?

Based on GuruFocus' analysis, Norse Atlantic ASA stock appears to be undervalued. The current stock price of kr0.50 is trading 85.3% below its estimated GF Value™ of kr3.37. GuruFocus considers Norse Atlantic ASA to be Possible Value Trap.

Key valuation signals for OSL:NORSE:

  • PS Ratio: 0.02 (88% below median its 10-year median of 0.16)
  • GF Value™: kr3.37 vs. price of kr0.50 (85.3% below fair value)
  • GF Score™: 29/100 with 3 warning signs
  • Industry Position: 98.1% below the Transportation median (#2 of 995)

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


Norse Atlantic ASA Business Description

Address Floyveien 14, Arendal, NOR, 4838
Norse Atlantic ASA is an airline offering affordable fares on direct, long-haul flights to popular destinations, along with specialized charter and ACMI services for tailored travel needs and extensive cargo operations. It operates a modern fleet of various fuel-efficient Boeing 787 Dreamliners, serving a network of destinations across North America, Europe, Africa, and Asia. Norse also provides charter flights for third parties, particularly during the lower-demand winter season. The company derives the majority of its revenue from passenger airfare income, followed by ancillary passenger income, lease rentals, charter income, and other sources. Geographically, it generates maximum revenue from the United States, and the rest from the United Kingdom, the Rest of Europe, Norway, and India.
29GF Score

Get the complete analysis for OSL:NORSE

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

kr0.50
Price
kr3.37
GF Value