Groenlandsbanken AS
GrønlandsBANKEN A/S provides various financial services to private and business customers, and public institutions in Greenland. It offers housing services, including buying a home, loan restructuring, purchase of cooperative apartment, renovation, property sale, construction or renovation, and equity services; car, snowmobile, Minguik environmental, personal, boat, and quick loans; Qimatut and l… Read more
Market Cap & Net Worth: Groenlandsbanken AS (GRLA)
Groenlandsbanken AS (CO:GRLA) has a market capitalization of $236.59 Million (Dkr1.72 Billion) as of March 18, 2026. Listed on the CO stock exchange, this Denmark-based company holds position #15356 globally and #30 in its home market, demonstrating a -4.50% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Groenlandsbanken AS's stock price Dkr955.00 by its total outstanding shares 1800000 (1.80 Million).
Groenlandsbanken AS Market Cap History: 2015 to 2026
Groenlandsbanken AS's market capitalization history from 2015 to 2026. Data shows growth from $101.53 Million to $236.59 Million (8.64% CAGR).
Groenlandsbanken AS Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Groenlandsbanken AS's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.28x
Groenlandsbanken AS's market cap is 0.28 times its annual revenue
0.23x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
0.83x
Groenlandsbanken AS's market cap is 0.83 times its annual earnings
1.18x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $101.53 Million | $283.93 Million | $72.73 Million | 0.36x | 1.40x |
| 2016 | $109.09 Million | $281.37 Million | $77.39 Million | 0.39x | 1.41x |
| 2017 | $126.07 Million | $301.83 Million | $90.45 Million | 0.42x | 1.39x |
| 2018 | $111.42 Million | $312.38 Million | $112.89 Million | 0.36x | 0.99x |
| 2019 | $117.63 Million | $330.53 Million | $129.92 Million | 0.36x | 0.91x |
| 2020 | $127.35 Million | $312.28 Million | $96.23 Million | 0.41x | 1.32x |
| 2021 | $134.45 Million | $332.97 Million | $132.83 Million | 0.40x | 1.01x |
| 2022 | $141.52 Million | $300.76 Million | $98.75 Million | 0.47x | 1.43x |
| 2023 | $154.84 Million | $568.34 Million | $192.40 Million | 0.27x | 0.80x |
| 2024 | $173.42 Million | $621.20 Million | $209.01 Million | 0.28x | 0.83x |
Competitor Companies of GRLA by Market Capitalization
Companies near Groenlandsbanken AS in the global market cap rankings as of March 18, 2026.
Key companies related to Groenlandsbanken AS by market ranking:
- Turkiye Is Bankasi AS Class B (IS:ISBTR): Ranked #1 globally with a market cap of $94.82 Trillion USD ( TL3362.39 Trillion TRY).
- State Bank of India GDR (LSE:SBID): Ranked #23 globally with a market cap of $472.37 Billion USD.
- Australia and New Zealand Banking Group Ltd (AU:AN3PK): Ranked #80 globally with a market cap of $189.74 Billion USD ( AU$306.43 Billion AUD).
- China Merchants Bank Co Ltd (PINK:CIHKY): Ranked #108 globally with a market cap of $157.57 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1 | Turkiye Is Bankasi AS Class B | IS:ISBTR | $94.82 Trillion | TL401000.00 |
| #23 | State Bank of India GDR | LSE:SBID | $472.37 Billion | $115.60 |
| #80 | Australia and New Zealand Banking Group Ltd | AU:AN3PK | $189.74 Billion | AU$102.90 |
| #108 | China Merchants Bank Co Ltd | PINK:CIHKY | $157.57 Billion | $27.05 |
Groenlandsbanken AS Historical Marketcap From 2015 to 2026
Between 2015 and today, Groenlandsbanken AS's market cap moved from $101.53 Million to $ 236.59 Million, with a yearly change of 8.64%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Dkr236.59 Million | +8.52% |
| 2025 | Dkr218.01 Million | +25.71% |
| 2024 | Dkr173.42 Million | +12.00% |
| 2023 | Dkr154.84 Million | +9.41% |
| 2022 | Dkr141.52 Million | +5.26% |
| 2021 | Dkr134.45 Million | +5.58% |
| 2020 | Dkr127.35 Million | +8.26% |
| 2019 | Dkr117.63 Million | +5.58% |
| 2018 | Dkr111.42 Million | -11.62% |
| 2017 | Dkr126.07 Million | +15.57% |
| 2016 | Dkr109.09 Million | +7.44% |
| 2015 | Dkr101.53 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Groenlandsbanken AS was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $236.59 Million USD |
| MoneyControl | $236.59 Million USD |
| MarketWatch | $236.59 Million USD |
| marketcap.company | $236.59 Million USD |
| Reuters | $236.59 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.