Novocure Ltd (NASDAQ:NVCR) — Market Cap & Net Worth
Market Cap & Net Worth: Novocure Ltd (NVCR)
Novocure Ltd (NASDAQ:NVCR) has a market capitalization of $1.88 Billion ($1.88 Billion) as of September 18, 2026. Listed on the NASDAQ stock exchange, this USA-based company holds position #6399 globally and #2023 in its home market, demonstrating a -3.74% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Novocure Ltd's stock price $16.22 by its total outstanding shares 115820940 (115.82 Million). Also see NVCR asset base for a full breakdown of the balance sheet.
Novocure Ltd Market Cap History: 2015 to 2026
Novocure Ltd's market capitalization history from 2015 to 2026. Data shows change from $2.59 Billion to $1.88 Billion (-3.23% CAGR). Also see Novocure Ltd operating cash flow efficiency for how efficiently the company converts equity into cash flow.
Index Memberships
Novocure Ltd is a constituent of 3 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
NASDAQ Health Care
IXHC
|
$2.66 Trillion | 0.07% | #181 of 976 |
|
NASDAQ Composite
IXIC
|
$41.69 Trillion | 0.00% | #724 of 3165 |
|
NASDAQ Biotechnology
NBI
|
$1.88 Trillion | 0.10% | #110 of 263 |
Weight: Novocure Ltd's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Novocure Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Novocure Ltd'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. Check Novocure Ltd stock quote for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
2.29x
Novocure Ltd's market cap is 2.29 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What 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 |
|---|---|---|---|---|---|
| 2016 | $909.19 Million | $82.89 Million | -$131.84 Million | 10.97x | N/A |
| 2017 | $2.34 Billion | $177.03 Million | -$61.66 Million | 13.22x | N/A |
| 2018 | $3.88 Billion | $248.07 Million | -$63.56 Million | 15.63x | N/A |
| 2019 | $9.76 Billion | $351.32 Million | -$7.23 Million | 27.78x | N/A |
| 2020 | $20.04 Billion | $494.37 Million | $19.81 Million | 40.54x | 1011.80x |
| 2021 | $8.70 Billion | $535.03 Million | -$58.35 Million | 16.25x | N/A |
| 2022 | $8.50 Billion | $537.84 Million | -$92.53 Million | 15.80x | N/A |
| 2023 | $1.73 Billion | $509.34 Million | -$207.04 Million | 3.40x | N/A |
| 2024 | $3.45 Billion | $605.22 Million | -$168.63 Million | 5.70x | N/A |
| 2025 | $1.50 Billion | $655.35 Million | -$136.23 Million | 2.29x | N/A |
Competitor Companies of NVCR by Market Capitalization
Companies near Novocure Ltd in the global market cap rankings as of September 18, 2026. Review Novocure Ltd (NVCR) tangible net worth to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Novocure Ltd by market ranking:
- Abbott Laboratories (NYSE:ABT): Ranked #125 globally with a market cap of $177.99 Billion USD.
- Medtronic PLC (NYSE:MDT): Ranked #228 globally with a market cap of $109.30 Billion USD.
- Stryker Corporation (NYSE:SYK): Ranked #229 globally with a market cap of $109.23 Billion USD.
- Medtronic plc (SA:MDTC34): Ranked #239 globally with a market cap of $104.84 Billion USD ( R$534.32 Billion BRL).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #125 | Abbott Laboratories | NYSE:ABT | $177.99 Billion | $102.36 |
| #228 | Medtronic PLC | NYSE:MDT | $109.30 Billion | $92.60 |
| #229 | Stryker Corporation | NYSE:SYK | $109.23 Billion | $284.76 |
| #239 | Medtronic plc | SA:MDTC34 | $104.84 Billion | R$208.39 |
Novocure Ltd Historical Marketcap From 2015 to 2026
Between 2015 and today, Novocure Ltd's market cap moved from $2.59 Billion to $ 1.88 Billion, with a yearly change of -3.23%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $1.88 Billion | +25.44% |
| 2025 | $1.50 Billion | -56.61% |
| 2024 | $3.45 Billion | +99.60% |
| 2023 | $1.73 Billion | -79.65% |
| 2022 | $8.50 Billion | -2.30% |
| 2021 | $8.70 Billion | -56.61% |
| 2020 | $20.04 Billion | +105.34% |
| 2019 | $9.76 Billion | +151.70% |
| 2018 | $3.88 Billion | +65.74% |
| 2017 | $2.34 Billion | +157.32% |
| 2016 | $909.19 Million | -64.89% |
| 2015 | $2.59 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 17th, 2026 the market cap of Novocure Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.88 Billion USD |
| MoneyControl | $1.88 Billion USD |
| MarketWatch | $1.88 Billion USD |
| marketcap.company | $1.88 Billion USD |
| Reuters | $1.88 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Novocure Ltd
NovoCure Limited, an oncology company, engages in the development, manufacture, and commercialization of tumor treating fields (TTFields) devices for the treatment of solid tumor cancers in the United States, Germany, France, Japan, Greater China, and internationally. Its TTFields devices include Optune Gio, Optune Lua, and Optune Pax. The company also has ongoing clinical trials investigating TT… Read more