Grong Sparebank
Grong Sparebank, an independent savings bank, provides a range of banking products and services in Norway. It offers mutual fund savings, wealth advice, retirement savings, BSU, and savings accounts products; mortgage, construction loans, fixed-rate loans, framework loan, cottage loans, car loans, and consumer loans; refinancing the mortgage; and loans for other vehicles. The company also provide… Read more
Market Cap & Net Worth: Grong Sparebank (GRONG)
Grong Sparebank (OL:GRONG) has a market capitalization of $66.24 Million (Nkr754.77 Million) as of March 19, 2026. Listed on the OL stock exchange, this Norway-based company holds position #20725 globally and #93 in its home market, demonstrating a 0.26% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Grong Sparebank's stock price Nkr190.00 by its total outstanding shares 3972475 (3.97 Million).
Grong Sparebank Market Cap History: 2017 to 2026
Grong Sparebank's market capitalization history from 2017 to 2026. Data shows growth from $21.17 Million to $66.24 Million (14.03% CAGR).
Grong Sparebank Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Grong Sparebank'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
0.17x
Grong Sparebank's market cap is 0.17 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.47x
Grong Sparebank's market cap is 0.47 times its annual earnings
1.51x
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 |
|---|---|---|---|---|---|
| 2017 | $21.17 Million | $163.06 Million | $46.04 Million | 0.13x | 0.46x |
| 2018 | $22.43 Million | $169.40 Million | $53.14 Million | 0.13x | 0.42x |
| 2019 | $24.33 Million | $187.43 Million | $53.72 Million | 0.13x | 0.45x |
| 2020 | $30.48 Million | $219.08 Million | $87.40 Million | 0.14x | 0.35x |
| 2021 | $36.18 Million | $218.17 Million | $85.87 Million | 0.17x | 0.42x |
| 2022 | $48.62 Million | $324.38 Million | $165.71 Million | 0.15x | 0.29x |
| 2023 | $48.18 Million | $339.02 Million | $155.22 Million | 0.14x | 0.31x |
| 2024 | $52.30 Million | $314.50 Million | $111.07 Million | 0.17x | 0.47x |
Competitor Companies of GRONG by Market Capitalization
Companies near Grong Sparebank in the global market cap rankings as of March 19, 2026.
Key companies related to Grong Sparebank by market ranking:
- State Bank of India GDR (LSE:SBID): Ranked #22 globally with a market cap of $471.55 Billion USD.
- Australia and New Zealand Banking Group Ltd (AU:AN3PK): Ranked #81 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.
- HDFC Bank Limited (F:HDFA): Ranked #121 globally with a market cap of $148.48 Billion USD ( €144.65 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #22 | State Bank of India GDR | LSE:SBID | $471.55 Billion | $115.40 |
| #81 | 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 |
| #121 | HDFC Bank Limited | F:HDFA | $148.48 Billion | €24.80 |
Grong Sparebank Historical Marketcap From 2017 to 2026
Between 2017 and today, Grong Sparebank's market cap moved from $21.17 Million to $ 66.24 Million, with a yearly change of 14.03%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr66.24 Million | +13.43% |
| 2025 | Nkr58.40 Million | +11.67% |
| 2024 | Nkr52.30 Million | +8.54% |
| 2023 | Nkr48.18 Million | -0.89% |
| 2022 | Nkr48.62 Million | +34.38% |
| 2021 | Nkr36.18 Million | +18.70% |
| 2020 | Nkr30.48 Million | +25.29% |
| 2019 | Nkr24.33 Million | +8.46% |
| 2018 | Nkr22.43 Million | +5.94% |
| 2017 | Nkr21.17 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Grong Sparebank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $66.24 Million USD |
| MoneyControl | $66.24 Million USD |
| MarketWatch | $66.24 Million USD |
| marketcap.company | $66.24 Million USD |
| Reuters | $66.24 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.