Grong Sparebank (OL:GRONG) — Market Cap & Net Worth
Market Cap & Net Worth: Grong Sparebank (GRONG)
Grong Sparebank (OL:GRONG) has a market capitalization of $83.18 Million (Nkr790.44 Million) as of May 3, 2026. Listed on the OL stock exchange, this Norway-based company holds position #19886 globally and #175 in its home market, demonstrating a -0.25% decrease 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 Nkr198.98 by its total outstanding shares 3972475 (3.97 Million). Analyse Grong Sparebank (GRONG) cash flow conversion to see how efficiently the company converts income to cash.
Grong Sparebank Market Cap History: 2017 to 2026
Grong Sparebank's market capitalization history from 2017 to 2026. Data shows growth from $25.38 Million to $83.18 Million (14.42% 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
0.20x
Grong Sparebank's market cap is 0.20 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.56x
Grong Sparebank's market cap is 0.56 times its annual 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 |
|---|---|---|---|---|---|
| 2017 | $25.38 Million | $163.06 Million | $46.04 Million | 0.16x | 0.55x |
| 2018 | $26.89 Million | $169.40 Million | $53.14 Million | 0.16x | 0.51x |
| 2019 | $29.17 Million | $187.43 Million | $53.72 Million | 0.16x | 0.54x |
| 2020 | $36.54 Million | $219.08 Million | $87.40 Million | 0.17x | 0.42x |
| 2021 | $43.38 Million | $218.17 Million | $85.87 Million | 0.20x | 0.51x |
| 2022 | $58.29 Million | $324.38 Million | $165.71 Million | 0.18x | 0.35x |
| 2023 | $57.77 Million | $339.02 Million | $155.22 Million | 0.17x | 0.37x |
| 2024 | $62.70 Million | $314.50 Million | $111.07 Million | 0.20x | 0.56x |
Competitor Companies of GRONG by Market Capitalization
Companies near Grong Sparebank in the global market cap rankings as of May 3, 2026.
Key companies related to Grong Sparebank by market ranking:
- HDFC Bank Limited (F:HDFA): Ranked #179 globally with a market cap of $128.33 Billion USD ( €109.77 Billion EUR).
- China Merchants Bank Co Ltd (SHG:600036): Ranked #204 globally with a market cap of $115.52 Billion USD ( CN¥789.47 Billion CNY).
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #207 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- DBS GROUP ADR/4 SD 1 (F:DEV): Ranked #219 globally with a market cap of $109.87 Billion USD ( €93.97 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #179 | HDFC Bank Limited | F:HDFA | $128.33 Billion | €21.40 |
| #204 | China Merchants Bank Co Ltd | SHG:600036 | $115.52 Billion | CN¥38.27 |
| #207 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #219 | DBS GROUP ADR/4 SD 1 | F:DEV | $109.87 Billion | €152.00 |
Grong Sparebank Historical Marketcap From 2017 to 2026
Between 2017 and today, Grong Sparebank's market cap moved from $25.38 Million to $ 83.18 Million, with a yearly change of 14.42%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr83.18 Million | +18.79% |
| 2025 | Nkr70.02 Million | +11.67% |
| 2024 | Nkr62.70 Million | +8.54% |
| 2023 | Nkr57.77 Million | -0.89% |
| 2022 | Nkr58.29 Million | +34.38% |
| 2021 | Nkr43.38 Million | +18.70% |
| 2020 | Nkr36.54 Million | +25.29% |
| 2019 | Nkr29.17 Million | +8.46% |
| 2018 | Nkr26.89 Million | +5.94% |
| 2017 | Nkr25.38 Million | -- |
End of Day Market Cap According to Different Sources
On May 2nd, 2026 the market cap of Grong Sparebank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $83.18 Million USD |
| MoneyControl | $83.18 Million USD |
| MarketWatch | $83.18 Million USD |
| marketcap.company | $83.18 Million USD |
| Reuters | $83.18 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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