Grong Sparebank Market Cap ($70.64 Million)
Market Cap & Net Worth: Grong Sparebank (GRONG)
Grong Sparebank market cap. Grong Sparebank (OL:GRONG) has a market capitalization of $70.64 Million (Nkr671.27 Million) as of November 4, 2026. Listed on the OL stock exchange, this Norway-based company holds position #20365 globally and #182 in its home market, demonstrating a -0.45% 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 Nkr168.98 by its total outstanding shares 3972475 (3.97 Million). Also see GRONG cash flow conversion for how efficiently the company converts equity into cash flow.
Grong Sparebank Market Cap History (2017–2026)
Grong Sparebank market cap history from 2017 to 2026. Data shows growth from $25.38 Million to $70.64 Million (11.62% CAGR). Check Grong Sparebank (GRONG) share price today for real-time trading data and today's change.
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. Explore Grong Sparebank (GRONG) net asset momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.17x
Grong Sparebank's market cap is 0.17 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.36x
Grong Sparebank's market cap is 0.36 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 |
| 2025 | $70.02 Million | $408.92 Million | $196.11 Million | 0.17x | 0.36x |
Competitor Companies of GRONG by Market Capitalization
Companies near Grong Sparebank in the global market cap rankings as of November 4, 2026. Also see how large is Grong Sparebank's balance sheet for a full breakdown of the balance sheet.
Key companies related to Grong Sparebank by market ranking:
- China Merchants Bank Co Ltd (SHG:600036): Ranked #184 globally with a market cap of $128.87 Billion USD ( CN¥880.65 Billion CNY).
- Mizuho Financial Group Inc. (NYSE:MFG): Ranked #210 globally with a market cap of $116.22 Billion USD.
- UNICREDIT S.P.A. ADR (F:CRIP): Ranked #217 globally with a market cap of $112.81 Billion USD ( €96.49 Billion EUR).
- BNP Paribas SA (PA:BNP): Ranked #219 globally with a market cap of $112.26 Billion USD ( €96.02 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #184 | China Merchants Bank Co Ltd | SHG:600036 | $128.87 Billion | CN¥42.69 |
| #210 | Mizuho Financial Group Inc. | NYSE:MFG | $116.22 Billion | $9.54 |
| #217 | UNICREDIT S.P.A. ADR | F:CRIP | $112.81 Billion | €32.20 |
| #219 | BNP Paribas SA | PA:BNP | $112.26 Billion | €87.61 |
Market Capitalization of Grong Sparebank (2017–2026)
Market capitalization of Grong Sparebank from 2017 to today. Between 2017 and today, Grong Sparebank's market cap moved from $25.38 Million to $ 70.64 Million, with a yearly change of 11.62%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr70.64 Million | +0.88% |
| 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 Nov 4th, 2026 the market cap of Grong Sparebank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $70.64 Million USD |
| MoneyControl | $70.64 Million USD |
| MarketWatch | $70.64 Million USD |
| marketcap.company | $70.64 Million USD |
| Reuters | $70.64 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. The company provides 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. It also offer… Read more