Melhus Sparebank
Melhus Sparebank, a savings bank, provides various banking products and services to businesses, agriculture customers, and private individuals in Norway. The company offers bank, Boligsparing for Ungdom, mutual fund, and retirement saving accounts. It also provides insurance services for electric scooter, boat, motorcycle, moped, jet ski, caravan, motorhome, ATV, tractor, snowmobile, trailer, and… Read more
Market Cap & Net Worth: Melhus Sparebank (MELG)
Melhus Sparebank (OL:MELG) has a market capitalization of $49.14 Million (Nkr559.89 Million) as of March 18, 2026. Listed on the OL stock exchange, this Norway-based company holds position #21387 globally and #102 in its home market, demonstrating a 2.53% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Melhus Sparebank's stock price Nkr202.00 by its total outstanding shares 2771746 (2.77 Million).
Melhus Sparebank Market Cap History: 2015 to 2026
Melhus Sparebank's market capitalization history from 2015 to 2026. Data shows growth from $15.76 Million to $49.14 Million (11.84% CAGR).
Melhus Sparebank Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Melhus 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
0.14x
Melhus Sparebank's market cap is 0.14 times its annual revenue
0.28x
Lower than industry averageLatest Price to Earnings (P/E) Ratio
0.35x
Melhus Sparebank's market cap is 0.35 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 |
|---|---|---|---|---|---|
| 2016 | $17.47 Million | $299.54 Million | $83.23 Million | 0.06x | 0.21x |
| 2017 | $17.91 Million | $301.74 Million | $79.15 Million | 0.06x | 0.23x |
| 2018 | $19.53 Million | $308.71 Million | $82.31 Million | 0.06x | 0.24x |
| 2019 | $24.41 Million | $351.30 Million | $97.58 Million | 0.07x | 0.25x |
| 2020 | $27.33 Million | $317.55 Million | $88.21 Million | 0.09x | 0.31x |
| 2021 | $30.30 Million | $296.08 Million | $105.24 Million | 0.10x | 0.29x |
| 2022 | $33.61 Million | $399.67 Million | $100.62 Million | 0.08x | 0.33x |
| 2023 | $36.03 Million | $657.78 Million | $135.35 Million | 0.05x | 0.27x |
| 2024 | $40.04 Million | $745.82 Million | $139.51 Million | 0.05x | 0.29x |
| 2025 | $48.90 Million | $349.07 Million | $140.14 Million | 0.14x | 0.35x |
Competitor Companies of MELG by Market Capitalization
Companies near Melhus Sparebank in the global market cap rankings as of March 18, 2026.
Key companies related to Melhus 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 |
Melhus Sparebank Historical Marketcap From 2015 to 2026
Between 2015 and today, Melhus Sparebank's market cap moved from $15.76 Million to $ 49.14 Million, with a yearly change of 11.84%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr49.14 Million | +0.50% |
| 2025 | Nkr48.90 Million | +22.11% |
| 2024 | Nkr40.04 Million | +11.14% |
| 2023 | Nkr36.03 Million | +7.19% |
| 2022 | Nkr33.61 Million | +10.93% |
| 2021 | Nkr30.30 Million | +10.87% |
| 2020 | Nkr27.33 Million | +11.98% |
| 2019 | Nkr24.41 Million | +24.99% |
| 2018 | Nkr19.53 Million | +9.04% |
| 2017 | Nkr17.91 Million | +2.51% |
| 2016 | Nkr17.47 Million | +10.87% |
| 2015 | Nkr15.76 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Melhus Sparebank was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $49.14 Million USD |
| MoneyControl | $49.14 Million USD |
| MarketWatch | $49.14 Million USD |
| marketcap.company | $49.14 Million USD |
| Reuters | $49.14 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.