Norwegian Air Shuttle ASA (OL:NAS) — Market Cap & Net Worth
Market Cap & Net Worth: Norwegian Air Shuttle ASA (NAS)
Norwegian Air Shuttle ASA (OL:NAS) has a market capitalization of $1.32 Billion (Nkr12.58 Billion) as of September 17, 2026. Listed on the OL stock exchange, this Norway-based company holds position #7715 globally and #60 in its home market, demonstrating a -6.54% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Norwegian Air Shuttle ASA's stock price Nkr11.93 by its total outstanding shares 1055237234 (1.06 Billion). Also see NAS asset base for a full breakdown of the balance sheet.
Norwegian Air Shuttle ASA Market Cap History: 2015 to 2026
Norwegian Air Shuttle ASA's market capitalization history from 2015 to 2026. Data shows change from $959.29 Billion to $1.32 Billion (-45.66% CAGR). Also see Norwegian Air Shuttle ASA operating cash flow efficiency for how efficiently the company converts equity into cash flow.
Norwegian Air Shuttle ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Norwegian Air Shuttle ASA'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 latest Norwegian Air Shuttle ASA stock price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.03x
Norwegian Air Shuttle ASA's market cap is 0.03 times its annual revenue
Latest Price to Earnings (P/E) Ratio
0.90x
Norwegian Air Shuttle ASA's market cap is 0.90 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 |
|---|---|---|---|---|---|
| 2015 | $959.29 Billion | $22.49 Billion | $246.15 Million | 42.65x | 3897.13x |
| 2016 | $850.53 Billion | $26.05 Billion | $1.14 Billion | 32.64x | 749.19x |
| 2017 | $521.58 Billion | $30.95 Billion | -$1.79 Billion | 16.85x | N/A |
| 2018 | $517.40 Billion | $40.27 Billion | -$1.46 Billion | 12.85x | N/A |
| 2019 | $195.81 Billion | $43.52 Billion | -$1.61 Billion | 4.50x | N/A |
| 2020 | $4.51 Billion | $9.10 Billion | -$23.04 Billion | 0.50x | N/A |
| 2021 | $1.19 Billion | $5.07 Billion | $1.87 Billion | 0.24x | 0.64x |
| 2022 | $815.49 Million | $18.87 Billion | $1.01 Billion | 0.04x | 0.81x |
| 2023 | $1.19 Billion | $25.54 Billion | $1.74 Billion | 0.05x | 0.69x |
| 2024 | $1.22 Billion | $35.32 Billion | $1.36 Billion | 0.03x | 0.90x |
Competitor Companies of NAS by Market Capitalization
Companies near Norwegian Air Shuttle ASA in the global market cap rankings as of September 17, 2026. Review Norwegian Air Shuttle ASA tangible equity quality to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Norwegian Air Shuttle ASA by market ranking:
- Delta Air Lines Inc (NYSE:DAL): Ranked #527 globally with a market cap of $51.88 Billion USD.
- United Airlines Holdings Inc (NASDAQ:UAL): Ranked #787 globally with a market cap of $34.70 Billion USD.
- RYANAIR HLDGS ADR NEW/5 (F:RY4D): Ranked #958 globally with a market cap of $27.87 Billion USD ( €23.84 Billion EUR).
- Ryanair Holdings plc (IR:RYA): Ranked #992 globally with a market cap of $27.05 Billion USD ( €23.14 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #527 | Delta Air Lines Inc | NYSE:DAL | $51.88 Billion | $78.89 |
| #787 | United Airlines Holdings Inc | NASDAQ:UAL | $34.70 Billion | $106.92 |
| #958 | RYANAIR HLDGS ADR NEW/5 | F:RY4D | $27.87 Billion | €51.50 |
| #992 | Ryanair Holdings plc | IR:RYA | $27.05 Billion | €22.00 |
Norwegian Air Shuttle ASA Historical Marketcap From 2015 to 2026
Between 2015 and today, Norwegian Air Shuttle ASA's market cap moved from $959.29 Billion to $ 1.32 Billion, with a yearly change of -45.66%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr1.32 Billion | -31.66% |
| 2025 | Nkr1.94 Billion | +58.64% |
| 2024 | Nkr1.22 Billion | +2.61% |
| 2023 | Nkr1.19 Billion | +45.97% |
| 2022 | Nkr815.49 Million | -31.68% |
| 2021 | Nkr1.19 Billion | -73.53% |
| 2020 | Nkr4.51 Billion | -97.70% |
| 2019 | Nkr195.81 Billion | -62.16% |
| 2018 | Nkr517.40 Billion | -0.80% |
| 2017 | Nkr521.58 Billion | -38.68% |
| 2016 | Nkr850.53 Billion | -11.34% |
| 2015 | Nkr959.29 Billion | -- |
End of Day Market Cap According to Different Sources
On Sep 16th, 2026 the market cap of Norwegian Air Shuttle ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.32 Billion USD |
| MoneyControl | $1.32 Billion USD |
| MarketWatch | $1.32 Billion USD |
| marketcap.company | $1.32 Billion USD |
| Reuters | $1.32 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Norwegian Air Shuttle ASA
Norwegian Air Shuttle ASA, together with its subsidiaries, provides air travel services in Norway and internationally. It is also involved in aircraft financing, leasing, and ownership; cargo; and other activities. The company was founded in 1993 and is headquartered in Fornebu, Norway.