Northern Ocean Ltd Market Cap ($211.22 Million)
Market Cap & Net Worth: Northern Ocean Ltd (NOL)
Northern Ocean Ltd market cap. Northern Ocean Ltd (OL:NOL) has a market capitalization of $211.22 Million (Nkr2.01 Billion) as of November 1, 2026. Listed on the OL stock exchange, this Norway-based company holds position #16142 globally and #129 in its home market, demonstrating a -2.07% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Northern Ocean Ltd's stock price Nkr6.62 by its total outstanding shares 303215392 (303.22 Million). Also see NOL cash flow conversion for how efficiently the company converts equity into cash flow.
Northern Ocean Ltd Market Cap History (2020–2026)
Northern Ocean Ltd market cap history from 2020 to 2026. Data shows change from $424.36 Million to $211.22 Million (-18.57% CAGR). Check Northern Ocean Ltd (NOL) share price today for real-time trading data and today's change.
Northern Ocean Ltd Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Northern Ocean Ltd'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 Northern Ocean Ltd (NOL) equity growth momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
0.93x
Northern Ocean Ltd's market cap is 0.93 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero 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 |
|---|---|---|---|---|---|
| 2020 | $424.36 Million | $94.61 Million | -$36.51 Million | 4.49x | N/A |
| 2021 | $216.65 Million | $67.78 Million | -$68.60 Million | 3.20x | N/A |
| 2022 | $304.71 Million | $21.66 Million | -$92.89 Million | 14.07x | N/A |
| 2023 | $349.06 Million | $236.92 Million | -$70.90 Million | 1.47x | N/A |
| 2024 | $246.00 Million | $263.86 Million | -$65.66 Million | 0.93x | N/A |
Competitor Companies of NOL by Market Capitalization
Companies near Northern Ocean Ltd in the global market cap rankings as of November 1, 2026. Also see NOL total asset value for a full breakdown of the balance sheet.
Key companies related to Northern Ocean Ltd by market ranking:
- Noble Corporation plc (NYSE:NE): Ranked #2706 globally with a market cap of $7.24 Billion USD.
- Valaris Ltd (NYSE:VAL): Ranked #3037 globally with a market cap of $6.06 Billion USD.
- Transocean Ltd (NYSE:RIG): Ranked #3170 globally with a market cap of $5.69 Billion USD.
- Patterson-UTI Energy Inc (NASDAQ:PTEN): Ranked #3810 globally with a market cap of $4.29 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #2706 | Noble Corporation plc | NYSE:NE | $7.24 Billion | $49.00 |
| #3037 | Valaris Ltd | NYSE:VAL | $6.06 Billion | $105.31 |
| #3170 | Transocean Ltd | NYSE:RIG | $5.69 Billion | $6.94 |
| #3810 | Patterson-UTI Energy Inc | NASDAQ:PTEN | $4.29 Billion | $13.32 |
Market Capitalization of Northern Ocean Ltd (2020–2026)
Market capitalization of Northern Ocean Ltd from 2020 to today. Between 2020 and today, Northern Ocean Ltd's market cap moved from $424.36 Million to $ 211.22 Million, with a yearly change of -18.57%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr211.22 Million | -23.29% |
| 2025 | Nkr275.36 Million | +11.93% |
| 2024 | Nkr246.00 Million | -29.52% |
| 2023 | Nkr349.06 Million | +14.55% |
| 2022 | Nkr304.71 Million | +40.65% |
| 2021 | Nkr216.65 Million | -48.95% |
| 2020 | Nkr424.36 Million | -- |
End of Day Market Cap According to Different Sources
On Oct 31st, 2026 the market cap of Northern Ocean Ltd was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $211.22 Million USD |
| MoneyControl | $211.22 Million USD |
| MarketWatch | $211.22 Million USD |
| marketcap.company | $211.22 Million USD |
| Reuters | $211.22 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Northern Ocean Ltd
Northern Ocean Ltd. provides offshore contract drilling services for the oil and gas industry worldwide. The company owns and operates two semi-submersible rigs. It also invests in power generation solutions. The company was incorporated in 2017 and is based in Hamilton, Bermuda. Northern Ocean Ltd. is a subsidiary of Hemen Holding Limited.