Norbit ASA (OL:NORBT) — Market Cap & Net Worth
Market Cap & Net Worth: Norbit ASA (NORBT)
Norbit ASA (OL:NORBT) has a market capitalization of $1.18 Billion (Nkr11.19 Billion) as of August 1, 2026. Listed on the OL stock exchange, this Norway-based company holds position #8077 globally and #62 in its home market, demonstrating a 0.23% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Norbit ASA's stock price Nkr175.40 by its total outstanding shares 63805548 (63.81 Million). See capital reinvestment ratio of Norbit ASA to understand how much of operating cash flow is reinvested back into capital assets.
Norbit ASA Market Cap History: 2019 to 2026
Norbit ASA's market capitalization history from 2019 to 2026. Data shows growth from $119.59 Million to $1.18 Billion (37.15% CAGR).
Norbit ASA Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Norbit 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.
Latest Price to Sales (P/S) Ratio
0.37x
Norbit ASA's market cap is 0.37 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.67x
Norbit ASA's market cap is 2.67 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 |
|---|---|---|---|---|---|
| 2019 | $119.59 Million | $668.18 Million | $77.26 Million | 0.18x | 1.55x |
| 2020 | $111.84 Million | $618.80 Million | $27.29 Million | 0.18x | 4.10x |
| 2021 | $197.10 Million | $787.83 Million | $47.90 Million | 0.25x | 4.11x |
| 2022 | $183.52 Million | $1.17 Billion | $106.70 Million | 0.16x | 1.72x |
| 2023 | $369.25 Million | $1.52 Billion | $185.30 Million | 0.24x | 1.99x |
| 2024 | $648.59 Million | $1.75 Billion | $243.30 Million | 0.37x | 2.67x |
Competitor Companies of NORBT by Market Capitalization
Companies near Norbit ASA in the global market cap rankings as of August 1, 2026.
Key companies related to Norbit ASA by market ranking:
- Coherent Inc (NYSE:COHR): Ranked #517 globally with a market cap of $51.43 Billion USD.
- Garmin Ltd (NYSE:GRMN): Ranked #591 globally with a market cap of $45.87 Billion USD.
- Garmin Ltd (F:GEY): Ranked #683 globally with a market cap of $39.27 Billion USD ( €33.59 Billion EUR).
- Keysight Technologies Inc (NYSE:KEYS): Ranked #745 globally with a market cap of $35.96 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #517 | Coherent Inc | NYSE:COHR | $51.43 Billion | $262.89 |
| #591 | Garmin Ltd | NYSE:GRMN | $45.87 Billion | $293.78 |
| #683 | Garmin Ltd | F:GEY | $39.27 Billion | €254.50 |
| #745 | Keysight Technologies Inc | NYSE:KEYS | $35.96 Billion | $319.08 |
Norbit ASA Historical Marketcap From 2019 to 2026
Between 2019 and today, Norbit ASA's market cap moved from $119.59 Million to $ 1.18 Billion, with a yearly change of 37.15%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr1.18 Billion | -6.30% |
| 2025 | Nkr1.26 Billion | +93.79% |
| 2024 | Nkr648.59 Million | +75.65% |
| 2023 | Nkr369.25 Million | +101.21% |
| 2022 | Nkr183.52 Million | -6.89% |
| 2021 | Nkr197.10 Million | +76.23% |
| 2020 | Nkr111.84 Million | -6.48% |
| 2019 | Nkr119.59 Million | -- |
End of Day Market Cap According to Different Sources
On Aug 1st, 2026 the market cap of Norbit ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $1.18 Billion USD |
| MoneyControl | $1.18 Billion USD |
| MarketWatch | $1.18 Billion USD |
| marketcap.company | $1.18 Billion USD |
| Reuters | $1.18 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Norbit ASA
Norbit ASA provides technology solutions to customers in a range of industries. It operates through Oceans, Connectivity, and Product Innovation and Realization segments. The company offers multibeam sonar systems, including integrated bathymetric systems, bathymetry systems, advanced monitoring systems for dredging, construction and renewables, forward looking wide area imaging, advanced imaging… Read more