Telenor ASA (OL:TEL) — Market Cap & Net Worth

$21.95 Billion USD  · Nkr208.59 Billion NOK  · Rank #1159

Market Cap & Net Worth: Telenor ASA (TEL)

Telenor ASA (OL:TEL) has a market capitalization of $21.95 Billion (Nkr208.59 Billion) as of May 2, 2026. Listed on the OL stock exchange, this Norway-based company holds position #1159 globally and #5 in its home market, demonstrating a -6.27% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Telenor ASA's stock price Nkr152.50 by its total outstanding shares 1367795415 (1.37 Billion). Analyse how efficiently does Telenor ASA generate cash to see how efficiently the company converts income to cash.

Telenor ASA Market Cap History: 2015 to 2026

Telenor ASA's market capitalization history from 2015 to 2026. Data shows growth from $11.91 Billion to $21.95 Billion (5.04% CAGR).

Index Memberships

Telenor ASA is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
STOXX Europe Large 200 EUR Price
LCXP
$7.08 Trillion 0.31% #80 of 182
STOXX Europe Large 200 Net Return
LCXR
$7.08 Trillion 0.31% #80 of 182
EuroNext 100
N100
$3.46 Trillion 0.63% #41 of 97

Weight: Telenor ASA's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Telenor ASA Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Telenor 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

0.23x

Telenor ASA's market cap is 0.23 times its annual revenue

Industry average: 0.50x Lower than industry average

Latest Price to Earnings (P/E) Ratio

1.00x

Telenor ASA's market cap is 1.00 times its annual earnings

Industry average: 24.04x Lower than industry average

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 $11.91 Billion $128.18 Billion $3.41 Billion 0.09x 3.49x
2016 $10.95 Billion $131.43 Billion $2.83 Billion 0.08x 3.87x
2017 $15.73 Billion $124.76 Billion $11.98 Billion 0.13x 1.31x
2018 $16.18 Billion $110.36 Billion $14.73 Billion 0.15x 1.10x
2019 $15.94 Billion $113.67 Billion $11.94 Billion 0.14x 1.34x
2020 $15.64 Billion $122.81 Billion $17.34 Billion 0.13x 0.90x
2021 $15.81 Billion $110.24 Billion $11.34 Billion 0.14x 1.39x
2022 $11.35 Billion $98.95 Billion $13.65 Billion 0.11x 0.83x
2023 $15.60 Billion $80.45 Billion $13.73 Billion 0.19x 1.14x
2024 $18.26 Billion $79.93 Billion $18.34 Billion 0.23x 1.00x

Competitor Companies of TEL by Market Capitalization

Companies near Telenor ASA in the global market cap rankings as of May 2, 2026.

Key companies related to Telenor ASA by market ranking:

  • T-Mobile US Inc (NASDAQ:TMUS): Ranked #89 globally with a market cap of $216.03 Billion USD.
  • Verizon Communications Inc (SA:VERZ34): Ranked #108 globally with a market cap of $195.66 Billion USD ( R$997.15 Billion BRL).
  • AT&T Inc (NYSE:T): Ranked #116 globally with a market cap of $179.15 Billion USD.
  • Verizon Communications Inc. (F:BAC): Ranked #128 globally with a market cap of $174.74 Billion USD ( €149.47 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#89 T-Mobile US Inc NASDAQ:TMUS $216.03 Billion $196.06
#108 Verizon Communications Inc SA:VERZ34 $195.66 Billion R$39.41
#116 AT&T Inc NYSE:T $179.15 Billion $26.12
#128 Verizon Communications Inc. F:BAC $174.74 Billion €40.80

Telenor ASA Historical Marketcap From 2015 to 2026

Between 2015 and today, Telenor ASA's market cap moved from $11.91 Billion to $ 21.95 Billion, with a yearly change of 5.04%.

Year Market Cap Change (%)
2026 Nkr21.95 Billion +3.95%
2025 Nkr21.11 Billion +15.60%
2024 Nkr18.26 Billion +17.06%
2023 Nkr15.60 Billion +37.43%
2022 Nkr11.35 Billion -28.17%
2021 Nkr15.81 Billion +1.07%
2020 Nkr15.64 Billion -1.87%
2019 Nkr15.94 Billion -1.48%
2018 Nkr16.18 Billion +2.83%
2017 Nkr15.73 Billion +43.62%
2016 Nkr10.95 Billion -8.06%
2015 Nkr11.91 Billion --

End of Day Market Cap According to Different Sources

On May 2nd, 2026 the market cap of Telenor ASA was reported to be:

Source Market Cap
Yahoo Finance $21.95 Billion USD
MoneyControl $21.95 Billion USD
MarketWatch $21.95 Billion USD
marketcap.company $21.95 Billion USD
Reuters $21.95 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Telenor ASA

OL:TEL Norway Telecom Services
Market Cap
$21.95 Billion
Nkr208.59 Billion NOK
Market Cap Rank
#1159 Global
#5 in Norway
Share Price
Nkr152.50
Change (1 day)
+1.46%
52-Week Range
Nkr141.50 - Nkr177.10
All Time High
Nkr177.10
About

Telenor ASA, together with its subsidiaries, operates as a telecommunication company worldwide. It operates through four segments: Nordics, Asia, Infrastructure, and Amp. The company offers mobile and broadband telecom products and services, including mobile, broadband and TV services; other services, including solutions for business customers like managed services, virtual private networks, soft… Read more