Telenor ASA (OL:TEL) — Market Cap & Net Worth
Market Cap & Net Worth: Telenor ASA (TEL)
Telenor ASA (OL:TEL) has a market capitalization of $19.55 Billion (Nkr185.75 Billion) as of September 16, 2026. Listed on the OL stock exchange, this Norway-based company holds position #1317 globally and #5 in its home market, demonstrating a 2.11% increase 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 Nkr135.80 by its total outstanding shares 1367795415 (1.37 Billion). Also see Telenor ASA balance sheet assets for a full breakdown of the balance sheet.
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 $19.55 Billion (3.76% CAGR). Also see Telenor ASA cash flow conversion for how efficiently the company converts equity into cash flow.
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
|
$7.28 Trillion | 0.27% | #87 of 182 |
|
STOXX Europe Large 200 Net Return
LCXR
|
$7.28 Trillion | 0.27% | #87 of 182 |
|
EuroNext 100
N100
|
$3.62 Trillion | 0.54% | #45 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. Check TEL share price today for real-time trading data and today's change.
Latest Price to Sales (P/S) Ratio
0.23x
Telenor ASA's market cap is 0.23 times its annual revenue
Latest Price to Earnings (P/E) Ratio
1.00x
Telenor ASA's market cap is 1.00 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 | $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 September 16, 2026. Review TEL tangible net assets ratio to assess the quality of the company's equity after excluding intangible assets.
Key companies related to Telenor ASA by market ranking:
- Verizon Communications Inc (NYSE:VZ): Ranked #100 globally with a market cap of $209.44 Billion USD.
- Verizon Communications Inc (SA:VERZ34): Ranked #108 globally with a market cap of $195.66 Billion USD ( R$997.15 Billion BRL).
- T-Mobile US Inc (NASDAQ:TMUS): Ranked #110 globally with a market cap of $193.10 Billion USD.
- SoftBank Group Corp (F:SFTU): Ranked #125 globally with a market cap of $180.08 Billion USD ( €154.03 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #100 | Verizon Communications Inc | NYSE:VZ | $209.44 Billion | $51.29 |
| #108 | Verizon Communications Inc | SA:VERZ34 | $195.66 Billion | R$39.41 |
| #110 | T-Mobile US Inc | NASDAQ:TMUS | $193.10 Billion | $182.90 |
| #125 | SoftBank Group Corp | F:SFTU | $180.08 Billion | €16.00 |
Telenor ASA Historical Marketcap From 2015 to 2026
Between 2015 and today, Telenor ASA's market cap moved from $11.91 Billion to $ 19.55 Billion, with a yearly change of 3.76%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | Nkr19.55 Billion | -7.43% |
| 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 Sep 15th, 2026 the market cap of Telenor ASA was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $19.55 Billion USD |
| MoneyControl | $19.55 Billion USD |
| MarketWatch | $19.55 Billion USD |
| marketcap.company | $19.55 Billion USD |
| Reuters | $19.55 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Telenor ASA
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