Thor Medical ASA (OL:TRMED) — Market Cap & Net Worth

$168.11 Million USD  · Nkr1.60 Billion NOK  · Rank #17341

Market Cap & Net Worth: Thor Medical ASA (TRMED)

Thor Medical ASA (OL:TRMED) has a market capitalization of $168.11 Million (Nkr1.60 Billion) as of May 27, 2026. Listed on the OL stock exchange, this Norway-based company holds position #17341 globally and #143 in its home market, demonstrating a 1.81% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Thor Medical ASA's stock price Nkr4.51 by its total outstanding shares 354220633 (354.22 Million). Analyse Thor Medical ASA (TRMED) cash conversion ratio to see how efficiently the company converts income to cash.

Thor Medical ASA Market Cap History: 2015 to 2026

Thor Medical ASA's market capitalization history from 2015 to 2026. Data shows change from $513.53 Million to $168.11 Million (-8.83% CAGR).

Thor Medical ASA Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Thor Medical 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

No P/S ratio data available

Latest Price to Earnings (P/E) Ratio

No P/E ratio data available

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
No financial ratio data available

Competitor Companies of TRMED by Market Capitalization

Companies near Thor Medical ASA in the global market cap rankings as of May 27, 2026.

Key companies related to Thor Medical ASA by market ranking:

  • Vertex Pharmaceuticals Inc (NASDAQ:VRTX): Ranked #222 globally with a market cap of $110.45 Billion USD.
  • Regeneron Pharmaceuticals Inc (NASDAQ:REGN): Ranked #418 globally with a market cap of $65.38 Billion USD.
  • argenx NV ADR (NASDAQ:ARGX): Ranked #582 globally with a market cap of $45.97 Billion USD.
  • UCB S.A. UNSP.ADR 1/2 (F:UNC0): Ranked #606 globally with a market cap of $44.84 Billion USD ( €38.35 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#222 Vertex Pharmaceuticals Inc NASDAQ:VRTX $110.45 Billion $435.93
#418 Regeneron Pharmaceuticals Inc NASDAQ:REGN $65.38 Billion $634.62
#582 argenx NV ADR NASDAQ:ARGX $45.97 Billion $787.95
#606 UCB S.A. UNSP.ADR 1/2 F:UNC0 $44.84 Billion €120.00

Thor Medical ASA Historical Marketcap From 2015 to 2026

Between 2015 and today, Thor Medical ASA's market cap moved from $513.53 Million to $ 168.11 Million, with a yearly change of -8.83%.

Year Market Cap Change (%)
2026 Nkr168.11 Million -14.10%
2025 Nkr195.69 Million +99.62%
2024 Nkr98.03 Million +103.88%
2023 Nkr48.08 Million +9.88%
2022 Nkr43.76 Million -94.84%
2021 Nkr847.71 Million +47.77%
2020 Nkr573.65 Million -50.50%
2019 Nkr1.16 Billion -37.60%
2018 Nkr1.86 Billion -37.04%
2017 Nkr2.95 Billion -16.28%
2016 Nkr3.52 Billion +586.17%
2015 Nkr513.53 Million --

End of Day Market Cap According to Different Sources

On May 27th, 2026 the market cap of Thor Medical ASA was reported to be:

Source Market Cap
Yahoo Finance $168.11 Million USD
MoneyControl $168.11 Million USD
MarketWatch $168.11 Million USD
marketcap.company $168.11 Million USD
Reuters $168.11 Million USD

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

About Thor Medical ASA

OL:TRMED Norway Biotechnology
Market Cap
$168.11 Million
Nkr1.60 Billion NOK
Market Cap Rank
#17341 Global
#143 in Norway
Share Price
Nkr4.51
Change (1 day)
-0.33%
52-Week Range
Nkr2.32 - Nkr5.58
All Time High
Nkr121.16
About

Thor Medical ASA produces and supplies alpha-particle emitters for cancer therapy in Norway. It develops Ra224, an isotope of radium; Pb-212, a radioactive isotope of lead; and Th-228, a radioactive isotope of thorium. The company was incorporated in 2009 and is headquartered in Oslo, Norway.