Norsk Hydro ASA
NHY
Rank in Stocks
#1423
Norsk Hydro ASA, a company founded in Oslo, Norway, in 1905, operates globally... Norsk Hydro ASA, a company founded in Oslo, Norway, in 1905, operates globally across the entire aluminum value chain, from raw material extraction to advanced product manufacturing, and is also involved in energy generation. Its operations are divided into several key segments: Bauxite & Alumina: This division is responsible for bauxite mining, the subsequent production of alumina, and its commercial distribution. Aluminium Metal: Concentrates on the primary production of aluminum, meticulously casting it into various forms such as extrusion ingots, foundry alloys, and both sheet and standard ingots. Metal Markets: Sells products originating from the company's primary metal facilities, manages its own recycling operations, and participates in both physical and financial metal trading. Extrusions: Delivers specialized aluminum profiles, sophisticated building systems, and precision tubing. These offerings cater to critical sectors like construction, automotive manufacturing, and heating, ventilation, and air conditioning (HVAC), while also operating recycling centers. Energy: Manages energy trading and wholesale activities in Brazil, oversees energy procurement, operates power generation facilities in Norway, and actively develops renewable energy sources such as wind, solar, battery storage, and hydrogen technologies.
Share Price
$7.73
Market Cap
$15.20B
Change (1 day)
-1.82%
Change (1 year)
10.34%
Country
NO
Trade Norsk Hydro ASA (NHY)
Category
Basic Materials
P/E ratio for Norsk Hydro ASA (NHY)
P/E ratio as of 2026 TTM: 0
According to Norsk Hydro ASA latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 0. At the end of 2026 the company had a P/E ratio of 0.
P/E ratio history for Norsk Hydro ASA from 2001 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2025 | 22.93 | 6.27% |
| 2024 | 21.58 | -44.29% |
| 2023 | 38.74 | 522.24% |
| 2022 | 6.23 | -46.91% |
| 2021 | 11.72 | -73.51% |
| 2020 | 44.26 | -256.93% |
| 2019 | -28.20 | -252.60% |
| 2018 | 18.48 | 26.66% |
| 2017 | 14.59 | 10.53% |
| 2016 | 13.20 | -60.56% |
| 2015 | 33.47 | -69.18% |
| 2014 | 108.60 | -281.11% |
| 2013 | -59.97 | 25.51% |
| 2012 | -47.78 | -687.70% |
| 2011 | 8.13 | -74.61% |
| 2010 | 32.03 | -83.27% |
| 2009 | 191.48 | -2,519.42% |
| 2008 | -7.91 | -273.70% |
| 2007 | 4.56 | 7.82% |
| 2006 | 4.23 | 23.19% |
| 2005 | 3.43 | 19.59% |
| 2004 | 2.87 | 10.83% |
| 2003 | 2.59 | 5.19% |
| 2002 | 2.46 | -25.98% |
| 2001 | 3.32 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| 5.47 | - |
CN
|
|
| 11.99 | - |
IN
|
|
| 8.65 | - |
CN
|
|
| 22.15 | - |
MY
|
|
| 7.78 | - |
CN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.