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Norva24 Group AB (Publ) Norva24 Group AB (Publ)

Norva24 Group AB (Publ)

NORVA
Rank in Stocks #11193
Norva24 Group AB (Publ) specializes in delivering vital maintenance services... Norva24 Group AB (Publ) specializes in delivering vital maintenance services for underground infrastructure throughout Northern Europe. Their core activities include comprehensive emptying and inspection of critical systems like fat/oil separators, subterranean tanks, and sand traps, along with efficient sludge drainage. Additionally, the company provides a wide array of pipe services, such as pressure testing, thorough inspections, relining, localized repairs, leak detection, and clearing obstructions from water and waste pipes. High-pressure washing is also among their offerings. Established in 1919 and headquartered in Stryn, Norway, Norva24 had expanded its operations to 66 branches across Norway, Germany, Sweden, and Denmark by September 30, 2021.
Share Price
$4.02
Last synced: 2025-05-30
Market Cap
$730.99M
Change (1 day)
8.23%
Change (1 year)
0.00%
Country
NO
Trade Norva24 Group AB (Publ) (NORVA)

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P/E ratio for Norva24 Group AB (Publ) (NORVA)
P/E ratio as of August 2026 TTM: 36.77
According to Norva24 Group AB (Publ) latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 36.77. At the end of 2023 the company had a P/E ratio of 19.29.
P/E ratio history for Norva24 Group AB (Publ) from 2017 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 36.77 31.46%
2024 27.97 44.96%
2023 19.29 -53.91%
2022 41.85 68.59%
2021 24.83 41.86%
2020 17.50 -81.02%
2019 92.23 -4,112.63%
2018 -2.30 -98.72%
2017 -180.00 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
31.67 -13.86%
US
30.41 -17.29%
US
- -
CA
- -
FR
38.93 5.89%
US
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.