Nokian Tyres (TYRES.HE)

P/S ratio as of November 2024 (TTM): 0.7888

According to Nokian Tyres 's latest financial reports and stock price the company's current price-to-sales ratio (TTM) is 0.7678. At the end of 2024 the company had a P/S ratio of 0.9931.

P/S ratio history for Nokian Tyres from 2010 to 2024

PS ratio at the end of each year

Year	P/S ratio	Change
2024	0.9931	0.72%
2023	0.9860	3.02%
2022	0.9571	-63.44%
2021	2.62	-18.12%
2020	3.20	42.61%
2019	2.24	-0.66%
2018	2.26	-33.71%
2017	3.41	2.46%
2016	3.32	2.77%
2015	3.23	78.21%
2014	1.81	-42.81%
2013	3.17	26.82%
2012	2.50	19.52%
2011	2.09	-37.04%
2010	3.32

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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P/S ratio for Nokian Tyres (TYRES.HE)