Nokia (NOK) - P/B ratio

P/B ratio as of September 2024 : 1.03

According to Nokia's latest financial reports the company has a price-to-book ratio of 1.03.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Nokia - P/B ratio (from 2001 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	0.8424	-25.92%
2022-12-31	1.14	-36.47%
2021-12-31	1.79	26.09%
2020-12-31	1.42	18.61%
2019-12-31	1.20	-34.52%
2018-12-31	1.83	36.84%
2017-12-31	1.34	5.26%
2016-12-31	1.27	-49.36%
2015-12-31	2.51	-11.48%
2014-12-31	2.83	-13.46%
2013-12-31	3.27	175.64%
2012-12-31	1.19	18.32%
2011-12-31	1.00	-43.97%
2010-12-31	1.79	-21.02%
2009-12-31	2.27	-10.96%
2008-12-31	2.55	-57.19%
2007-12-31	5.95	13.72%
2006-12-31	5.23	-4.53%
2005-12-31	5.48	63.13%
2004-12-31	3.36	-21.37%
2003-12-31	4.27	-12.98%
2002-12-31	4.91

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Apple AAPL	52.6	4,990.97%	🇺🇸 USA
Ericsson ERIC	2.52	143.93%	🇸🇪 Sweden
Motorola Solutions MSI	90.1	8,623.43%	🇺🇸 USA
Amazon AMZN	8.42	715.53%	🇺🇸 USA
Microsoft MSFT	12.1	1,071.19%	🇺🇸 USA
Siemens SIE.DE	2.48	140.58%	🇩🇪 Germany
Cisco CSCO	4.57	342.53%	🇺🇸 USA

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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