Nokia (NOK) - P/B ratio

P/B ratio as of November 2024 : 1.03

According to Nokia's latest financial reports the company has a price-to-book ratio of 1.10334.
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	-36.76%
2021-12-31	1.80	27.45%
2020-12-31	1.41	17.61%
2019-12-31	1.20	-34.45%
2018-12-31	1.83	37.02%
2017-12-31	1.34	5.26%
2016-12-31	1.27	-49.28%
2015-12-31	2.50	-11.7%
2014-12-31	2.83	-13.41%
2013-12-31	3.27	175.96%
2012-12-31	1.19	18.22%
2011-12-31	1.00	-43.83%
2010-12-31	1.79	-21.16%
2009-12-31	2.26	-11.83%
2008-12-31	2.57	-57.21%
2007-12-31	6.00	14.82%
2006-12-31	5.23	-4.53%
2005-12-31	5.48	46.36%
2004-12-31	3.74	-11.67%
2003-12-31	4.24	-13.66%
2002-12-31	4.91

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Apple AAPL	60.8	5,819.35%	🇺🇸 USA
Ericsson ERIC	3.19	210.69%	🇸🇪 Sweden
Motorola Solutions MSI	61.4	5,878.58%	🇺🇸 USA
Amazon AMZN	8.23	701.67%	🇺🇸 USA
Microsoft MSFT	10.7	945.59%	🇺🇸 USA
Siemens SIE.DE	2.47	140.52%	🇩🇪 Germany
Cisco CSCO	5.04	390.63%	🇺🇸 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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