Nokia
NOK
#502
Rank
S$59.02 B
Marketcap
S$10.57
Share price
1.23%
Change (1 day)
51.90%
Change (1 year)

P/E ratio for Nokia (NOK)

P/E ratio as of March 2026 (TTM): 58.0

According to Nokia's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 58.0077. At the end of 2024 the company had a P/E ratio of 17.7.

P/E ratio history for Nokia from 2001 to 2025

PE ratio at the end of each year

Year P/E ratio Change
202417.7-32%
202326.0390.99%
20225.30-68.19%
202116.7-351.67%
2020-6.62-99.81%
2019< -10004817.29%
2018-70.3448.34%
2017-12.8-46.35%
2016-23.9-417.07%
20157.5457.75%
20144.78
2011-7.56

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
Microsoft
MSFT
24.7-57.48%๐Ÿ‡บ๐Ÿ‡ธ USA
Apple
AAPL
31.7-45.38%๐Ÿ‡บ๐Ÿ‡ธ USA
Amazon
AMZN
28.8-50.27%๐Ÿ‡บ๐Ÿ‡ธ USA
Cisco
CSCO
29.4-49.25%๐Ÿ‡บ๐Ÿ‡ธ USA
Motorola Solutions
MSI
37.5-35.38%๐Ÿ‡บ๐Ÿ‡ธ USA
Siemens
SIE.DE
18.9-67.43%๐Ÿ‡ฉ๐Ÿ‡ช Germany
Ericsson
ERIC
12.7-78.17%๐Ÿ‡ธ๐Ÿ‡ช Sweden

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.