Nokia Oyj
Nokia Oyj, together with its subsidiaries, provides mobile, fixed, and cloud network solutions in North and Latin America, Greater China, India, rest of the Asia Pacific, Europe, the Middle East, and Africa. It operates in four segments: Network Infrastructure, Mobile Networks, Cloud and Network Services, and Nokia Technologies. The company offers fixed network solutions, such as fiber and copper… Read more
Market Cap & Net Worth: Nokia Oyj (NOKIA)
Nokia Oyj (HE:NOKIA) has a market capitalization of $41.01 Billion (€39.95 Billion) as of March 18, 2026. Listed on the HE stock exchange, this Finland-based company holds position #691 globally and #1 in its home market, demonstrating a 8.20% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nokia Oyj's stock price €7.20 by its total outstanding shares 5545484600 (5.55 Billion).
Nokia Oyj Market Cap History: 2015 to 2026
Nokia Oyj's market capitalization history from 2015 to 2026. Data shows growth from $29.79 Billion to $41.01 Billion (3.73% CAGR).
Index Memberships
Nokia Oyj is a constituent of 2 market indices:
| Index | Total Market Cap | Weight (%) | Rank by Market Cap |
|---|---|---|---|
|
STOXX Europe Large 200 EUR Price
LCXP
|
$1.30 Trillion | 2.28% | #14 of 182 |
|
STOXX Europe Large 200 Net Return
LCXR
|
$1.30 Trillion | 2.28% | #14 of 182 |
Weight: Nokia Oyj's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.
Nokia Oyj Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nokia Oyj's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.27x
Nokia Oyj's market cap is 1.27 times its annual revenue
0.63x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
19.05x
Nokia Oyj's market cap is 19.05 times its annual earnings
3.53x
Higher than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $29.79 Billion | $12.50 Billion | $2.47 Billion | 2.38x | 12.08x |
| 2016 | $22.07 Billion | $23.61 Billion | -$766.00 Million | 0.93x | N/A |
| 2017 | $19.29 Billion | $23.15 Billion | -$1.49 Billion | 0.83x | N/A |
| 2018 | $25.88 Billion | $22.56 Billion | -$340.00 Million | 1.15x | N/A |
| 2019 | $17.32 Billion | $23.32 Billion | $18.00 Million | 0.74x | 962.00x |
| 2020 | $16.55 Billion | $21.87 Billion | -$2.42 Billion | 0.76x | N/A |
| 2021 | $29.28 Billion | $22.20 Billion | $1.62 Billion | 1.32x | 18.04x |
| 2022 | $23.02 Billion | $24.91 Billion | $4.25 Billion | 0.92x | 5.42x |
| 2023 | $16.76 Billion | $22.26 Billion | $665.00 Million | 0.75x | 25.21x |
| 2024 | $24.33 Billion | $19.22 Billion | $1.28 Billion | 1.27x | 19.05x |
Competitor Companies of NOKIA by Market Capitalization
Companies near Nokia Oyj in the global market cap rankings as of March 18, 2026.
Key companies related to Nokia Oyj by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #43 globally with a market cap of $309.49 Billion USD.
- Motorola Solutions Inc (NYSE:MSI): Ranked #355 globally with a market cap of $61.87 Billion USD.
- Eoptolink Technology Inc Ltd (SHE:300502): Ranked #525 globally with a market cap of $40.57 Billion USD ( CN¥297.65 Billion CNY).
- Lumentum Holdings Inc (NASDAQ:LITE): Ranked #530 globally with a market cap of $40.18 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #43 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $79.27 |
| #355 | Motorola Solutions Inc | NYSE:MSI | $61.87 Billion | $469.09 |
| #525 | Eoptolink Technology Inc Ltd | SHE:300502 | $40.57 Billion | CN¥389.33 |
| #530 | Lumentum Holdings Inc | NASDAQ:LITE | $40.18 Billion | $649.56 |
Nokia Oyj Historical Marketcap From 2015 to 2026
Between 2015 and today, Nokia Oyj's market cap moved from $29.79 Billion to $ 41.01 Billion, with a yearly change of 3.73%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €41.01 Billion | +29.29% |
| 2025 | €31.72 Billion | +30.35% |
| 2024 | €24.33 Billion | +45.14% |
| 2023 | €16.76 Billion | -27.19% |
| 2022 | €23.02 Billion | -21.37% |
| 2021 | €29.28 Billion | +76.90% |
| 2020 | €16.55 Billion | -4.40% |
| 2019 | €17.32 Billion | -33.09% |
| 2018 | €25.88 Billion | +34.18% |
| 2017 | €19.29 Billion | -12.60% |
| 2016 | €22.07 Billion | -25.92% |
| 2015 | €29.79 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Nokia Oyj was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $41.01 Billion USD |
| MoneyControl | $41.01 Billion USD |
| MarketWatch | $41.01 Billion USD |
| marketcap.company | $41.01 Billion USD |
| Reuters | $41.01 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.