Nokia Oyj Market Cap ($28.99 Billion)
Market Cap & Net Worth: Nokia Oyj (NOKIA)
Nokia Oyj market cap. Nokia Oyj (HE:NOKIA) has a market capitalization of $28.99 Billion (€24.80 Billion) as of November 5, 2026. Listed on the HE stock exchange, this Finland-based company holds position #919 globally and #3 in its home market, demonstrating a -1.57% decrease 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 €7.65 by its total outstanding shares 5545484600 (5.55 Billion). Also see Nokia Oyj cash flow conversion for how efficiently the company converts equity into cash flow.
Nokia Oyj Market Cap History (2015–2026)
Nokia Oyj market cap history from 2015 to 2026. Data shows growth from $33.93 Billion to $49.58 Billion (4.07% CAGR). Check NOKIA share price today for real-time trading data and today's change.
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
|
$7.25 Trillion | 0.40% | #69 of 182 |
|
STOXX Europe Large 200 Net Return
LCXR
|
$7.25 Trillion | 0.40% | #69 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. Explore NOKIA shareholders equity momentum to track how rapidly the company is growing its equity base year over year.
Latest Price to Sales (P/S) Ratio
1.44x
Nokia Oyj's market cap is 1.44 times its annual revenue
Latest Price to Earnings (P/E) Ratio
21.70x
Nokia Oyj's market cap is 21.70 times its annual earnings
What 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 | $33.93 Billion | $12.50 Billion | $2.47 Billion | 2.71x | 13.76x |
| 2016 | $25.13 Billion | $23.61 Billion | -$766.00 Million | 1.06x | N/A |
| 2017 | $21.97 Billion | $23.15 Billion | -$1.49 Billion | 0.95x | N/A |
| 2018 | $29.47 Billion | $22.56 Billion | -$340.00 Million | 1.31x | N/A |
| 2019 | $19.72 Billion | $23.32 Billion | $18.00 Million | 0.85x | 1095.67x |
| 2020 | $18.85 Billion | $21.87 Billion | -$2.42 Billion | 0.86x | N/A |
| 2021 | $33.35 Billion | $22.20 Billion | $1.62 Billion | 1.50x | 20.55x |
| 2022 | $26.22 Billion | $24.91 Billion | $4.25 Billion | 1.05x | 6.17x |
| 2023 | $19.09 Billion | $22.26 Billion | $665.00 Million | 0.86x | 28.71x |
| 2024 | $27.71 Billion | $19.22 Billion | $1.28 Billion | 1.44x | 21.70x |
Competitor Companies of NOKIA by Market Capitalization
Companies near Nokia Oyj in the global market cap rankings as of November 5, 2026. Also see Nokia Oyj balance sheet assets for a full breakdown of the balance sheet.
Key companies related to Nokia Oyj by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #55 globally with a market cap of $309.49 Billion USD.
- Foxconn Industrial Internet Co Ltd (SHG:601138): Ranked #197 globally with a market cap of $121.82 Billion USD ( CN¥832.46 Billion CNY).
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #357 globally with a market cap of $78.37 Billion USD ( CN¥535.54 Billion CNY).
- Motorola Solutions Inc (NYSE:MSI): Ranked #366 globally with a market cap of $77.38 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #55 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $102.97 |
| #197 | Foxconn Industrial Internet Co Ltd | SHG:601138 | $121.82 Billion | CN¥41.95 |
| #357 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $78.37 Billion | CN¥480.20 |
| #366 | Motorola Solutions Inc | NYSE:MSI | $77.38 Billion | $491.00 |
Market Capitalization of Nokia Oyj (2015–2026)
Market capitalization of Nokia Oyj from 2015 to today. Between 2015 and today, Nokia Oyj's market cap moved from $33.93 Billion to $ 49.58 Billion, with a yearly change of 4.07%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €49.58 Billion | +37.26% |
| 2025 | €36.12 Billion | +30.35% |
| 2024 | €27.71 Billion | +45.14% |
| 2023 | €19.09 Billion | -27.19% |
| 2022 | €26.22 Billion | -21.37% |
| 2021 | €33.35 Billion | +76.90% |
| 2020 | €18.85 Billion | -4.40% |
| 2019 | €19.72 Billion | -33.09% |
| 2018 | €29.47 Billion | +34.18% |
| 2017 | €21.97 Billion | -12.60% |
| 2016 | €25.13 Billion | -25.92% |
| 2015 | €33.93 Billion | -- |
End of Day Market Cap According to Different Sources
On Nov 4th, 2026 the market cap of Nokia Oyj was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $28.99 Billion USD |
| MoneyControl | $28.99 Billion USD |
| MarketWatch | $28.99 Billion USD |
| marketcap.company | $28.99 Billion USD |
| Reuters | $28.99 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About 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