Nokian Renkaat Oyj Market Cap ($1.13 Billion)

$1.13 Billion USD  · €966.43 Million EUR  · Rank #8079

Market Cap & Net Worth: Nokian Renkaat Oyj (TYRES)

Nokian Renkaat Oyj market cap. Nokian Renkaat Oyj (HE:TYRES) has a market capitalization of $1.13 Billion (€966.43 Million) as of November 1, 2026. Listed on the HE stock exchange, this Finland-based company holds position #8079 globally and #30 in its home market, demonstrating a -0.60% decrease in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nokian Renkaat Oyj's stock price €13.31 by its total outstanding shares 137872287 (137.87 Million). Also see how efficiently does Nokian Renkaat Oyj generate cash for how efficiently the company converts equity into cash flow.

Nokian Renkaat Oyj Market Cap History (2015–2026)

Nokian Renkaat Oyj market cap history from 2015 to 2026. Data shows change from $3.39 Billion to $2.15 Billion (-3.16% CAGR). Check TYRES live share price for real-time trading data and today's change.

Index Memberships

Nokian Renkaat Oyj is a constituent of 2 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
STOXX Europe Mid 200 EUR Price
MCXP
$1.48 Trillion 0.08% #92 of 157
STOXX Europe Mid 200 EUR Net Return
MCXR
$1.48 Trillion 0.08% #92 of 157

Weight: Nokian Renkaat Oyj's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Nokian Renkaat Oyj Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Nokian Renkaat 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 net asset momentum of Nokian Renkaat Oyj to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

0.92x

Nokian Renkaat Oyj's market cap is 0.92 times its annual revenue

Industry average: 0.36x Higher than industry average

Latest Price to Earnings (P/E) Ratio

N/A

P/E ratio not applicable due to negative or zero 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 $3.39 Billion $1.36 Billion $240.70 Million 2.49x 14.08x
2016 $3.81 Billion $1.39 Billion $251.80 Million 2.74x 15.14x
2017 $4.23 Billion $1.57 Billion $221.40 Million 2.69x 19.13x
2018 $3.15 Billion $1.60 Billion $295.20 Million 1.97x 10.66x
2019 $3.16 Billion $1.60 Billion $399.90 Million 1.98x 7.91x
2020 $3.75 Billion $1.31 Billion $86.00 Million 2.85x 43.59x
2021 $4.49 Billion $1.71 Billion $206.20 Million 2.62x 21.80x
2022 $1.35 Billion $1.78 Billion -$175.50 Million 0.76x N/A
2023 $1.25 Billion $1.17 Billion -$325.50 Million 1.06x N/A
2024 $1.18 Billion $1.29 Billion -$22.80 Million 0.92x N/A

Competitor Companies of TYRES by Market Capitalization

Companies near Nokian Renkaat Oyj in the global market cap rankings as of November 1, 2026. Also see Nokian Renkaat Oyj balance sheet assets for a full breakdown of the balance sheet.

Key companies related to Nokian Renkaat Oyj by market ranking:

  • O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #388 globally with a market cap of $73.03 Billion USD.
  • AutoZone Inc (NYSE:AZO): Ranked #566 globally with a market cap of $47.07 Billion USD.
  • DENSO CORP. ADR 4 (F:DNOA): Ranked #943 globally with a market cap of $28.19 Billion USD ( €24.12 Billion EUR).
  • SUMITOMO EL.IND.ADR (F:SMO1): Ranked #1016 globally with a market cap of $25.89 Billion USD ( €22.15 Billion EUR).
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#388 O’Reilly Automotive Inc NASDAQ:ORLY $73.03 Billion $88.12
#566 AutoZone Inc NYSE:AZO $47.07 Billion $3169.82
#943 DENSO CORP. ADR 4 F:DNOA $28.19 Billion €9.95
#1016 SUMITOMO EL.IND.ADR F:SMO1 $25.89 Billion €54.00

Market Capitalization of Nokian Renkaat Oyj (2015–2026)

Market capitalization of Nokian Renkaat Oyj from 2015 to today. Between 2015 and today, Nokian Renkaat Oyj's market cap moved from $3.39 Billion to $ 2.15 Billion, with a yearly change of -3.16%.

Year Market Cap Change (%)
2026 €2.15 Billion +40.62%
2025 €1.53 Billion +28.85%
2024 €1.18 Billion -4.95%
2023 €1.25 Billion -7.83%
2022 €1.35 Billion -69.93%
2021 €4.49 Billion +19.89%
2020 €3.75 Billion +18.55%
2019 €3.16 Billion +0.52%
2018 €3.15 Billion -25.71%
2017 €4.23 Billion +11.05%
2016 €3.81 Billion +12.48%
2015 €3.39 Billion --

End of Day Market Cap According to Different Sources

On Oct 31st, 2026 the market cap of Nokian Renkaat Oyj was reported to be:

Source Market Cap
Yahoo Finance $1.13 Billion USD
MoneyControl $1.13 Billion USD
MarketWatch $1.13 Billion USD
marketcap.company $1.13 Billion USD
Reuters $1.13 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Nokian Renkaat Oyj

HE:TYRES Finland Auto Parts
Market Cap
$2.15 Billion
€1.84 Billion EUR
Market Cap Rank
#8079 Global
#30 in Finland
Share Price
€13.31
Change (1 day)
-3.20%
52-Week Range
€8.16 - €16.60
All Time High
€29.69
About

Nokian Renkaat Oyj develops and manufactures tires for passenger cars, trucks, and heavy machineries in Nordics, the rest of Europe, the Americas, and internationally. It operates through Passenger Car Tyres, Heavy Tyres, and Vianor Tire Chain segments. The company develops and produces winter, summer, and all-season tires for passenger cars, SUVs, and vans; tires for forestry machinery; special … Read more