Nokian Renkaat Oyj (HE:TYRES) — Market Cap & Net Worth
Market Cap & Net Worth: Nokian Renkaat Oyj (TYRES)
Nokian Renkaat Oyj (HE:TYRES) has a market capitalization of $1.13 Billion (€966.43 Million) as of June 17, 2026. Listed on the HE stock exchange, this Finland-based company holds position #8555 globally and #30 in its home market, demonstrating a 10.61% increase 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 €12.20 by its total outstanding shares 137872287 (137.87 Million). Review TYRES liabilities breakdown to assess the company's total debt and financial obligations.
Nokian Renkaat Oyj Market Cap History: 2015 to 2026
Nokian Renkaat Oyj's market capitalization history from 2015 to 2026. Data shows change from $3.39 Billion to $1.97 Billion (-4.05% CAGR).
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.
Latest Price to Sales (P/S) Ratio
0.92x
Nokian Renkaat Oyj's market cap is 0.92 times its annual revenue
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 June 17, 2026.
Key companies related to Nokian Renkaat Oyj by market ranking:
- O’Reilly Automotive Inc (NASDAQ:ORLY): Ranked #368 globally with a market cap of $73.77 Billion USD.
- AutoZone Inc (NYSE:AZO): Ranked #530 globally with a market cap of $51.17 Billion USD.
- Hyundai Mobis Co.,Ltd (KO:012330): Ranked #707 globally with a market cap of $38.68 Billion USD ( ₩57.08 Trillion KRW).
- DENSO CORP. ADR 4 (F:DNOA): Ranked #948 globally with a market cap of $28.19 Billion USD ( €24.12 Billion EUR).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #368 | O’Reilly Automotive Inc | NASDAQ:ORLY | $73.77 Billion | $90.26 |
| #530 | AutoZone Inc | NYSE:AZO | $51.17 Billion | $3105.48 |
| #707 | Hyundai Mobis Co.,Ltd | KO:012330 | $38.68 Billion | ₩640000.00 |
| #948 | DENSO CORP. ADR 4 | F:DNOA | $28.19 Billion | €9.95 |
Nokian Renkaat Oyj Historical Marketcap From 2015 to 2026
Between 2015 and today, Nokian Renkaat Oyj's market cap moved from $3.39 Billion to $ 1.97 Billion, with a yearly change of -4.05%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | €1.97 Billion | +28.90% |
| 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 Jun 16th, 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
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