Nokia Corporation
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 Corporation (NOKBF)
Nokia Corporation (PINK:NOKBF) has a market capitalization of $26.91 Billion ($26.91 Billion) as of March 18, 2026. Listed on the PINK stock exchange, this USA-based company holds position #928 globally and #721 in its home market, demonstrating a -6.41% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Nokia Corporation's stock price $4.82 by its total outstanding shares 5582534171 (5.58 Billion).
Nokia Corporation Market Cap History: 2015 to 2025
Nokia Corporation's market capitalization history from 2015 to 2025. Data shows change from $32.02 Billion to $26.91 Billion (-1.68% CAGR).
Nokia Corporation Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Nokia Corporation'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
1.35x
Nokia Corporation's market cap is 1.35 times its annual revenue
0.65x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
42.79x
Nokia Corporation's market cap is 42.79 times its annual earnings
3.68x
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 |
|---|---|---|---|---|---|
| 2016 | $22.34 Billion | $23.61 Billion | -$766.00 Million | 0.95x | N/A |
| 2017 | $22.64 Billion | $23.15 Billion | -$1.49 Billion | 0.98x | N/A |
| 2018 | $29.76 Billion | $22.56 Billion | -$340.00 Million | 1.32x | N/A |
| 2019 | $18.28 Billion | $23.32 Billion | $7.00 Million | 0.78x | 2611.75x |
| 2020 | $19.90 Billion | $21.87 Billion | -$2.43 Billion | 0.91x | N/A |
| 2021 | $32.91 Billion | $22.20 Billion | $1.62 Billion | 1.48x | 20.28x |
| 2022 | $24.26 Billion | $24.91 Billion | $4.25 Billion | 0.97x | 5.71x |
| 2023 | $18.05 Billion | $22.26 Billion | $665.00 Million | 0.81x | 27.15x |
| 2024 | $23.33 Billion | $19.22 Billion | $1.28 Billion | 1.21x | 18.27x |
| 2025 | $26.91 Billion | $19.88 Billion | $628.76 Million | 1.35x | 42.79x |
Competitor Companies of NOKBF by Market Capitalization
Companies near Nokia Corporation in the global market cap rankings as of March 18, 2026.
Key companies related to Nokia Corporation by market ranking:
- Cisco Systems Inc (NASDAQ:CSCO): Ranked #44 globally with a market cap of $309.49 Billion USD.
- Motorola Solutions Inc (NYSE:MSI): Ranked #354 globally with a market cap of $61.87 Billion USD.
- Shandong Zhongji Electrical Equipment Co Ltd (SHE:300308): Ranked #366 globally with a market cap of $60.49 Billion USD ( CN¥443.86 Billion CNY).
- Ciena Corp (NYSE:CIEN): Ranked #480 globally with a market cap of $45.06 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #44 | Cisco Systems Inc | NASDAQ:CSCO | $309.49 Billion | $78.90 |
| #354 | Motorola Solutions Inc | NYSE:MSI | $61.87 Billion | $470.79 |
| #366 | Shandong Zhongji Electrical Equipment Co Ltd | SHE:300308 | $60.49 Billion | CN¥561.70 |
| #480 | Ciena Corp | NYSE:CIEN | $45.06 Billion | $363.88 |
Nokia Corporation Historical Marketcap From 2015 to 2025
Between 2015 and today, Nokia Corporation's market cap moved from $32.02 Billion to $ 26.91 Billion, with a yearly change of -1.68%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2025 | $26.91 Billion | +15.31% |
| 2024 | $23.33 Billion | +29.25% |
| 2023 | $18.05 Billion | -25.58% |
| 2022 | $24.26 Billion | -26.28% |
| 2021 | $32.91 Billion | +65.33% |
| 2020 | $19.90 Billion | +8.87% |
| 2019 | $18.28 Billion | -38.57% |
| 2018 | $29.76 Billion | +31.46% |
| 2017 | $22.64 Billion | +1.31% |
| 2016 | $22.34 Billion | -30.22% |
| 2015 | $32.02 Billion | -- |
End of Day Market Cap According to Different Sources
On Mar 17th, 2026 the market cap of Nokia Corporation was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $26.91 Billion USD |
| MoneyControl | $26.91 Billion USD |
| MarketWatch | $26.91 Billion USD |
| marketcap.company | $26.91 Billion USD |
| Reuters | $26.91 Billion USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.