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Nokia Oyj (Nokia Oyj) Median PS Value

: $5.05 (As of Today)
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This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

Median PS Value is calculated as trailing twelve months (TTM) Revenue per Share times 10-Year median PS Ratio. Nokia Oyj's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $4.289. Nokia Oyj's 10-Year median PS Ratio is 1.1774. Therefore, the Median PS Value for today is $5.05.

As of today (2024-04-19), Nokia Oyj's share price is $3.45. Nokia Oyj's Median PS Value is $5.05. Therefore, Nokia Oyj's Price to Median PS Value for today is 0.68.

The historical rank and industry rank for Nokia Oyj's Median PS Value or its related term are showing as below:

NOK' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.64   Med: 0.94   Max: 1.71
Current: 0.68

During the past 13 years, the highest Price to Median PS Value of Nokia Oyj was 1.71. The lowest was 0.64. And the median was 0.94.

NOK's Price-to-Median-PS-Value is ranked better than
79.3% of 1512 companies
in the Hardware industry
Industry Median: 1.12 vs NOK: 0.68

Nokia Oyj Median PS Value Historical Data

The historical data trend for Nokia Oyj's Median PS Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Nokia Oyj Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Median PS Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.46 5.67 5.31 5.83 5.36

Nokia Oyj Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Median PS Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.83 6.06 6.02 5.45 5.36

Competitive Comparison

For the Communication Equipment subindustry, Nokia Oyj's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Nokia Oyj Price-to-Median-PS-Value Distribution

For the Hardware industry and Technology sector, Nokia Oyj's Price-to-Median-PS-Value distribution charts can be found below:

* The bar in red indicates where Nokia Oyj's Price-to-Median-PS-Value falls into.



Nokia Oyj Median PS Value Calculation

Nokia Oyj's Median PS Value for today is calculated as

Median PS Value=Revenue per Share (TTM)*10-Year Median PS Ratio
=4.289*1.1774
=5.05

10-Year Median PS Ratio is 1.1774.
Nokia Oyj's Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $4.289.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nokia Oyj  (NYSE:NOK) Median PS Value Explanation

This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.

It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.

Nokia Oyj's Price to Median PS Value for today is calculated as

Price to Median PS Value=Share Price/Median PS Value
=3.45/5.05
=0.68

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Nokia Oyj Median PS Value Related Terms

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Nokia Oyj (Nokia Oyj) Business Description

Address
Karakaari 7, Espoo, FIN, FI-02610
Nokia provides telecom equipment and services that are used to build wireless and fixed-line networks. It operates in four segments. The mobile networks segment, which sells equipment and services to telecom carriers to power public wireless networks, is the largest, followed closely by network infrastructure. Network infrastructure focuses on fixed networks, including infrastructure, solutions, and components for IP networks, optical networks, and submarine networks. Cloud and network services is a nascent segment catering to enterprises with as-a-service platforms. Nokia also has a sizable research division and patent business, where it licenses technology used by handset providers, consumer electronics firms, and other firms making electronic and Internet of Things products.

Nokia Oyj (Nokia Oyj) Headlines

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