NKRKF (Nokian Tyres) Cyclically Adjusted PS Ratio: 1.32 (As of Aug. 17, 2026) — 37% Below Median

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NKRKF Nokian Tyres PLC NKRKF
64 GF Score
Price $17.44
GF Value $10.61
Valuation Significantly Overvalued
! 12 Warning Signs
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What is Nokian Tyres Cyclically Adjusted PS Ratio?

Nokian Tyres NKRKF 64 Cyclically Adjusted PS Ratio is 1.32 as of Aug. 17, 2026, which is 37% below its 10-year median of 2.09. GuruFocus rates NKRKF with a GF Score™ of 64/100 and a GF Value™ of $10.61 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 1,040 Vehicles & Parts companies, Nokian Tyres ranks worse than 65.58% on this metric.

As of today (2026-08-17), Nokian Tyres's current share price is $17.44. Nokian Tyres's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was $13.26. Nokian Tyres's Cyclically Adjusted PS Ratio for today is 1.32.

The historical rank and industry rank for Nokian Tyres's Cyclically Adjusted PS Ratio or its related term are showing as below:

NKRKF' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.5   Med: 2.09   Max: 3.93
Current: 1.29

During the past years, Nokian Tyres's highest Cyclically Adjusted PS Ratio was 3.93. The lowest was 0.50. And the median was 2.09.

NKRKF's Cyclically Adjusted PS Ratio is ranked worse than
65.58% of 1040 companies
in the Vehicles & Parts industry
Industry Median: 0.755 vs NKRKF: 1.29

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Nokian Tyres's adjusted revenue per share data for the three months ended in Jun. 2026 was $3.150. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $13.26 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nokian Tyres  (OTCPK:NKRKF) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Nokian Tyres Cyclically Adjusted PS Ratio Related Terms


Nokian Tyres Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Nokian Tyres's Cyclically Adjusted PS Ratio 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.

Nokian Tyres Cyclically Adjusted PS Ratio Chart

Nokian Tyres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.86 0.78 0.68 0.61 0.81

Nokian Tyres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 0.52 0.65 0.81 0.76 1.01

NKRKF vs ORLY, AZO, GPC: Cyclically Adjusted PS Ratio Comparison

For the Auto Parts subindustry, Nokian Tyres's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio 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.


Nokian Tyres Cyclically Adjusted PS Ratio vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's Cyclically Adjusted PS Ratio falls into.


NKRKF
64GF Score
Nokian Tyres PLC NKRKF
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Nokian Tyres Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Nokian Tyres's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=17.44/13.26
=1.32

* 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.

Nokian Tyres's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Nokian Tyres's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.15/125.0800*125.0800
=3.150

Current CPI (Jun. 2026) = 125.0800.

Nokian Tyres Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 2.632 100.540 3.274
201612 3.562 101.020 4.410
201703 2.568 100.910 3.183
201706 3.230 101.140 3.995
201709 2.970 101.320 3.666
201712 4.210 101.510 5.188
201803 3.001 101.730 3.690
201806 3.609 102.320 4.412
201809 3.015 102.600 3.676
201812 3.900 102.710 4.749
201903 2.784 102.870 3.385
201906 3.410 103.360 4.127
201909 2.824 103.540 3.411
201912 3.803 103.650 4.589
202003 2.229 103.490 2.694
202006 2.213 103.320 2.679
202009 2.975 103.710 3.588
202012 3.638 103.890 4.380
202103 2.944 104.870 3.511
202106 3.654 105.360 4.338
202109 3.775 106.290 4.442
202112 4.225 107.490 4.916
202203 2.573 110.950 2.901
202206 2.538 113.570 2.795
202209 2.446 114.920 2.662
202212 2.772 117.320 2.955
202303 1.830 119.750 1.911
202306 2.299 120.690 2.383
202309 2.105 121.280 2.171
202312 2.910 121.540 2.995
202403 1.865 122.360 1.906
202406 2.534 122.230 2.593
202409 2.486 122.260 2.543
202412 2.897 122.390 2.961
202503 2.113 123.010 2.149
202506 2.875 122.530 2.935
202509 2.834 122.880 2.885
202512 3.568 122.670 3.638
202603 2.344 124.670 2.352
202606 3.150 125.080 3.150

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PS Ratio of 1.32 mean?
Nokian Tyres (NKRKF) has a Cyclically Adjusted PS Ratio of 1.32 as of Aug. 17, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nokian Tyres and its competitors. This is 37% below median its historical median of 2.09. Over the past decade, Nokian Tyres' Cyclically Adjusted PS Ratio has ranged from 0.50 to 3.93. According to the industry distribution chart, Nokian Tyres ranks #682 out of 1040 companies in the Vehicles & Parts industry, placing it in the top 65.6%.
Is Nokian Tyres' Cyclically Adjusted PS Ratio too high?
Nokian Tyres' current Cyclically Adjusted PS Ratio of 1.32 is 37% below median its 10-year median of 2.09. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 3.93. The Vehicles & Parts industry median Cyclically Adjusted PS Ratio is 0.76. Nokian Tyres' value of 1.32 is 74.8% above this industry median. Based on the distribution chart, Nokian Tyres ranks #682 out of 1040 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nokian Tyres has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Cyclically Adjusted PS Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #682 out of 1040 companies for Cyclically Adjusted PS Ratio. This places Nokian Tyres in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 0.76. Nokian Tyres' value of 1.32 is 74.8% above this benchmark. Historically, Nokian Tyres' own Cyclically Adjusted PS Ratio has ranged from 0.50 to 3.93 over the past decade. While the company's 10-year median is 2.09 vs. the industry median of 0.76, Nokian Tyres has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Vehicles & Parts company?
The median Cyclically Adjusted PS Ratio among Vehicles & Parts companies is 0.76, based on 1,040 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nokian Tyres's current Cyclically Adjusted PS Ratio of 1.32 is 74.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Cyclically Adjusted PS Ratio is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Cyclically Adjusted PS Ratio is 1.32, which is 37% below median its own 10-year median of 2.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokian Tyres stock overvalued right now?
Based on GuruFocus' analysis, Nokian Tyres (NKRKF) is currently considered Significantly Overvalued. The stock's GF Value™ is $10.61, compared to a current price of $17.44 — trading 64.4% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 1.32, which is 37% below median its 10-year median of 2.09 and 74.8% above the Vehicles & Parts industry median of 0.76. Nokian Tyres' overall GF Score™ is 64/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Nokian Tyres (NKRKF), the current Cyclically Adjusted PS Ratio is 1.32 as of Aug. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Nokian Tyres (NKRKF) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of $17.44 is trading 64.4% above its estimated GF Value™ of $10.61. GuruFocus considers Nokian Tyres to be Significantly Overvalued.

Key valuation signals for NKRKF:

  • Cyclically Adjusted PS Ratio: 1.32 (37% below median its 10-year median of 2.09)
  • GF Value™: $10.61 vs. price of $17.44 (64.4% above fair value)
  • GF Score™: 64/100 with 12 warning signs
  • Industry Position: 74.8% above the Vehicles & Parts median (#682 of 1040)

No single metric tells the full story. See the NKRKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nokian Tyres Business Description

Address Pirkkalaistie 7, P.O. Box 20, Nokia, FIN, 37101
Nokian Tyres PLC develops and manufactures rubber tires under the Nokian Tyres brand name for passenger cars, vans, trucks and heavy machinery. The company sells tires to wholesale distributors and through company-owned retail stores, which are operated under the Vianor brand name. The firm organizes itself into three segments based on product and distribution type: Passenger Car Tyres, Heavy Tyres and Vianor. The Passenger car tyres segment generates the majority of revenue.
64GF Score

Get the complete analysis for NKRKF

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$17.44
Price
$10.61
GF Value