Nokia OyjMEX:NOKN -7.87%47 Median PS Value is MXN81.71 as of Jun. 27, 2026, which is 100% below its 10-year median of 0.98. GuruFocus rates MEX:NOKN with a GF Score™ of 47/100 and a GF Value™ of MXN84.28 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,553 Hardware companies, Nokia Oyj ranks worse than 82.94% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median 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 Mar. 2026 was MXN76.532. Nokia Oyj's 10-Year median PS Ratio is 1.0677. Therefore, the Median PS Value for today is MXN81.71.
As of today (2026-06-27), Nokia Oyj's share price is MXN224.80. Nokia Oyj's Median PS Value is MXN81.71. Therefore, Nokia Oyj's Price to Median PS Value for today is 2.75.
The historical rank and industry rank for Nokia Oyj's Median PS Value or its related term are showing as below:
MEX:NOKN'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.59 Med: 0.98 Max: 2.75
Current: 2.75
During the past 13 years, the highest Price to Median PS Value of Nokia Oyj was 2.75. The lowest was 0.59. And the median was 0.98.
MEX:NOKN's Price-to-Median-PS-Value is ranked worse than 82.94% of 1553
companies
in the Hardware industry
Industry Median: 1.31
vs MEX:NOKN: 2.75
Nokia Oyj (MEX:NOKN) 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
=
224.80
/
81.71
=
2.75
* 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
Nokia Oyj Median PS Value Historical Data
* Premium members only.
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.
MEX:NOKN vs CSCO, CIEN, MSI: Median PS Value 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 vs Hardware Industry
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.
10-Year Median PS Ratio is 1.0677.
Nokia Oyj's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN76.532.
* 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 (MEX:NOKN) has a Median PS Value of MXN81.71 as of Jun. 27, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nokia Oyj and its competitors. This is 8238% above median its historical median of 0.98. Over the past decade, Nokia Oyj's Median PS Value has ranged from 0.59 to 2.75. According to the industry distribution chart, Nokia Oyj ranks #1288 out of 1553 companies in the Hardware industry, placing it in the top 82.9%.
Is Nokia Oyj's Median PS Value too high?
Nokia Oyj's current Median PS Value of MXN81.71 is 8238% above median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 2.75. Based on the distribution chart, Nokia Oyj ranks #1288 out of 1553 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Nokia Oyj has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokia Oyj's Median PS Value compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Nokia Oyj ranks #1288 out of 1553 companies for Median PS Value. This places Nokia Oyj in the lower half of its industry. The industry median Median PS Value is 1.31. Historically, Nokia Oyj's own Median PS Value has ranged from 0.59 to 2.75 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Median PS Value for a Hardware company?
The median Median PS Value among Hardware companies is 1.31, based on 1,553 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Nokia Oyj and its competitors. For the Hardware industry, the median Median PS Value is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokia Oyj's current Median PS Value is MXN81.71, which is 8238% above median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nokia Oyj stock overvalued right now?
Based on GuruFocus' analysis, Nokia Oyj (MEX:NOKN) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN84.28, compared to a current price of MXN224.80 — trading 166.7% above its estimated fair value. The current Median PS Value is MXN81.71, which is 8238% above median its 10-year median of 0.98. Nokia Oyj's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Nokia Oyj (MEX:NOKN), the current Median PS Value is MXN81.71 as of Jun. 27, 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 Nokia Oyj (MEX:NOKN) Overvalued in 2026?
Based on GuruFocus' analysis, Nokia Oyj stock appears to be overvalued.
The current stock price of MXN224.80 is trading 166.7% above its estimated GF Value™ of MXN84.28.
GuruFocus considers Nokia Oyj to be Significantly Overvalued.
Key valuation signals for MEX:NOKN:
Median PS Value: MXN81.71 (8238% above median its 10-year median of 0.98)
GF Value™: MXN84.28 vs. price of MXN224.80 (166.7% above fair value)
No single metric tells the full story. See the MEX:NOKN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nokia is a networking equipment vendor focused primarily on supporting wireless networks and, to a growing extent, Internet Protocol and optical systems. The firm operates three segments. The mobile infrastructure segment sells equipment and software used to operate the core of carrier and enterprise wireless networks. Network infrastructure comprises IP, optical, and fixed-network equipment, including switching and routing equipment, optical components, and devices used in fiber-to-the-premises networks. The portfolio business comprises businesses considered noncore to Nokia in the future, including fixed wireless access customer premises equipment, enterprise campus edge, and microwave radio.
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