Nokian Tyres (STU:NRE) PE Ratio (TTM): 108.71 (As of Jul. 20, 2026) — 429% Above Median

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STU:NRE Nokian Tyres PLC STU:NRE
73 GF Score
Price €15.22
GF Value €9.52
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Nokian Tyres PE Ratio (TTM)?

Nokian Tyres STU:NRE +18.54% 73 PE Ratio (TTM) is 108.71 as of Jul. 20, 2026, which is 429% above its 10-year median of 20.54. GuruFocus rates STU:NRE with a GF Score™ of 73/100 and a GF Value™ of €9.52 (Significantly Overvalued). The stock has 11 warning signs investors should review. Among 997 Vehicles & Parts companies, Nokian Tyres ranks worse than 100300.8% on this metric.

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). As of today (2026-07-20), Nokian Tyres's share price is €15.22. Nokian Tyres's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.14. Therefore, Nokian Tyres's PE Ratio (TTM) for today is 108.71.


The historical rank and industry rank for Nokian Tyres's PE Ratio (TTM) or its related term are showing as below:


During the past 13 years, the highest PE Ratio (TTM) of Nokian Tyres was 185.44. The lowest was 5.98. And the median was 20.54.


STU:NRE's PE Ratio (TTM) is not ranked *
in the Vehicles & Parts industry.
Industry Median: 17.34
* Ranked among companies with meaningful PE Ratio (TTM) only.

Nokian Tyres's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was €0.14. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.14.

As of today (2026-07-20), Nokian Tyres's share price is €15.22. Nokian Tyres's EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was €0.14. Therefore, Nokian Tyres's PE Ratio without NRI for today is 108.71.

During the past 13 years, Nokian Tyres's highest PE Ratio without NRI was 226.15. The lowest was 5.98. And the median was 20.70.

Nokian Tyres's EPS without NRI for the three months ended in Jun. 2026 was €0.14. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was €0.14.

During the past 13 years, Nokian Tyres's highest 3-Year average EPS without NRI Growth Rate was 203.90% per year. The lowest was -56.00% per year. And the median was 4.70% per year.

Nokian Tyres's EPS (Basic) for the three months ended in Jun. 2026 was €0.14. Its EPS (Basic) for the trailing twelve months (TTM) ended in Jun. 2026 was €0.14.


Nokian Tyres  (STU:NRE) PE Ratio (TTM) Explanation

The PE Ratio (TTM) can be viewed as the number of years it takes for the company to earn back the price you pay for the stock. For example, if a company earns $2 a share per year, and the stock is traded at $30, the PE Ratio (TTM) is 15. Therefore it takes 15 years for the company to earn back the $30 you paid for its stock, assuming the earnings stays constant over the next 15 years.

In real business, earnings never stay constant. If a company can grow its earnings, it takes fewer years for the company to earn back the price you pay for the stock. If a company's earnings decline it takes more years. As a shareholder, you want the company to earn back the price you pay as soon as possible. Therefore, lower P/E stocks are more attractive than higher P/E stocks so long as the PE Ratio (TTM) is positive. Also for stocks with the same PE Ratio (TTM), the one with faster growth business is more attractive.

If a company loses money, the PE Ratio (TTM) becomes meaningless.

To compare stocks with different growth rates, Peter Lynch invented a ratio called PEG Ratio. PEG Ratio is defined as the PE Ratio (TTM) divided by the growth ratio. He thinks a company with a PE Ratio (TTM) equal to its growth rate is fairly valued. Still he said he would rather buy a company growing 20% a year with a PE Ratio (TTM) of 20, instead of a company growing 10% a year with a PE Ratio (TTM) of 10.

Because the PE Ratio (TTM) measures how long it takes to earn back the price you pay, the PE Ratio (TTM) can be applied to the stocks across different industries. That is why it is the one of the most important and widely used indicators for the valuation of stocks.

Similar to the PE Ratio without NRI or PS Ratio or Price-to-Operating-Cash-Flow or Price-to-Free-Cash-Flow , the PE Ratio (TTM) measures the valuation based on the earning power of the company. This is where it is different from the PB Ratio , which measures the valuation based on the company's balance sheet.


Be Aware

Investors need to be aware that the PE Ratio (TTM) can be misleading a lot of times, especially when the underlying business is cyclical and unpredictable. As Peter Lynch pointed out, cyclical businesses have higher profit margins at the peaks of the business cycles. Their earnings are high and PE Ratio (TTM)s are artificially low. It is usually a bad idea to buy a cyclical business when the PE Ratio (TTM) is low. A better ratio to identify the time to buy a cyclical businesses is the PS Ratio .

PE Ratio (TTM) can also be affected by non-recurring-items such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio (TTM).


Nokian Tyres PE Ratio (TTM) Related Terms


Nokian Tyres PE Ratio (TTM) Historical Data

* Premium members only.

The historical data trend for Nokian Tyres's PE Ratio (TTM) 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 PE Ratio (TTM) Chart

Nokian Tyres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PE Ratio (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.35 At Loss At Loss At Loss At Loss

Nokian Tyres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PE Ratio (TTM) 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 At Loss At Loss At Loss N/A At Loss

STU:NRE vs ORLY, AZO, GPC: PE Ratio (TTM) Comparison

For the Auto Parts subindustry, Nokian Tyres's PE Ratio (TTM), along with its competitors' market caps and PE Ratio (TTM) 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 PE Ratio (TTM) vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nokian Tyres's PE Ratio (TTM) distribution charts can be found below:

* The bar in red indicates where Nokian Tyres's PE Ratio (TTM) falls into.


STU:NRE
73GF Score
Nokian Tyres PLC STU:NRE
PE Ratio (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokian Tyres PE Ratio (TTM) Calculation

The PE Ratio (TTM), or Price-to-Earnings ratio, or P/E Ratio, is a financial ratio used to compare a company's market price to its Earnings per Share (Diluted). It is the most widely used ratio in the valuation of stocks.

Nokian Tyres's PE Ratio (TTM) for today is calculated as

PE Ratio (TTM)=Share Price/Earnings per Share (Diluted) (TTM)
=15.22/0.140
=108.71

Nokian Tyres's Share Price of today is €15.22.
Nokian Tyres's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.14.

* 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.

It can also be calculated from the numbers for the whole company:

PE Ratio (TTM)=Market Cap /Net Income

There are at least three kinds of PE Ratio (TTM)s used by different investors. They are Trailing Twelve Month PE Ratio (TTM) or PE Ratio (TTM) (TTM), Forward PE Ratio, or PE Ratio without NRI. A new PE Ratio (TTM) based on inflation-adjusted normalized PE Ratio (TTM) is called Shiller PE Ratio, after Yale professor Robert Shiller.

In the calculation of PE Ratio (TTM), the earnings per share used are the earnings per share over the past 12 months. For Forward PE Ratio, the earnings are the expected earnings for the next twelve months. In the case of PE Ratio without NRI, the reported earnings less the non-recurring items are used.

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. Since it looks at the average over the last 10 years, Shiller PE Ratio is also called PE10.

Frequently Asked Questions Learn more about PE Ratio (TTM) →
What does a PE Ratio (TTM) of 108.71 mean?
Nokian Tyres (STU:NRE) has a PE Ratio (TTM) of 108.71 as of Jul. 20, 2026. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Nokian Tyres and its competitors. This is 429% above median its historical median of 20.54. Over the past decade, Nokian Tyres' PE Ratio (TTM) has ranged from 5.98 to 185.44. According to the industry distribution chart, Nokian Tyres ranks #999999 out of 997 companies in the Vehicles & Parts industry.
Is Nokian Tyres' PE Ratio (TTM) too high?
Nokian Tyres' current PE Ratio (TTM) of 108.71 is 429% above median its 10-year median of 20.54. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 185.44. The Vehicles & Parts industry median PE Ratio (TTM) is 17.34. Nokian Tyres' value of 108.71 is 526.9% above this industry median. Based on the distribution chart, Nokian Tyres ranks #999999 out of 997 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Nokian Tyres has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' PE Ratio (TTM) compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #999999 out of 997 companies for PE Ratio (TTM). This places Nokian Tyres in the lower half of its industry. The industry median PE Ratio (TTM) is 17.34. Nokian Tyres' value of 108.71 is 526.9% above this benchmark. Historically, Nokian Tyres' own PE Ratio (TTM) has ranged from 5.98 to 185.44 over the past decade. While the company's 10-year median is 20.54 vs. the industry median of 17.34, 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 PE Ratio (TTM) for a Vehicles & Parts company?
The median PE Ratio (TTM) among Vehicles & Parts companies is 17.34, based on 997 companies in the industry. Companies in the top quartile (top 25%) have a PE Ratio (TTM) significantly above this median, while those in the bottom quartile fall well below. However, PE Ratio (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nokian Tyres's current PE Ratio (TTM) of 108.71 is 526.9% 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 PE Ratio (TTM) mean?
A high PE Ratio (TTM) can signal that a stock is expensive relative to its fundamentals. Trailing 12-month P/E ratio is the ratio of share price to a company's trailing 12-month earnings per share. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median PE Ratio (TTM) is 17.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current PE Ratio (TTM) is 108.71, which is 429% above median its own 10-year median of 20.54. 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 (STU:NRE) is currently considered Significantly Overvalued. The stock's GF Value™ is €9.52, compared to a current price of €15.22 — trading 59.9% above its estimated fair value. The current PE Ratio (TTM) is 108.71, which is 429% above median its 10-year median of 20.54 and 526.9% above the Vehicles & Parts industry median of 17.34. Nokian Tyres' overall GF Score™ is 73/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PE Ratio (TTM) calculated?
PE Ratio (TTM) is calculated from a company's financial statements. For Nokian Tyres (STU:NRE), the current PE Ratio (TTM) is 108.71 as of Jul. 20, 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 (STU:NRE) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €15.22 is trading 59.9% above its estimated GF Value™ of €9.52. GuruFocus considers Nokian Tyres to be Significantly Overvalued.

Key valuation signals for STU:NRE:

  • PE Ratio (TTM): 108.71 (429% above median its 10-year median of 20.54)
  • GF Value™: €9.52 vs. price of €15.22 (59.9% above fair value)
  • GF Score™: 73/100 with 11 warning signs
  • Industry Position: 526.9% above the Vehicles & Parts median (#999999 of 997)

No single metric tells the full story. See the STU:NRE 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.
73GF Score

Get the complete analysis for STU:NRE

PE Ratio (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.22
Price
€9.52
GF Value