Nokian Tyres (CHIX:TYRESH) Shiller PE Ratio: 14.87 (As of Aug. 29, 2026) — 15% Above Median

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CHIX:TYRESH Nokian Tyres PLC CHIX:TYRESH
65 GF Score
Price €11.60
GF Value €6.90
! 12 Warning Signs
View Full Analysis

What is Nokian Tyres Shiller PE Ratio?

Nokian Tyres CHIX:TYRESH 65 Shiller PE Ratio is 14.87 as of Aug. 29, 2026, which is 15% above its 10-year median of 12.95. GuruFocus rates CHIX:TYRESH with a GF Score™ of 65/100 and a GF Value™ of €6.90. The stock has 12 warning signs investors should review. Among 850 Vehicles & Parts companies, Nokian Tyres ranks worse than 52% on this metric.

As of today (2026-08-29), Nokian Tyres's current share price is €11.595. Nokian Tyres's E10 for the quarter that ended in Jun. 2026 was €0.78. Nokian Tyres's Shiller PE Ratio for today is 14.87.

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

CHIX:TYRESh' s Shiller PE Ratio Range Over the Past 10 Years
Min: 4.71   Med: 12.95   Max: 23.84
Current: 19.98

During the past years, Nokian Tyres's highest Shiller PE Ratio was 23.84. The lowest was 4.71. And the median was 12.95.

CHIX:TYRESh's Shiller PE Ratio is ranked worse than
52% of 850 companies
in the Vehicles & Parts industry
Industry Median: 19.54 vs CHIX:TYRESh: 19.98

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Nokian Tyres's adjusted earnings per share data for the three months ended in Jun. 2026 was €0.140. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €0.78 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Nokian Tyres  (CHIX:TYRESh) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Nokian Tyres Shiller PE Ratio Related Terms


Nokian Tyres Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Nokian Tyres's Shiller PE 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 Shiller PE Ratio Chart

Nokian Tyres Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.60 5.84 6.39 6.71 10.66

Nokian Tyres Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 0.00 8.94 10.66 10.73 14.83

CHIX:TYRESH vs ORLY, AZO, GPC: Shiller PE Ratio Comparison

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

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

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


CHIX:TYRESH
65GF Score
Nokian Tyres PLC CHIX:TYRESH
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nokian Tyres Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Nokian Tyres's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=11.595/0.78
=14.87

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.14/125.0800*125.0800
=0.140

Current CPI (Jun. 2026) = 125.0800.

Nokian Tyres Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.440 100.540 0.547
201612 0.670 101.020 0.830
201703 0.330 100.910 0.409
201706 0.520 101.140 0.643
201709 0.070 101.320 0.086
201712 0.690 101.510 0.850
201803 0.340 101.730 0.418
201806 0.630 102.320 0.770
201809 0.480 102.600 0.585
201812 0.700 102.710 0.852
201903 1.410 102.870 1.714
201906 0.530 103.360 0.641
201909 0.370 103.540 0.447
201912 0.580 103.650 0.700
202003 0.020 103.490 0.024
202006 -0.180 103.320 -0.218
202009 0.380 103.710 0.458
202012 0.400 103.890 0.482
202103 0.260 104.870 0.310
202106 0.470 105.360 0.558
202109 0.500 106.290 0.588
202112 0.270 107.490 0.314
202203 0.340 110.950 0.383
202206 -1.670 113.570 -1.839
202209 0.180 114.920 0.196
202212 -0.110 117.320 -0.117
202303 -2.590 119.750 -2.705
202306 0.010 120.690 0.010
202309 0.030 121.280 0.031
202312 0.190 121.540 0.196
202403 -0.180 122.360 -0.184
202406 0.010 122.230 0.010
202409 -0.030 122.260 -0.031
202412 0.040 122.390 0.041
202503 -0.270 123.010 -0.275
202506 0.000 122.530 0.000
202509 0.040 122.880 0.041
202512 0.120 122.670 0.122
202603 -0.160 124.670 -0.161
202606 0.140 125.080 0.140

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 14.87 mean?
Nokian Tyres (CHIX:TYRESH) has a Shiller PE Ratio of 14.87 as of Aug. 29, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Nokian Tyres and its competitors. This is 15% above median its historical median of 12.95. Over the past decade, Nokian Tyres' Shiller PE Ratio has ranged from 4.71 to 23.84. According to the industry distribution chart, Nokian Tyres ranks #442 out of 850 companies in the Vehicles & Parts industry, placing it in the top 52%.
Is Nokian Tyres' Shiller PE Ratio too high?
Nokian Tyres' current Shiller PE Ratio of 14.87 is 15% above median its 10-year median of 12.95. Over the past 10 years, this metric has ranged from a low of 4.71 to a high of 23.84. The Vehicles & Parts industry median Shiller PE Ratio is 19.54. Nokian Tyres' value of 14.87 is 23.9% below this industry median. Based on the distribution chart, Nokian Tyres ranks #442 out of 850 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Nokian Tyres has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Nokian Tyres' Shiller PE Ratio compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Nokian Tyres ranks #442 out of 850 companies for Shiller PE Ratio. This places Nokian Tyres in the lower half of its industry. The industry median Shiller PE Ratio is 19.54. Nokian Tyres' value of 14.87 is 23.9% below this benchmark. Historically, Nokian Tyres' own Shiller PE Ratio has ranged from 4.71 to 23.84 over the past decade. While the company's 10-year median is 12.95 vs. the industry median of 19.54, Nokian Tyres has consistently been below 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 Shiller PE Ratio for a Vehicles & Parts company?
The median Shiller PE Ratio among Vehicles & Parts companies is 19.54, based on 850 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Nokian Tyres's current Shiller PE Ratio of 14.87 is 23.9% below 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Nokian Tyres and its competitors. For the Vehicles & Parts industry, the median Shiller PE Ratio is 19.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nokian Tyres's current Shiller PE Ratio is 14.87, which is 15% above median its own 10-year median of 12.95. 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?
Nokian Tyres (CHIX:TYRESH) has a current Shiller PE Ratio of 14.87. The stock's GF Value™ is €6.90, compared to a current price of €11.60 — trading 68% above its estimated fair value. The current Shiller PE Ratio is 14.87, which is 15% above median its 10-year median of 12.95 and 23.9% below the Vehicles & Parts industry median of 19.54. Nokian Tyres' overall GF Score™ is 65/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Nokian Tyres (CHIX:TYRESH), the current Shiller PE Ratio is 14.87 as of Aug. 29, 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 (CHIX:TYRESH) Overvalued in 2026?

Based on GuruFocus' analysis, Nokian Tyres stock appears to be overvalued. The current stock price of €11.60 is trading 68% above its estimated GF Value™ of €6.90.

Key valuation signals for CHIX:TYRESH:

  • Shiller PE Ratio: 14.87 (15% above median its 10-year median of 12.95)
  • GF Value™: €6.90 vs. price of €11.60 (68% above fair value)
  • GF Score™: 65/100 with 12 warning signs
  • Industry Position: 23.9% below the Vehicles & Parts median (#442 of 850)

No single metric tells the full story. See the CHIX:TYRESH 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.
65GF Score

Get the complete analysis for CHIX:TYRESH

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

€11.60
Price
€6.90
GF Value