What is Nokia Oyj's Price/Book Ratio?
- Nokia Oyj's trailing twelve month (TTM) Price/Book ratio is 1.15.
- Nokia Oyj's annual Price/Book ratio as of today is 0.84.
- Nokia Oyj's quarterly Price/Book ratio is 0.95.
What is the Price/Book Ratio?
The Price/Book (P/B) ratio is a financial metric that compares a company's market value to its book value. It is calculated by dividing the company's stock price by its book value per share. A lower P/B ratio may indicate that the stock is undervalued.
How is the Price/Book Ratio Calculated?
P/B Ratio = (Market Price per Share) / (Book Value per Share)
Related Metrics
Other important metrics to assess Nokia Oyj's financial health include:
- P/E Ratio (Price to Earnings Ratio) - measures the company's current share price relative to its per-share earnings:
- Annual: 25.82
- Quarterly: -34.43
- TTM: 63.89
- P/S Ratio (Price to Sales Ratio) - compares the company's stock price to its revenues:
- Annual: 0.77
- Quarterly: 4.47
- TTM: 1.21
- P/C Ratio (Price to Cash Flow Ratio) - compares the company's market value to its cash flow:
- Annual: 13.04
- Quarterly: 40.84
- TTM: 7.73
- PEG Ratio (Price/Earnings to Growth Ratio) - measures the ratio of the P/E ratio to the company's expected earnings growth rate:
- Annual: -0.31
- Quarterly: 0.26
- TTM: -1.17
These metrics provide insights into Nokia Oyj's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Price/Book Ratio
0.84
Quarterly Price/Book Ratio
0.95
TTM Price/Book Ratio
1.15
Nokia Oyj Historical Price/Book Ratio
Historical P/E Ratio
Historical P/S Ratio
Historical P/C Ratio
Historical PEG Ratio
Nokia Oyj Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Price/Book Ratio | P/E Ratio | P/S Ratio | P/C Ratio | PEG Ratio |
|---|---|---|---|---|---|
| 2023 | 0.84 | 25.82 | 0.77 | 13.04 | -0.31 |
| 2022 | 1.14 | 5.72 | 0.98 | 16.50 | 0.04 |
| 2021 | 1.77 | 18.97 | 1.39 | 11.73 | -0.11 |
| 2020 | 1.43 | -7.42 | 0.82 | 10.21 | 0.00 |
| 2019 | 1.21 | 1029.20 | 0.79 | 47.50 | -9.78 |
| 2018 | 1.84 | -82.69 | 1.25 | 78.10 | 1.08 |
| 2017 | 1.39 | -15.00 | 0.97 | 12.37 | -0.15 |
| 2016 | 1.30 | -34.18 | 1.11 | -18.00 | 0.29 |
| 2015 | 2.27 | 9.62 | 1.90 | 46.80 | -0.34 |
| 2014 | 2.79 | 6.94 | 1.89 | 18.84 | -0.01 |