Nokia Price To Sales Ratio from 2010 to 2024
| NOK Stock | USD 4.20 0.01 0.24% |
Price To Sales Ratio | First Reported 2010-12-31 | Previous Quarter 0.77143098 | Current Value 0.73 | Quarterly Volatility 0.49119841 |
Check Nokia Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Nokia Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 670.5 M, Interest Expense of 375.9 M or Selling General Administrative of 2.7 B, as well as many indicators such as Price To Sales Ratio of 0.73, Dividend Yield of 0.0223 or PTB Ratio of 0.79. Nokia financial statements analysis is a perfect complement when working with Nokia Corp Valuation or Volatility modules.
Nokia | Price To Sales Ratio |
Latest Nokia Corp's Price To Sales Ratio Growth Pattern
Below is the plot of the Price To Sales Ratio of Nokia Corp ADR over the last few years. Price to Sales Ratio is figured by comparing Nokia Corp ADR stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Nokia Corp sales, a figure that is much harder to manipulate than other Nokia Corp ADR multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. It is a valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period. Nokia Corp's Price To Sales Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Nokia Corp's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 1.14 X | 10 Years Trend |
|
Price To Sales Ratio |
| Timeline |
Nokia Price To Sales Ratio Regression Statistics
| Arithmetic Mean | 1.10 | |
| Geometric Mean | 0.98 | |
| Coefficient Of Variation | 44.84 | |
| Mean Deviation | 0.40 | |
| Median | 0.98 | |
| Standard Deviation | 0.49 | |
| Sample Variance | 0.24 | |
| Range | 1.5415 | |
| R-Value | (0.19) | |
| Mean Square Error | 0.25 | |
| R-Squared | 0.03 | |
| Significance | 0.51 | |
| Slope | (0.02) | |
| Total Sum of Squares | 3.38 |
Nokia Price To Sales Ratio History
About Nokia Corp Financial Statements
Nokia Corp investors utilize fundamental indicators, such as Price To Sales Ratio, to predict how Nokia Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Price To Sales Ratio | 0.77 | 0.73 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out the analysis of Nokia Corp Correlation against competitors. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Nokia Corp. If investors know Nokia will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Nokia Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.506 | Dividend Share 0.13 | Earnings Share 0.17 | Revenue Per Share 3.591 | Quarterly Revenue Growth (0.08) |
The market value of Nokia Corp ADR is measured differently than its book value, which is the value of Nokia that is recorded on the company's balance sheet. Investors also form their own opinion of Nokia Corp's value that differs from its market value or its book value, called intrinsic value, which is Nokia Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Nokia Corp's market value can be influenced by many factors that don't directly affect Nokia Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Nokia Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Nokia Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Nokia Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.