What is the price-to-earnings ratio of Nokia Oyj?
The price-earnings ratio of Nokia Oyj is currently 10.39.
Nokia Oyj P/E 2024
Nokia Oyj P/E
10.39
Ticker
NOKIA.HE
ISIN
FI0009000681
WKN
870737
As of Sep 7, 2024, Nokia Oyj's P/E ratio was 10.39, a -67.27% change from the 31.74 P/E ratio recorded in the previous year.
The Nokia Oyj P/E history
Nokia Oyj Aktienanalyse
What does Nokia Oyj do?
Nokia Oyj is a Finnish company that has made a name for itself in the telecommunications and technology industry. The company was founded in 1865 as a pulp mill. Later, the company expanded into paper production and the manufacturing of rubber products. It wasn't until the 1960s that Nokia turned to the electronics industry and specialized in telecommunications equipment. In the 1980s, Nokia was one of the pioneers in the development of mobile phones. With the introduction of the first Finnish mobile phone, the Mobira Senator, Nokia entered the mobile business world in 1982. In the following years, the company developed several mobile phones and expanded its position in the mobile phone market. A milestone in Nokia's history was the introduction of the GSM standard in 1987. Nokia became one of the largest producers and suppliers of telecommunications equipment and mobile phones worldwide. With the advent of smartphones and increasing competition, Nokia was unable to maintain its dominant position in the mobile phone market. In 2014, Microsoft acquired Nokia's mobile phone division, and the company subsequently focused on network technology and infrastructure. Nokia has since solidified its position as a leading provider of network solutions and services worldwide. At the core of Nokia's business model are the development and sale of network solutions and services. The products and services offered include network equipment, unified communications, network analysis and management, as well as cybersecurity services. Nokia also develops software and hardware products to make mobile networks more efficient and secure. In addition, Nokia also offers software-as-a-service (SaaS) solutions for businesses and public institutions. Nokia is divided into different divisions that serve different areas of network technology. The company operates in the following areas: Networks, which include the production of radio access networks (RAN), fixed and optical networks, IP networks, network services, and digital transformation; Software; as well as IoT, Cloud, and Security. Nokia's latest products include network functions for 5G, a network automation platform that enables brokers to automatically add new connections and improve the performance of networks with vulnerabilities. Other developments include a quantum crypto solution for network security and Edge Cloud, a cloud-based edge computing platform. In addition, Nokia is working on various research projects and innovations to further solidify its position in the network and telecommunications market. These include developments and research in the field of autonomous drones for 5G networks or applications for 5G IoT, which enable IoT applications to operate in high-speed 5G networks. Overall, Nokia is a company with a rich history in the telecommunications sector that has now evolved into one of the leading providers of network solutions and services worldwide. With continuous innovation and research developments, Nokia will continue to be an important player in the telecommunications and network market in the future. Nokia Oyj ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering Nokia Oyj's P/E Ratio
The Price to Earnings (P/E) Ratio of Nokia Oyj is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing Nokia Oyj's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of Nokia Oyj is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in Nokia Oyj’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about Nokia Oyj stock
How has the price-earnings ratio of Nokia Oyj changed compared to last year?
The price-to-earnings ratio of Nokia Oyj has increased by -67.27% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of Nokia Oyj high compared to other companies?
Yes, the price-to-earnings ratio of Nokia Oyj is high compared to other companies.
How does an increase in the price-earnings ratio of Nokia Oyj affect the company?
An increase in the price-earnings ratio of Nokia Oyj would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of Nokia Oyj affect the company?
A decrease in the price-earnings ratio of Nokia Oyj would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of Nokia Oyj?
Some factors that influence the price-earnings ratio of Nokia Oyj are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does Nokia Oyj pay?
Over the past 12 months, Nokia Oyj paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Nokia Oyj is expected to pay a dividend of 0.13 EUR.
What is the dividend yield of Nokia Oyj?
The current dividend yield of Nokia Oyj is .
When does Nokia Oyj pay dividends?
Nokia Oyj pays a quarterly dividend. This is distributed in the months of February, May, August, August.
How secure is the dividend of Nokia Oyj?
Nokia Oyj paid dividends every year for the past 6 years.
What is the dividend of Nokia Oyj?
For the upcoming 12 months, dividends amounting to 0.13 EUR are expected. This corresponds to a dividend yield of 3.37 %.
In which sector is Nokia Oyj located?
Nokia Oyj is assigned to the 'Information technology' sector.
Wann musste ich die Aktien von Nokia Oyj kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of Nokia Oyj from 8/1/2024 amounting to 0.03 EUR, you needed to have the stock in your portfolio before the ex-date on 7/23/2024.
When did Nokia Oyj pay the last dividend?
The last dividend was paid out on 8/1/2024.
What was the dividend of Nokia Oyj in the year 2023?
In the year 2023, Nokia Oyj distributed 0.06 EUR as dividends.
In which currency does Nokia Oyj pay out the dividend?
The dividends of Nokia Oyj are distributed in EUR.
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Andere Kennzahlen von Nokia Oyj
Our stock analysis for Nokia Oyj Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Nokia Oyj Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
