Nokia Corporation Market Cap: 18.58B
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NOK Market Cap Rankings
| Overall | 94th percentile | 271 of 4673 |
| Sector | 95th percentile | 42 of 877 in Technology |
| Industry | 95th percentile | 3 of 67 in Communication Equipment |
NOK Market Cap Range, Past 5 Years
| Minimum | 63.02B | Sep 2002 |
| Maximum | 115.97B | Dec 2001 |
| Average | 79.21B |
About Market Capitalization
Market Capitalization (Market Cap) is a measurement of business value based on share price and number of shares outstanding. It generally represents the market's view of a company's stock value and is a determining factor in stock valuation.
For example, if a company has 1.5 million shares outstanding at a share price of $25, its market cap is $37.5 million (1.5 million x $25). Companies can be categorized based upon the size of their market capitalization.
There are five basic groups: mega-cap (market cap over $200B), large-cap ($10B–$200B), mid-cap ($2B–$10B), small-cap ($300M–$2B), and micro-cap ($50M-$300M). Market cap is not always an accurate indication of value because it does not account for debt and other factors.
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