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Another notable valuation metric for NOK is its P/B ratio of 1.05. The P/B ratio pits a stock's market value against its book value, which is defined as total assets minus total liabilities.
In July, Norwegian seafood exports reached NOK 13 billion ($1.18 billion/€1.08 billion), marking a 6% increase compared to the same period last year.
Nokia Corporation NOK recently announced that it has entered into a three-year agreement with Vodafone Idea Limited (“VIL”) to enhance and expand its 4G and 5G networks in India.