I'll help you out. I'll use my tire size for the example: 225/50/16
225 is the width of the tread in mm
50 is the percent of the tread's measurement and measures the wall (so my wall is 112.5mm)
16 is (well obviously) the diameter in inches of the wheel that the tire fits.
this link should help you out when your buying new wheels and the tires that match.
http://www.miata.net/garage/tirecalc.html