Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). AIA Group's share price for the quarter that ended in Dec. 2023 was $34.67. AIA Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,840 Mil. Therefore, AIA Group's market cap for the quarter that ended in Dec. 2023 was $98,478 Mil.
AIA Group's quarterly market cap
declined
from Dec. 2022 ($130,335 Mil) to Jun. 2023 ($117,615 Mil) and
declined
from Jun. 2023 ($117,615 Mil) to Dec. 2023 ($98,478 Mil).
AIA Group's annual market cap
increased
from Dec. 2021 ($121,951 Mil) to Dec. 2022 ($130,335 Mil) but then
declined
from Dec. 2022 ($130,335 Mil) to Dec. 2023 ($98,478 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. AIA Group's Enterprise Value for Today is $78,145 Mil.
AIA Group Market Cap Historical Data
The historical data trend for AIA Group's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Insurance - Life subindustry, AIA Group's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AIA Group's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, AIA Group's Market Cap distribution charts can be found below:
* The bar in red indicates where AIA Group's Market Cap falls into.
AIA Group Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
AIA Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
AIA Group (OTCPK:AAGIY) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
AIA Group Market Cap Related Terms
Thank you for viewing the detailed overview of AIA Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
AIA is one of the largest pan-Asian insurance providers with a wide range of products including retirement savings plans, life insurance, and accident and health insurance. The company is headquartered in Hong Kong. It was previously part of AIG and went for a separate listing in Hong Kong in 2010. The firm also provides employee benefits, credit life, and pension services to corporate clients. AIA is present in 18 markets and serves the holders of more than 30 million individual policies and over 16 million participating members of group insurance schemes.
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