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AmerisourceBergen Corp (NYSE:ABC)
Market Cap
$16,173 Mil (As of Dec. 2013)

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. AmerisourceBergen Corp's share price for the quarter that ended in Dec. 2013 was $70.31. AmerisourceBergen Corp's shares outstanding for the quarter that ended in Dec. 2013 was 230 Mil. Therefore, AmerisourceBergen Corp's market cap for the quarter that ended in Dec. 2013 was $16,173 Mil.

AmerisourceBergen Corp's quarterly market cap increased from Jun. 2013 ($12,886 Mil) to Sep. 2013 ($14,108 Mil) and increased from Sep. 2013 ($14,108 Mil) to Dec. 2013 ($16,173 Mil).

AmerisourceBergen Corp's annual market cap declined from Sep. 2011 ($9,727 Mil) to Sep. 2012 ($9,112 Mil) but then increased from Sep. 2012 ($9,112 Mil) to Sep. 2013 ($14,108 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. AmerisourceBergen Corp's enterprise value for the quarter that ended in Dec. 2013 was $17,646 Mil.


Definition

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.

AmerisourceBergen Corp's Market Cap for the fiscal year that ended in Sep. 2013 is calculated as

Market Cap (A: Sep. 2013 )=Share Price (A: Sep. 2013 )*Shares Outstanding (A: Sep. 2013 )
=61.1*230.90
=14,108

AmerisourceBergen Corp's Market Cap for the quarter that ended in Dec. 2013 is calculated as

Market Cap (Q: Dec. 2013 )=Share Price (Q: Dec. 2013 )*Shares Outstanding (Q: Dec. 2013 )
=70.31*230.03
=16,173

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 company’s 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.


Related Terms

Shares Outstanding


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

AmerisourceBergen Corp Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
mktcap 5,9167,8368,8408,1675,9666,4448,5099,7279,11214,108

AmerisourceBergen Corp Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
mktcap 9,7279,61010,1309,8859,1129,92811,87912,88614,10816,173
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