Switch to:
Acuity Brands Inc (NYSE:AYI)
Market Cap
$5,366 Mil (As of Today)

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. Acuity Brands Inc's share price for the quarter that ended in May. 2014 was $125.51. Acuity Brands Inc's shares outstanding for the quarter that ended in May. 2014 was 43 Mil. Therefore, Acuity Brands Inc's market cap for the quarter that ended in May. 2014 was $5,366 Mil.

Acuity Brands Inc's quarterly market cap increased from Nov. 2013 ($4,375 Mil) to Feb. 2014 ($6,041 Mil) but then declined from Feb. 2014 ($6,041 Mil) to May. 2014 ($5,423 Mil).

Acuity Brands Inc's annual market cap increased from Aug. 2011 ($1,910 Mil) to Aug. 2012 ($2,681 Mil) and increased from Aug. 2012 ($2,681 Mil) to Aug. 2013 ($3,633 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. Acuity Brands Inc's enterprise value for Today is $5,232 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.

Acuity Brands Inc's Market Cap for the fiscal year that ended in Aug. 2013 is calculated as

Market Cap (A: Aug. 2013 )=Share Price (A: Aug. 2013 )*Shares Outstanding (A: Aug. 2013 )
=85.5*42.49
=3,633

Acuity Brands Inc's Market Cap for the quarter that ended in May. 2014 is calculated as

Market Cap (Q: May. 2014 )=Share Price (Q: May. 2014 )*Shares Outstanding (Q: May. 2014 )
=125.51*43.21
=5,423

* 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.

Acuity Brands Inc Annual Data

Aug04Aug05Aug06Aug07Aug08Aug09Aug10Aug11Aug12Aug13
mktcap 8161,0941,5581,8481,7691,3621,6321,9102,6813,633

Acuity Brands Inc Quarterly Data

Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14May14
mktcap 2,5952,2752,6812,8172,8813,1783,6334,3756,0415,423
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK