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). CLP Holdings's share price for the quarter that ended in Dec. 2023 was $7.7. CLP Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,526 Mil. Therefore, CLP Holdings's market cap for the quarter that ended in Dec. 2023 was $19,454 Mil.
CLP Holdings's quarterly market cap
increased
from Dec. 2022 ($18,241 Mil) to Jun. 2023 ($19,075 Mil) and
increased
from Jun. 2023 ($19,075 Mil) to Dec. 2023 ($19,454 Mil).
CLP Holdings's annual market cap
declined
from Dec. 2021 ($25,578 Mil) to Dec. 2022 ($18,241 Mil) but then
increased
from Dec. 2022 ($18,241 Mil) to Dec. 2023 ($19,454 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. CLP Holdings's Enterprise Value for Today is $26,893 Mil.
CLP Holdings Market Cap Historical Data
The historical data trend for CLP Holdings'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.
Competitive Comparison of CLP Holdings's Market Cap
For the Utilities - Regulated Electric subindustry, CLP Holdings'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.
CLP Holdings's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, CLP Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where CLP Holdings's Market Cap falls into.
CLP Holdings 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.
CLP Holdings'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.
CLP Holdings (OTCPK:CLPHF) 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.
CLP Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of CLP Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
CLP Holdings is the larger of the two electric utility companies in Hong Kong, serving 80% of the city population. It generates, transmits and distributes electricity to about 2.6 million customers in Kowloon and the New Territories through its wholly owned network. The business is regulated by the Hong Kong government with a permitted return on net fixed asset of 8.00%. Besides Hong Kong, the company has expanded its reach overseas, with generation and retail assets in Australia and generation assets in China, India, Taiwan, and Southeast Asia. Its Hong Kong activities made up more than 80% of recurring net profit in 2021.
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