Switch to:
Clorox Co (NYSE:CLX)
Market Cap
$11,573 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. Clorox Co's share price for the quarter that ended in Jun. 2014 was $91.4. Clorox Co's shares outstanding for the quarter that ended in Jun. 2014 was 129 Mil. Therefore, Clorox Co's market cap for the quarter that ended in Jun. 2014 was $11,573 Mil.

Clorox Co's quarterly market cap declined from Dec. 2013 ($12,046 Mil) to Mar. 2014 ($11,309 Mil) but then increased from Mar. 2014 ($11,309 Mil) to Jun. 2014 ($11,753 Mil).

Clorox Co's annual market cap increased from Jun. 2012 ($9,388 Mil) to Jun. 2013 ($10,839 Mil) and increased from Jun. 2013 ($10,839 Mil) to Jun. 2014 ($11,753 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. Clorox Co's enterprise value for Today is $13,730 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.

Clorox Co's Market Cap for the fiscal year that ended in Jun. 2014 is calculated as

Market Cap (A: Jun. 2014 )=Share Price (A: Jun. 2014 )*Shares Outstanding (A: Jun. 2014 )
=91.4*128.59
=11,753

Clorox Co's Market Cap for the quarter that ended in Jun. 2014 is calculated as

Market Cap (Q: Jun. 2014 )=Share Price (Q: Jun. 2014 )*Shares Outstanding (Q: Jun. 2014 )
=91.4*128.59
=11,753

* 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.

Clorox Co Annual Data

Jun05Jun06Jun07Jun08Jun09Jun10Jun11Jun12Jun13Jun14
mktcap 8,5899,1988,5937,2067,7698,6258,8399,38810,83911,753

Clorox Co Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
mktcap 8,9349,3889,3859,58211,64710,83910,54212,04611,30911,753
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