Granite Construction's quarterly market cap
declined
from Jun. 2023 ($1,747 Mil) to Sep. 2023 ($1,670 Mil) but then
increased
from Sep. 2023 ($1,670 Mil) to Dec. 2023 ($2,235 Mil).
Granite Construction's annual market cap
declined
from Dec. 2021 ($1,774 Mil) to Dec. 2022 ($1,534 Mil) but then
increased
from Dec. 2022 ($1,534 Mil) to Dec. 2023 ($2,235 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. Granite Construction's Enterprise Value for Today is $2,552 Mil.
Granite Construction Market Cap Historical Data
The historical data trend for Granite Construction'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 Granite Construction's Market Cap
For the Engineering & Construction subindustry, Granite Construction'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.
Granite Construction's Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, Granite Construction's Market Cap distribution charts can be found below:
* The bar in red indicates where Granite Construction's Market Cap falls into.
Granite Construction 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.
Granite Construction'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.
Granite Construction (NYSE:GVA) 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.
Granite Construction Market Cap Related Terms
Thank you for viewing the detailed overview of Granite Construction's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Granite Construction (Granite Construction) Business Description
Granite Construction Inc engages in the construction and development of various infrastructure projects on behalf of public and private clients in the United States. It focuses on heavy civil infrastructure projects, including roads, highways, transit facilities, airports, and bridges. In addition, the company performs site preparation and infrastructure services for residential development, energy development, and other facilities. The majority of revenue is derived from the company's construction operating segment, with the remainder derived from its materials segment.
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