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). Hang Seng Bank's share price for the quarter that ended in Dec. 2023 was $11.19. Hang Seng Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,912 Mil. Therefore, Hang Seng Bank's market cap for the quarter that ended in Dec. 2023 was $21,393 Mil.
Hang Seng Bank's quarterly market cap
declined
from Dec. 2022 ($31,272 Mil) to Jun. 2023 ($28,146 Mil) and
declined
from Jun. 2023 ($28,146 Mil) to Dec. 2023 ($21,393 Mil).
Hang Seng Bank's annual market cap
declined
from Dec. 2021 ($35,293 Mil) to Dec. 2022 ($31,272 Mil) and
declined
from Dec. 2022 ($31,272 Mil) to Dec. 2023 ($21,393 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. Hang Seng Bank's Enterprise Value for Today is $18,006 Mil.
Hang Seng Bank Market Cap Historical Data
The historical data trend for Hang Seng Bank'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 Hang Seng Bank's Market Cap
For the Banks - Regional subindustry, Hang Seng Bank'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.
Hang Seng Bank's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Hang Seng Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where Hang Seng Bank's Market Cap falls into.
Hang Seng Bank 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.
Hang Seng Bank'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.
Hang Seng Bank (OTCPK:HSNGF) 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.
Hang Seng Bank Market Cap Related Terms
Thank you for viewing the detailed overview of Hang Seng Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hang Seng Bank (Hang Seng Bank) Business Description
Hang Seng Bank is a Hong Kong-based financial institution. Founded in 1933, the bank has a long history in Hong Kong and operates three main segments, retail banking and wealth management, commercial banking, and global banking and markets. The majority of the group's profit is generated in Hong Kong and mainland China. HSBC has been its majority shareholder since 1965, with a controlling 62% stake.
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