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Hannover Rueck SE (Hannover Rueck SE) Market Cap : $29,732 Mil (As of Apr. 28, 2024)


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What is Hannover Rueck SE Market Cap?

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). Hannover Rueck SE's share price for the quarter that ended in Dec. 2023 was $39.85. Hannover Rueck SE's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 724 Mil. Therefore, Hannover Rueck SE's market cap for the quarter that ended in Dec. 2023 was $28,834 Mil.

Hannover Rueck SE's quarterly market cap increased from Jun. 2023 ($25,672 Mil) to Sep. 2023 ($26,497 Mil) and increased from Sep. 2023 ($26,497 Mil) to Dec. 2023 ($28,834 Mil).

Hannover Rueck SE's annual market cap increased from Dec. 2021 ($22,407 Mil) to Dec. 2022 ($23,898 Mil) and increased from Dec. 2022 ($23,898 Mil) to Dec. 2023 ($28,834 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. Hannover Rueck SE's Enterprise Value for Today is $34,776 Mil.


Hannover Rueck SE Market Cap Historical Data

The historical data trend for Hannover Rueck SE'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.

* Premium members only.

Hannover Rueck SE Market Cap Chart

Hannover Rueck SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,576.23 19,174.55 22,406.51 23,898.22 28,834.18

Hannover Rueck SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 23,898.22 23,643.81 25,672.19 26,497.06 28,834.18

Competitive Comparison of Hannover Rueck SE's Market Cap

For the Insurance - Reinsurance subindustry, Hannover Rueck SE'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.


Hannover Rueck SE's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Hannover Rueck SE's Market Cap distribution charts can be found below:

* The bar in red indicates where Hannover Rueck SE's Market Cap falls into.



Hannover Rueck SE 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.

Hannover Rueck SE's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$39.85*723.568
=$28,834

Hannover Rueck SE's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$39.85*723.568
=$28,834

* 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.


Hannover Rueck SE  (OTCPK:HVRRY) 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 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.


Hannover Rueck SE Market Cap Related Terms

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Hannover Rueck SE (Hannover Rueck SE) Business Description

Traded in Other Exchanges
Address
Karl-Wiechert-Allee 50, Hannover, NI, DEU, 30625
Hannover Re is a reinsurance company headquartered in Hannover, Germany. Its roots go back to the 1920s when, in conjunction with the Gerling Group, Haftplichtverband founded Eisen- und Stahl to provide reinsurance services. In the 1960s ownership of the business was turned over to Haftplichtverband and Aktiengesellschaft fur Transport und- Ruckversichering was founded. This was the basis of Hannover Re. The business expanded into life and health reinsurance in the 1990s, and over the next 30 years expanded beyond its core domestic market of Germany to write business internationally. Hannover sold its commercial specialty insurance business to Talanx on Jan. 1, 2019. Hannover was listed in the '90s on the Frankfurt Stock Exchange.

Hannover Rueck SE (Hannover Rueck SE) Headlines

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