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). Gulf Bank KSC's share price for the quarter that ended in Mar. 2024 was KWD0.280952. Gulf Bank KSC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3,992.6 Mil. Therefore, Gulf Bank KSC's market cap for the quarter that ended in Mar. 2024 was KWD1,121.7 Mil.
Gulf Bank KSC's quarterly market cap
increased
from Sep. 2023 (KWD883.8 Mil) to Dec. 2023 (KWD1,017.6 Mil) and
increased
from Dec. 2023 (KWD1,017.6 Mil) to Mar. 2024 (KWD1,121.7 Mil).
Gulf Bank KSC's annual market cap
increased
from Dec. 2021 (KWD840.1 Mil) to Dec. 2022 (KWD1,005.0 Mil) and
increased
from Dec. 2022 (KWD1,005.0 Mil) to Dec. 2023 (KWD1,017.6 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. Gulf Bank KSC's Enterprise Value for Today is KWD401.1 Mil.
Gulf Bank KSC Market Cap Historical Data
The historical data trend for Gulf Bank KSC'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 Gulf Bank KSC's Market Cap
For the Banks - Regional subindustry, Gulf Bank KSC'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.
Gulf Bank KSC's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Gulf Bank KSC's Market Cap distribution charts can be found below:
* The bar in red indicates where Gulf Bank KSC's Market Cap falls into.
Gulf Bank KSC 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.
Gulf Bank KSC'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.
Gulf Bank KSC (KUW:GBK) 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.
Gulf Bank KSC Market Cap Related Terms
Thank you for viewing the detailed overview of Gulf Bank KSC's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Gulf Bank KSC is predominantly a Kuwait-based banking service company. The bank's business activities are mapped into two business lines which are Commercial Banking, Treasury & Investments. Commercial Banking engages in the acceptance of deposits from individuals, corporate and institutional customers, and providing consumer loans, overdrafts, credit card facilities, and funds transfer facilities to individuals; and other credit facilities to corporate and institutional customers. The Treasury & Investments segment provides money market, trading, and treasury services, as well as the management of the Bank's funding operations by use of Kuwait Government treasury bonds, government securities, placements, and acceptances with other banks.
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