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Layne Christensen Co (NAS:LAYN)
Market Cap
$385 Mil (As of Oct. 2013)

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. Layne Christensen Co's share price for the quarter that ended in Oct. 2013 was $19.34. Layne Christensen Co's shares outstanding for the quarter that ended in Oct. 2013 was 20 Mil. Therefore, Layne Christensen Co's market cap for the quarter that ended in Oct. 2013 was $385 Mil.

Layne Christensen Co's quarterly market cap declined from Apr. 2013 ($405 Mil) to Jul. 2013 ($387 Mil) and declined from Jul. 2013 ($387 Mil) to Oct. 2013 ($385 Mil).

Layne Christensen Co's annual market cap declined from Jan. 2011 ($617 Mil) to Jan. 2012 ($458 Mil) and declined from Jan. 2012 ($458 Mil) to Jan. 2013 ($449 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. Layne Christensen Co's enterprise value for the quarter that ended in Oct. 2013 was $473 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.

Layne Christensen Co's Market Cap for the fiscal year that ended in Jan. 2013 is calculated as

Market Cap (A: Jan. 2013 )=Share Price (A: Jan. 2013 )*Shares Outstanding (A: Jan. 2013 )
=22.67*19.82
=449

Layne Christensen Co's Market Cap for the quarter that ended in Oct. 2013 is calculated as

Market Cap (Q: Oct. 2013 )=Share Price (Q: Oct. 2013 )*Shares Outstanding (Q: Oct. 2013 )
=19.34*19.89
=385

* 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.

Layne Christensen Co Annual Data

Jan04Jan05Jan06Jan07Jan08Jan09Jan10Jan11Jan12Jan13
mktcap 155239424548625306492617458449

Layne Christensen Co Quarterly Data

Jul11Oct11Jan12Apr12Jul12Oct12Jan13Apr13Jul13Oct13
mktcap 577496458408418442449405387385
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