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). Dorian LPG's share price for the quarter that ended in Dec. 2023 was $43.87. Dorian LPG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 40.6 Mil. Therefore, Dorian LPG's market cap for the quarter that ended in Dec. 2023 was $1,781.5 Mil.
Dorian LPG's quarterly market cap
increased
from Jun. 2023 ($1,036.1 Mil) to Sep. 2023 ($1,166.7 Mil) and
increased
from Sep. 2023 ($1,166.7 Mil) to Dec. 2023 ($1,781.5 Mil).
Dorian LPG's annual market cap
increased
from Mar. 2021 ($544.8 Mil) to Mar. 2022 ($582.3 Mil) and
increased
from Mar. 2022 ($582.3 Mil) to Mar. 2023 ($805.2 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. Dorian LPG's Enterprise Value for Today is $2,561.8 Mil.
Dorian LPG Market Cap Historical Data
The historical data trend for Dorian LPG'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.
For the Oil & Gas Midstream subindustry, Dorian LPG'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.
Dorian LPG's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Dorian LPG's Market Cap distribution charts can be found below:
* The bar in red indicates where Dorian LPG's Market Cap falls into.
Dorian LPG 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.
Dorian LPG's Market Cap for the fiscal year that ended in Mar. 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.
Dorian LPG (NYSE:LPG) 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.
Dorian LPG Market Cap Related Terms
Thank you for viewing the detailed overview of Dorian LPG's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Dorian LPG Ltd is an international liquefied petroleum gas shipping company focused on owning and operating gas carriers, or VLGCs. The company currently owns and operates around 22 modern VLGCs, including nineteen new fuel-efficient 84,000 cbm ECO-design VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom, and Athens, Greece.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LPG has been successfully added to your 