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). Methode Electronics's share price for the quarter that ended in Jan. 2024 was $20.76. Methode Electronics's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 35 Mil. Therefore, Methode Electronics's market cap for the quarter that ended in Jan. 2024 was $737 Mil.
Methode Electronics's quarterly market cap
declined
from Jul. 2023 ($1,211 Mil) to Oct. 2023 ($816 Mil) and
declined
from Oct. 2023 ($816 Mil) to Jan. 2024 ($737 Mil).
Methode Electronics's annual market cap
declined
from Apr. 2021 ($1,721 Mil) to Apr. 2022 ($1,708 Mil) and
declined
from Apr. 2022 ($1,708 Mil) to Apr. 2023 ($1,468 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. Methode Electronics's Enterprise Value for Today is $667 Mil.
Methode Electronics Market Cap Historical Data
The historical data trend for Methode Electronics'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 Methode Electronics's Market Cap
For the Electronic Components subindustry, Methode Electronics'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.
Methode Electronics's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Methode Electronics's Market Cap distribution charts can be found below:
* The bar in red indicates where Methode Electronics's Market Cap falls into.
Methode Electronics 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.
Methode Electronics's Market Cap for the fiscal year that ended in Apr. 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.
Methode Electronics (NYSE:MEI) 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.
Methode Electronics Market Cap Related Terms
Thank you for viewing the detailed overview of Methode Electronics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Methode Electronics (Methode Electronics) Business Description
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MEI has been successfully added to your 