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). National Grid's share price for the quarter that ended in Sep. 2023 was $60.63. National Grid's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 738 Mil. Therefore, National Grid's market cap for the quarter that ended in Sep. 2023 was $44,722 Mil.
National Grid's quarterly market cap
increased
from Sep. 2022 ($37,722 Mil) to Mar. 2023 ($49,991 Mil) but then
declined
from Mar. 2023 ($49,991 Mil) to Sep. 2023 ($44,722 Mil).
National Grid's annual market cap
increased
from Mar. 2021 ($42,049 Mil) to Mar. 2022 ($56,039 Mil) but then
declined
from Mar. 2022 ($56,039 Mil) to Mar. 2023 ($49,991 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. National Grid's Enterprise Value for Today is $103,373 Mil.
National Grid Market Cap Historical Data
The historical data trend for National Grid'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 National Grid's Market Cap
For the Utilities - Regulated Electric subindustry, National Grid'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.
National Grid's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, National Grid's Market Cap distribution charts can be found below:
* The bar in red indicates where National Grid's Market Cap falls into.
National Grid 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.
National Grid'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.
National Grid (NYSE:NGG) 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.
National Grid Market Cap Related Terms
Thank you for viewing the detailed overview of National Grid's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
National Grid (National Grid) Business Description
National Grid owns and operates the electric transmission system in England and Wales. It sold the bulk of its U.K. gas transmission business in fiscal 2023 to fund the acquisition of PPL's U.K. power distribution assets. In the Northeastern United States, it serves electricity and gas customers combined in three states. It also owns regulated transmission and electricity generation in the United States, metering services, merchant transmission lines in the U.K., and the Grain (U.K.) liquefied natural gas facility.
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