GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Ringerike Hadeland (OSL:RING) » Definitions » Market Cap

SpareBank 1 Ringerike Hadeland (OSL:RING) Market Cap : kr4,522 Mil (As of May. 26, 2024)


View and export this data going back to 1996. Start your Free Trial

What is SpareBank 1 Ringerike Hadeland Market Cap?

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). SpareBank 1 Ringerike Hadeland's share price for the quarter that ended in Mar. 2024 was kr280. SpareBank 1 Ringerike Hadeland's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 16 Mil. Therefore, SpareBank 1 Ringerike Hadeland's market cap for the quarter that ended in Mar. 2024 was kr4,376 Mil.

SpareBank 1 Ringerike Hadeland's quarterly market cap increased from Sep. 2023 (kr4,726 Mil) to Dec. 2023 (kr4,757 Mil) but then declined from Dec. 2023 (kr4,757 Mil) to Mar. 2024 (kr4,376 Mil).

SpareBank 1 Ringerike Hadeland's annual market cap declined from Dec. 2021 (kr5,165 Mil) to Dec. 2022 (kr5,071 Mil) and declined from Dec. 2022 (kr5,071 Mil) to Dec. 2023 (kr4,757 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. SpareBank 1 Ringerike Hadeland's Enterprise Value for Today is kr9,759 Mil.


SpareBank 1 Ringerike Hadeland Market Cap Historical Data

The historical data trend for SpareBank 1 Ringerike Hadeland'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.

* Premium members only.

SpareBank 1 Ringerike Hadeland Market Cap Chart

SpareBank 1 Ringerike Hadeland Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,599.59 3,724.80 5,164.63 5,070.73 4,756.84

SpareBank 1 Ringerike Hadeland Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,008.13 4,882.92 4,726.39 4,756.84 4,376.15

Competitive Comparison of SpareBank 1 Ringerike Hadeland's Market Cap

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland'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.


SpareBank 1 Ringerike Hadeland's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's Market Cap distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's Market Cap falls into.



SpareBank 1 Ringerike Hadeland 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.

SpareBank 1 Ringerike Hadeland's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=kr304*15.6475
=kr4,757

SpareBank 1 Ringerike Hadeland's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=kr280*15.6291
=kr4,376

* 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.


SpareBank 1 Ringerike Hadeland  (OSL:RING) 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 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.


SpareBank 1 Ringerike Hadeland Market Cap Related Terms

Thank you for viewing the detailed overview of SpareBank 1 Ringerike Hadeland's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


SpareBank 1 Ringerike Hadeland (OSL:RING) Business Description

Traded in Other Exchanges
N/A
Address
Southern Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services.

SpareBank 1 Ringerike Hadeland (OSL:RING) Headlines