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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). Piedmont Office Realty Trust's share price for the quarter that ended in Dec. 2023 was $7.11. Piedmont Office Realty Trust's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 123.7 Mil. Therefore, Piedmont Office Realty Trust's market cap for the quarter that ended in Dec. 2023 was $879.6 Mil.
Piedmont Office Realty Trust's quarterly market cap declined from Jun. 2023 ($899.2 Mil) to Sep. 2023 ($695.2 Mil) but then increased from Sep. 2023 ($695.2 Mil) to Dec. 2023 ($879.6 Mil).
Piedmont Office Realty Trust's annual market cap declined from Dec. 2021 ($2,262.2 Mil) to Dec. 2022 ($1,131.9 Mil) and declined from Dec. 2022 ($1,131.9 Mil) to Dec. 2023 ($879.6 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. Piedmont Office Realty Trust's Enterprise Value for Today is $2,885.1 Mil.
The historical data trend for Piedmont Office Realty Trust'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.
Piedmont Office Realty Trust Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Market Cap | Get a 7-Day Free Trial | 2,797.41 | 2,009.91 | 2,262.16 | 1,131.94 | 879.61 |
Piedmont Office Realty Trust Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Market Cap | Get a 7-Day Free Trial | 1,131.94 | 902.59 | 899.24 | 695.17 | 879.61 |
For the REIT - Office subindustry, Piedmont Office Realty Trust'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.
For the REITs industry and Real Estate sector, Piedmont Office Realty Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Piedmont Office Realty Trust's Market Cap falls into.
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.
Piedmont Office Realty Trust'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 ) |
= | $7.11 | * | 123.715 | |
= | $879.6 |
Piedmont Office Realty Trust's Market Cap for the quarter that ended in Dec. 2023 is calculated as
Market Cap (Q: Dec. 2023 ) | = | Share Price (Q: Dec. 2023 ) | * | Shares Outstanding (EOP) (Q: Dec. 2023 ) |
= | $7.11 | * | 123.715 | |
= | $879.6 |
* 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.
Piedmont Office Realty Trust (NYSE:PDM) 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.
Thank you for viewing the detailed overview of Piedmont Office Realty Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Dale H. Taysom | director | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
Kelly Hefner Barrett | director | 4630 WYNMEADE PARK, MARIETTA GA 30067 |
Barbara B Lang | director | 8270 GREENSBORO DRIVE, SUITE 500, MCLEAN VA 22102 |
Jeffrey L. Swope | director | 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342 |
Guilbert Edward H Iii | officer: EVP - Finance & Treasurer | 5565 GLENRIDGE CONNECTOR, SUITE 450, ATLANTA GA 30342 |
Robert E Bowers | officer: Chief Financial Officer | 5565 GLENRIDGE CONNECTOR, STE 450, ATLANTA GA 30342 |
Christopher Brent Smith | officer: EVP- NY Region & Strategic Inv | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
Mary M. Hager | director | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
Frank C Mcdowell | director | PO BOX 29390, SAN FRANCISCO CA 94129-0350 |
Glenn Gary Cohen | director | 3333 NEW HYDE PARK ROAD, NEW HYDE PARK NY 11042 |
Venkatesh S. Durvasula | director | 39 INDIAN MILL ROADH, COS COB CT 06807 |
Laura P Moon | officer: Chief Accounting Officer | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
George M. Wells | officer: EVP- Southeast Region | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
Mizuho Securities Usa Llc | other: See Remarks | 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020 |
Alex Valente | officer: EVP- Southeast Region | 5565 GLENRIDGE CONNECTOR, STE. 450, ATLANTA GA 30342 |
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