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Converge Information And Communications Technology Solutions (PHS:CNVRG) Market Cap : ₱77,752 Mil (As of May. 24, 2024)


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What is Converge Information And Communications Technology Solutions 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). Converge Information And Communications Technology Solutions's share price for the quarter that ended in Mar. 2024 was ₱9.96. Converge Information And Communications Technology Solutions's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 7,267 Mil. Therefore, Converge Information And Communications Technology Solutions's market cap for the quarter that ended in Mar. 2024 was ₱72,375 Mil.

Converge Information And Communications Technology Solutions's quarterly market cap declined from Sep. 2023 (₱69,759 Mil) to Dec. 2023 (₱60,894 Mil) but then increased from Dec. 2023 (₱60,894 Mil) to Mar. 2024 (₱72,375 Mil).

Converge Information And Communications Technology Solutions's annual market cap declined from Dec. 2021 (₱240,089 Mil) to Dec. 2022 (₱115,393 Mil) and declined from Dec. 2022 (₱115,393 Mil) to Dec. 2023 (₱60,894 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. Converge Information And Communications Technology Solutions's Enterprise Value for Today is ₱100,149 Mil.


Converge Information And Communications Technology Solutions Market Cap Historical Data

The historical data trend for Converge Information And Communications Technology Solutions'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.

Converge Information And Communications Technology Solutions Market Cap Chart

Converge Information And Communications Technology Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 112,141.72 240,088.65 115,393.13 60,893.86

Converge Information And Communications Technology Solutions Quarterly Data
Dec18 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 93,012.10 79,350.94 69,759.07 60,893.86 72,375.04

Competitive Comparison of Converge Information And Communications Technology Solutions's Market Cap

For the Telecom Services subindustry, Converge Information And Communications Technology Solutions'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.


Converge Information And Communications Technology Solutions's Market Cap Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Converge Information And Communications Technology Solutions's Market Cap distribution charts can be found below:

* The bar in red indicates where Converge Information And Communications Technology Solutions's Market Cap falls into.



Converge Information And Communications Technology Solutions 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.

Converge Information And Communications Technology Solutions'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 )
=₱8.38*7266.57
=₱60,894

Converge Information And Communications Technology Solutions'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 )
=₱9.96*7266.57
=₱72,375

* 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.


Converge Information And Communications Technology Solutions  (PHS:CNVRG) 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.


Converge Information And Communications Technology Solutions Market Cap Related Terms

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Converge Information And Communications Technology Solutions (PHS:CNVRG) Business Description

Traded in Other Exchanges
N/A
Address
Mc Arthur Highway, New Street Building, Balibago, Angeles, PAM, PHL, 2009
Converge Information And Communications Technology Solutions Inc are engaged in the business of providing Information and communication services and solutions. It provides high-speed fiber optic internet services and other digital consumer-centric services. It operates in two businesses namely Residential Business and Enterprise Business, and it generates maximum revenue from Residential Business.

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