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). Globe Telecom's share price for the quarter that ended in Mar. 2024 was ₱1769. Globe Telecom's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 144 Mil. Therefore, Globe Telecom's market cap for the quarter that ended in Mar. 2024 was ₱255,141 Mil.
Globe Telecom's quarterly market cap
declined
from Sep. 2023 (₱258,603 Mil) to Dec. 2023 (₱248,074 Mil) but then
increased
from Dec. 2023 (₱248,074 Mil) to Mar. 2024 (₱255,141 Mil).
Globe Telecom's annual market cap
declined
from Dec. 2021 (₱443,883 Mil) to Dec. 2022 (₱314,053 Mil) and
declined
from Dec. 2022 (₱314,053 Mil) to Dec. 2023 (₱248,074 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. Globe Telecom's Enterprise Value for Today is ₱617,826 Mil.
Globe Telecom Market Cap Historical Data
The historical data trend for Globe Telecom'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 Globe Telecom's Market Cap
For the Telecom Services subindustry, Globe Telecom'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.
Globe Telecom's Market Cap Distribution in the Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Globe Telecom's Market Cap distribution charts can be found below:
* The bar in red indicates where Globe Telecom's Market Cap falls into.
Globe Telecom 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.
Globe Telecom's Market Cap for the fiscal year that ended in Dec. 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.
Globe Telecom (PHS:GLO) 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.
Globe Telecom Market Cap Related Terms
Thank you for viewing the detailed overview of Globe Telecom's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.
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