PNC Financial Services Group's quarterly market cap
declined
from Jun. 2023 ($50,128 Mil) to Sep. 2023 ($48,904 Mil) but then
increased
from Sep. 2023 ($48,904 Mil) to Dec. 2023 ($61,635 Mil).
PNC Financial Services Group's annual market cap
declined
from Dec. 2021 ($84,218 Mil) to Dec. 2022 ($63,334 Mil) and
declined
from Dec. 2022 ($63,334 Mil) to Dec. 2023 ($61,635 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. PNC Financial Services Group's Enterprise Value for Today is $75,335 Mil.
PNC Financial Services Group Market Cap Historical Data
* 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 PNC Financial Services Group's Market Cap
For the Banks - Regional subindustry, PNC Financial Services Group'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.
PNC Financial Services Group's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, PNC Financial Services Group's Market Cap distribution charts can be found below:
* The bar in red indicates where PNC Financial Services Group's Market Cap falls into.
PNC Financial Services Group 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.
* 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.
PNC Financial Services Group (NYSE:PNC) 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.
PNC Financial Services Group Market Cap Related Terms
Thank you for viewing the detailed overview of PNC Financial Services Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
PNC Financial Services Group (PNC Financial Services Group) Business Description
PNC Financial Services Group is a diversified financial services company offering retail banking, corporate and institutional banking, asset management, and residential mortgage banking across the United States.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PNC has been successfully added to your 