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). Protagenic Therapeutics's share price for the quarter that ended in Dec. 2023 was $0.99. Protagenic Therapeutics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 4.44 Mil. Therefore, Protagenic Therapeutics's market cap for the quarter that ended in Dec. 2023 was $4.39 Mil.
Protagenic Therapeutics's quarterly market cap
declined
from Jun. 2023 ($8.79 Mil) to Sep. 2023 ($7.97 Mil) and
declined
from Sep. 2023 ($7.97 Mil) to Dec. 2023 ($4.39 Mil).
Protagenic Therapeutics's annual market cap
declined
from Dec. 2021 ($23.84 Mil) to Dec. 2022 ($6.91 Mil) and
declined
from Dec. 2022 ($6.91 Mil) to Dec. 2023 ($4.39 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. Protagenic Therapeutics's Enterprise Value for Today is $0.69 Mil.
Protagenic Therapeutics Market Cap Historical Data
The historical data trend for Protagenic Therapeutics'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.
For the Biotechnology subindustry, Protagenic Therapeutics'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.
Protagenic Therapeutics Market Cap Distribution
For the Biotechnology industry and Healthcare sector, Protagenic Therapeutics's Market Cap distribution charts can be found below:
* The bar in red indicates where Protagenic Therapeutics's Market Cap falls into.
Protagenic Therapeutics 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.
Protagenic Therapeutics'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.
Protagenic Therapeutics (NAS:PTIX) 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.
Protagenic Therapeutics Market Cap Related Terms
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Protagenic Therapeutics (Protagenic Therapeutics) Business Description
Protagenic Therapeutics Inc is a biopharmaceutical company focused on the discovery and development of therapeutics to treat stress-related neuropsychiatric and mood disorders. It provides treatments for mood, anxiety, depression and neurodegenerative disorders by using peptide-based and brain active therapeutics. The company's lead compound, PT00114, is a synthetic form of Teneurin Carboxy-terminal Associated Peptide, an endogenous brain signaling peptide that can dampen overactive stress responses. It has also created a portfolio of novel neuropeptides that are in various stages of development and preclinical evaluation for the treatment of mood disorders.
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