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). Reinsurance Group of America's share price for the quarter that ended in Dec. 2023 was $161.78. Reinsurance Group of America's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 66 Mil. Therefore, Reinsurance Group of America's market cap for the quarter that ended in Dec. 2023 was $10,616 Mil.
Reinsurance Group of America's quarterly market cap
increased
from Jun. 2023 ($9,183 Mil) to Sep. 2023 ($9,564 Mil) and
increased
from Sep. 2023 ($9,564 Mil) to Dec. 2023 ($10,616 Mil).
Reinsurance Group of America's annual market cap
increased
from Dec. 2021 ($7,355 Mil) to Dec. 2022 ($9,474 Mil) and
increased
from Dec. 2022 ($9,474 Mil) to Dec. 2023 ($10,616 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. Reinsurance Group of America's Enterprise Value for Today is $14,017 Mil.
Reinsurance Group of America Market Cap Historical Data
The historical data trend for Reinsurance Group of America'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 Reinsurance Group of America's Market Cap
For the Insurance - Reinsurance subindustry, Reinsurance Group of America'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.
Reinsurance Group of America's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Reinsurance Group of America's Market Cap distribution charts can be found below:
* The bar in red indicates where Reinsurance Group of America's Market Cap falls into.
Reinsurance Group of America 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.
Reinsurance Group of America'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.
Reinsurance Group of America (NYSE:RGA) 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.
Reinsurance Group of America Market Cap Related Terms
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Reinsurance Group of America (Reinsurance Group of America) Business Description
Reinsurance Group of America Inc is an insurance holding company with operations in the United States, Latin America, Canada, Europe, Africa, Asia and Australia. The core products and services include life reinsurance, living benefits reinsurance, group reinsurance, health reinsurance, financial solutions, facultative underwriting, and product development. The company's operations are divided into traditional and financial solution businesses.
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