Rhythm Pharmaceuticals's quarterly market cap
increased
from Sep. 2023 ($1,354.62 Mil) to Dec. 2023 ($2,731.84 Mil) but then
declined
from Dec. 2023 ($2,731.84 Mil) to Mar. 2024 ($2,641.59 Mil).
Rhythm Pharmaceuticals's annual market cap
increased
from Dec. 2021 ($501.83 Mil) to Dec. 2022 ($1,648.55 Mil) and
increased
from Dec. 2022 ($1,648.55 Mil) to Dec. 2023 ($2,731.84 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. Rhythm Pharmaceuticals's Enterprise Value for Today is $2,117.46 Mil.
* 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 Rhythm Pharmaceuticals's Market Cap
For the Biotechnology subindustry, Rhythm Pharmaceuticals'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.
Rhythm Pharmaceuticals's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, Rhythm Pharmaceuticals's Market Cap distribution charts can be found below:
* The bar in red indicates where Rhythm Pharmaceuticals's Market Cap falls into.
Rhythm Pharmaceuticals 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.
Rhythm Pharmaceuticals'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.
Rhythm Pharmaceuticals (NAS:RYTM) 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.
Rhythm Pharmaceuticals Market Cap Related Terms
Thank you for viewing the detailed overview of Rhythm Pharmaceuticals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rhythm Pharmaceuticals (Rhythm Pharmaceuticals) Business Description
Rhythm Pharmaceuticals Inc is a biopharmaceutical company. It is engaged in development and commercialization of therapies for patients with rare diseases. It is focused on the development and commercialization of peptide therapeutics for the treatment of gastrointestinal, or GI, diseases, and genetic deficiencies that result in metabolic disorders. The company's product candidate is setmelanotide (RM 493), which is a potent, melanocortin 4, or MC4, receptor agonist for the treatment of rare genetic disorders of obesity caused by MC4 pathway deficiencies.
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