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Grupo SimecB de CV (Grupo SimecB de CV) Market Cap : $4,771 Mil (As of Apr. 27, 2024)


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What is Grupo SimecB de CV Market Cap?

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). Grupo SimecB de CV's share price for the quarter that ended in Dec. 2023 was $31.17. Grupo SimecB de CV's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 154 Mil. Therefore, Grupo SimecB de CV's market cap for the quarter that ended in Dec. 2023 was $4,797 Mil.

Grupo SimecB de CV's quarterly market cap declined from Jun. 2023 ($5,391 Mil) to Sep. 2023 ($4,964 Mil) and declined from Sep. 2023 ($4,964 Mil) to Dec. 2023 ($4,797 Mil).

Grupo SimecB de CV's annual market cap increased from Dec. 2021 ($4,163 Mil) to Dec. 2022 ($5,207 Mil) but then declined from Dec. 2022 ($5,207 Mil) to Dec. 2023 ($4,797 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. Grupo SimecB de CV's Enterprise Value for Today is $3,402 Mil.


Grupo SimecB de CV Market Cap Historical Data

The historical data trend for Grupo SimecB de CV'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.

* Premium members only.

Grupo SimecB de CV Market Cap Chart

Grupo SimecB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,571.35 1,976.48 4,163.24 5,206.72 4,796.91

Grupo SimecB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,206.72 5,361.71 5,390.98 4,964.27 4,796.91

Competitive Comparison of Grupo SimecB de CV's Market Cap

For the Steel subindustry, Grupo SimecB de CV'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.


Grupo SimecB de CV's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Grupo SimecB de CV's Market Cap distribution charts can be found below:

* The bar in red indicates where Grupo SimecB de CV's Market Cap falls into.



Grupo SimecB de CV 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.

Grupo SimecB de CV's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$31.17*153.895
=$4,797

Grupo SimecB de CV's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$31.17*153.895
=$4,797

* 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.


Grupo SimecB de CV  (AMEX:SIM) 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 company’s 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.


Grupo SimecB de CV Market Cap Related Terms

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Grupo SimecB de CV (Grupo SimecB de CV) Business Description

Traded in Other Exchanges
Address
Calzada Lazaro Cardenas 601, Colonia La Nogalera, Guadalajara, JAL, MEX, 44440
Grupo Simec SAB de CV is a diversified manufacturer, processor, and distributor of special bar quality, or SBQ, steel, and structural steel products. The United States, Brazil, and Mexico are the biggest markets for the company. The company's SBQ products are used across a broad range of engineered end-user applications, including axles, hubs, and crankshafts for automobiles and light trucks, machine tools, and off-highway equipment. The company's structural steel products are mainly used in the non-residential construction market and other construction applications.