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). SSAB AB's share price for the quarter that ended in Mar. 2024 was $3.72. SSAB AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,993 Mil. Therefore, SSAB AB's market cap for the quarter that ended in Mar. 2024 was $7,415 Mil.
SSAB AB's quarterly market cap
increased
from Sep. 2023 ($5,479 Mil) to Dec. 2023 ($7,890 Mil) but then
declined
from Dec. 2023 ($7,890 Mil) to Mar. 2024 ($7,415 Mil).
SSAB AB's annual market cap
declined
from Dec. 2021 ($5,973 Mil) to Dec. 2022 ($5,551 Mil) but then
increased
from Dec. 2022 ($5,551 Mil) to Dec. 2023 ($7,890 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. SSAB AB's Enterprise Value for Today is $3,963 Mil.
SSAB AB Market Cap Historical Data
The historical data trend for SSAB AB'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 Steel subindustry, SSAB AB'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.
SSAB AB's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, SSAB AB's Market Cap distribution charts can be found below:
* The bar in red indicates where SSAB AB's Market Cap falls into.
SSAB AB 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.
SSAB AB'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.
SSAB AB (OTCPK:SSAAY) 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.
SSAB AB Market Cap Related Terms
Thank you for viewing the detailed overview of SSAB AB's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
SSAB is a Sweden-based company that operates through five divisions. SSAB special steels sell structural high-strength steel, wear-resistant steel, protection steel, and tool steel. SSAB Europe is a Nordic-based producer of the strip, plate, and tube products. SSAB Americas is a Northern American steel plate and coil maker. Tibnor, SSAB's subsidiary, is a Nordic distributor of steel and nonferrous metals. Ruukki Construction, another subsidiary of SSAB, is a Europe-based provider of energy-efficient building and construction solutions. Steel products represent the majority of the company's sales. SSAB primarily serves customers from heavy transport, construction, automotive, construction machinery, energy, and other sectors. SSAB generates most of its revenue from Europe and North America.
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