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Shinkin Central Bank (TSE:8421) Market Cap : 円1,741,454 Mil (As of May. 29, 2024)


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What is Shinkin Central Bank 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). Shinkin Central Bank's share price for the quarter that ended in Dec. 2023 was 円269500. Shinkin Central Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 7 Mil. Therefore, Shinkin Central Bank's market cap for the quarter that ended in Dec. 2023 was 円1,807,865 Mil.

Shinkin Central Bank's quarterly market cap increased from Jun. 2023 (円1,830,002 Mil) to Sep. 2023 (円1,856,835 Mil) but then declined from Sep. 2023 (円1,856,835 Mil) to Dec. 2023 (円1,807,865 Mil).

Shinkin Central Bank's annual market cap increased from Mar. 2022 (円1,649,551 Mil) to Mar. 2023 (円1,837,381 Mil) but then declined from Mar. 2023 (円1,837,381 Mil) to Mar. 2024 (円1,799,145 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. Shinkin Central Bank's Enterprise Value for Today is 円-11,687,040 Mil.


Shinkin Central Bank Market Cap Historical Data

The historical data trend for Shinkin Central Bank'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.

Shinkin Central Bank Market Cap Chart

Shinkin Central Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,523,436.76 1,595,214.72 1,649,551.30 1,837,381.46 1,799,144.60

Shinkin Central Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,837,381.46 1,830,002.42 1,856,835.30 1,807,865.29 1,799,144.60

Competitive Comparison of Shinkin Central Bank's Market Cap

For the Banks - Regional subindustry, Shinkin Central Bank'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.


Shinkin Central Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Shinkin Central Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Shinkin Central Bank's Market Cap falls into.



Shinkin Central Bank 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.

Shinkin Central Bank's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=円268200*6.70822
=円1,799,145

Shinkin Central Bank'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 )
=円269500*6.70822
=円1,807,865

* 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.


Shinkin Central Bank  (TSE:8421) 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.


Shinkin Central Bank Market Cap Related Terms

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Shinkin Central Bank (TSE:8421) Business Description

Traded in Other Exchanges
N/A
Address
3-7, Yaesu 1-chome, Chuo-ku, Tokyo, JPN, 103-0028
Shinkin Central Bank provides various financial products and services, including deposit, bond, financing, market operation, securities, and settlement, as well as business support and function supplement for cooperative banks. It uses the funds deposited from Shinkin banks throughout Japan to invest in marketable securities in the financial markets in Japan and overseas. It provides loans to operating companies.

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