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). Power of Canada's share price for the quarter that ended in Dec. 2023 was C$37.89. Power of Canada's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 652 Mil. Therefore, Power of Canada's market cap for the quarter that ended in Dec. 2023 was C$24,714 Mil.
Power of Canada's quarterly market cap
declined
from Jun. 2023 (C$23,680 Mil) to Sep. 2023 (C$22,785 Mil) but then
increased
from Sep. 2023 (C$22,785 Mil) to Dec. 2023 (C$24,714 Mil).
Power of Canada's annual market cap
declined
from Dec. 2021 (C$28,283 Mil) to Dec. 2022 (C$21,247 Mil) but then
increased
from Dec. 2022 (C$21,247 Mil) to Dec. 2023 (C$24,714 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. Power of Canada's Enterprise Value for Today is C$45,944 Mil.
Power of Canada Market Cap Historical Data
The historical data trend for Power of Canada'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 Power of Canada's Market Cap
For the Insurance - Life subindustry, Power of Canada'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.
Power of Canada's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Power of Canada's Market Cap distribution charts can be found below:
* The bar in red indicates where Power of Canada's Market Cap falls into.
Power of Canada 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.
Power of Canada'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.
Power of Canada (TSX:POW) 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.
Power of Canada Market Cap Related Terms
Thank you for viewing the detailed overview of Power of Canada's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Power Corporation of Canada is a holding company with controlling interests in Great-West Life (an insurance conglomerate), IGM Financial (Canada's largest nonbank asset manager), and other alternative asset-management platforms (Sagard and Power Sustainable). The company also has minority interests in Groupe Bruxelles Lambert (a holding company with interests in European companies) and ChinaAMC (an asset manager in China).
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