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). United Fire Group's share price for the quarter that ended in Dec. 2023 was $20.12. United Fire Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 25 Mil. Therefore, United Fire Group's market cap for the quarter that ended in Dec. 2023 was $508 Mil.
United Fire Group's quarterly market cap
declined
from Jun. 2023 ($572 Mil) to Sep. 2023 ($499 Mil) but then
increased
from Sep. 2023 ($499 Mil) to Dec. 2023 ($508 Mil).
United Fire Group's annual market cap
increased
from Dec. 2021 ($582 Mil) to Dec. 2022 ($690 Mil) but then
declined
from Dec. 2022 ($690 Mil) to Dec. 2023 ($508 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. United Fire Group's Enterprise Value for Today is $522 Mil.
United Fire Group Market Cap Historical Data
The historical data trend for United Fire Group'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 United Fire Group's Market Cap
For the Insurance - Property & Casualty subindustry, United Fire Group'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.
United Fire Group's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, United Fire Group's Market Cap distribution charts can be found below:
* The bar in red indicates where United Fire Group's Market Cap falls into.
United Fire Group 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.
United Fire Group'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.
United Fire Group (NAS:UFCS) 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.
United Fire Group Market Cap Related Terms
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United Fire Group (United Fire Group) Business Description
United Fire Group Inc is engaged in the business of writing property and casualty insurance and selling annuities through a network of independent agencies. The company's only operating segment is property and casualty insurance, which includes commercial lines insurance, personal lines insurance, and assumed reinsurance. The primary source of revenue is premiums and investment income.
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