Switch to:
Varian Medical Systems Inc (NYSE:VAR)
Market Cap
$8,528 Mil (As of Today)

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. Varian Medical Systems Inc's share price for the quarter that ended in Jun. 2014 was $83.85. Varian Medical Systems Inc's shares outstanding for the quarter that ended in Jun. 2014 was 104 Mil. Therefore, Varian Medical Systems Inc's market cap for the quarter that ended in Jun. 2014 was $8,528 Mil.

Varian Medical Systems Inc's quarterly market cap increased from Dec. 2013 ($8,181 Mil) to Mar. 2014 ($8,697 Mil) and increased from Mar. 2014 ($8,697 Mil) to Jun. 2014 ($8,716 Mil).

Varian Medical Systems Inc's annual market cap increased from Sep. 2011 ($5,860 Mil) to Sep. 2012 ($6,600 Mil) and increased from Sep. 2012 ($6,600 Mil) to Sep. 2013 ($8,045 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. Varian Medical Systems Inc's enterprise value for Today is $8,095 Mil.


Definition

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.

Varian Medical Systems Inc's Market Cap for the fiscal year that ended in Sep. 2013 is calculated as

Market Cap (A: Sep. 2013 )=Share Price (A: Sep. 2013 )*Shares Outstanding (A: Sep. 2013 )
=74.73*107.65
=8,045

Varian Medical Systems Inc's Market Cap for the quarter that ended in Jun. 2014 is calculated as

Market Cap (Q: Jun. 2014 )=Share Price (Q: Jun. 2014 )*Shares Outstanding (Q: Jun. 2014 )
=83.85*103.95
=8,716

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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.


Related Terms

Shares Outstanding


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Varian Medical Systems Inc Annual Data

Sep04Sep05Sep06Sep07Sep08Sep09Sep10Sep11Sep12Sep13
mktcap 4,6965,1706,9375,2777,1335,2897,3675,8606,6008,045

Varian Medical Systems Inc Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
mktcap 7,7106,7286,6007,6797,8137,2698,0458,1818,6978,716
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK