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Volvo AB (Volvo AB) Market Cap : $52,924 Mil (As of Apr. 29, 2024)


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What is Volvo AB 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). Volvo AB's share price for the quarter that ended in Mar. 2024 was $26.6. Volvo AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,033 Mil. Therefore, Volvo AB's market cap for the quarter that ended in Mar. 2024 was $54,090 Mil.

Volvo AB's quarterly market cap increased from Sep. 2023 ($41,991 Mil) to Dec. 2023 ($52,783 Mil) and increased from Dec. 2023 ($52,783 Mil) to Mar. 2024 ($54,090 Mil).

Volvo AB's annual market cap declined from Dec. 2021 ($46,551 Mil) to Dec. 2022 ($37,110 Mil) but then increased from Dec. 2022 ($37,110 Mil) to Dec. 2023 ($52,783 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. Volvo AB's Enterprise Value for Today is $67,803 Mil.


Volvo AB Market Cap Historical Data

The historical data trend for Volvo 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.

* Premium members only.

Volvo AB Market Cap Chart

Volvo AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34,141.63 48,396.11 46,550.75 37,110.46 52,783.28

Volvo AB 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 41,849.31 42,083.10 41,990.74 52,783.28 54,089.77

Competitive Comparison of Volvo AB's Market Cap

For the Farm & Heavy Construction Machinery subindustry, Volvo 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.


Volvo AB's Market Cap Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Volvo AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Volvo AB's Market Cap falls into.



Volvo 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.

Volvo AB's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$25.9575*2033.45
=$52,783

Volvo AB's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$26.6*2033.45
=$54,090

* 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.


Volvo AB  (OTCPK:VOLVF) 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.


Volvo AB Market Cap Related Terms

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Volvo AB (Volvo AB) Business Description

Address
Gropegardsgatan 2, Gothenburg, SWE, 417 15
Volvo AB drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase the customers' uptime and productivity.