Switch to:
United States Steel Corp (NYSE:X)
Market Cap
$4,849 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. United States Steel Corp's share price for the quarter that ended in Jun. 2014 was $26.02. United States Steel Corp's shares outstanding for the quarter that ended in Jun. 2014 was 145 Mil. Therefore, United States Steel Corp's market cap for the quarter that ended in Jun. 2014 was $4,849 Mil.

United States Steel Corp's quarterly market cap declined from Dec. 2013 ($4,268 Mil) to Mar. 2014 ($3,995 Mil) and declined from Mar. 2014 ($3,995 Mil) to Jun. 2014 ($3,765 Mil).

United States Steel Corp's annual market cap declined from Dec. 2011 ($3,810 Mil) to Dec. 2012 ($3,441 Mil) but then increased from Dec. 2012 ($3,441 Mil) to Dec. 2013 ($4,268 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 States Steel Corp's enterprise value for Today is $7,004 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.

United States Steel Corp's Market Cap for the fiscal year that ended in Dec. 2013 is calculated as

Market Cap (A: Dec. 2013 )=Share Price (A: Dec. 2013 )*Shares Outstanding (A: Dec. 2013 )
=29.5*144.67
=4,268

United States Steel Corp'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 )
=26.02*144.70
=3,765

* 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.

United States Steel Corp Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
mktcap 5,8275,4508,66514,2434,3257,9018,3933,8103,4414,268

United States Steel Corp Quarterly Data

Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14Jun14
mktcap 4,2302,9722,7513,4412,8132,5362,9794,2683,9953,765
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