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Meritz Fire & Marine Insurance Co (XKRX:000060) Market Cap : ₩5,393,647 Mil (As of May. 30, 2024)


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What is Meritz Fire & Marine Insurance Co 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). Meritz Fire & Marine Insurance Co's share price for the quarter that ended in Sep. 2022 was ₩29500. Meritz Fire & Marine Insurance Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2022 was 105 Mil. Therefore, Meritz Fire & Marine Insurance Co's market cap for the quarter that ended in Sep. 2022 was ₩3,083,576 Mil.

Meritz Fire & Marine Insurance Co's quarterly market cap declined from Mar. 2022 (₩5,069,605 Mil) to Jun. 2022 (₩3,465,103 Mil) and declined from Jun. 2022 (₩3,465,103 Mil) to Sep. 2022 (₩3,083,576 Mil).

Meritz Fire & Marine Insurance Co's annual market cap declined from Dec. 2019 (₩1,989,972 Mil) to Dec. 2020 (₩1,723,150 Mil) but then increased from Dec. 2020 (₩1,723,150 Mil) to Dec. 2021 (₩3,623,333 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. Meritz Fire & Marine Insurance Co's Enterprise Value for Today is ₩6,016,238 Mil.


Meritz Fire & Marine Insurance Co Market Cap Historical Data

The historical data trend for Meritz Fire & Marine Insurance Co'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.

Meritz Fire & Marine Insurance Co Market Cap Chart

Meritz Fire & Marine Insurance Co Annual Data
Trend Mar12 Mar13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,566,505.50 2,444,512.45 1,989,971.55 1,723,150.40 3,623,332.90

Meritz Fire & Marine Insurance Co Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 3,419,278.20 3,623,332.90 5,069,605.45 3,465,103.20 3,083,576.00

Competitive Comparison of Meritz Fire & Marine Insurance Co's Market Cap

For the Insurance - Property & Casualty subindustry, Meritz Fire & Marine Insurance Co'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.


Meritz Fire & Marine Insurance Co's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Meritz Fire & Marine Insurance Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Meritz Fire & Marine Insurance Co's Market Cap falls into.



Meritz Fire & Marine Insurance Co 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.

Meritz Fire & Marine Insurance Co's Market Cap for the fiscal year that ended in Dec. 2021 is calculated as

Market Cap (A: Dec. 2021 )=Share Price (A: Dec. 2021 )*Shares Outstanding (EOP) (A: Dec. 2021 )
=₩33550*107.998
=₩3,623,333

Meritz Fire & Marine Insurance Co's Market Cap for the quarter that ended in Sep. 2022 is calculated as

Market Cap (Q: Sep. 2022 )=Share Price (Q: Sep. 2022 )*Shares Outstanding (EOP) (Q: Sep. 2022 )
=₩29500*104.528
=₩3,083,576

* 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.


Meritz Fire & Marine Insurance Co  (XKRX:000060) 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.


Meritz Fire & Marine Insurance Co Market Cap Related Terms

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Meritz Fire & Marine Insurance Co (XKRX:000060) Business Description

Traded in Other Exchanges
N/A
Address
382 Gangnamdae-ro, Meritz Tower, Gangnam-gu, Seoul, KOR
Meritz Fire & Marine Insurance Co Ltd is a property and casualty insurance company. The company operates one segment that focuses on property and casualty insurance products in Korea. The company offers automobile insurance, life and health insurance, and commercial liability insurance products. Meritz generates all of its revenue in South Korea. Meritz also provides child insurance, cancer insurance, and assurance analysis services. The company considers merger and acquisition investment as a component of its operational growth strategy.

Meritz Fire & Marine Insurance Co (XKRX:000060) Headlines

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