AllianceBernstein Holding LP's quarterly market cap
declined
from Jun. 2023 ($3,648.7 Mil) to Sep. 2023 ($3,393.0 Mil) but then
increased
from Sep. 2023 ($3,393.0 Mil) to Dec. 2023 ($3,550.9 Mil).
AllianceBernstein Holding LP's annual market cap
declined
from Dec. 2021 ($4,848.4 Mil) to Dec. 2022 ($3,911.3 Mil) and
declined
from Dec. 2022 ($3,911.3 Mil) to Dec. 2023 ($3,550.9 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. AllianceBernstein Holding LP's Enterprise Value for Today is $3,840.5 Mil.
AllianceBernstein Holding LP Market Cap Historical Data
* 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 AllianceBernstein Holding LP's Market Cap
For the Asset Management subindustry, AllianceBernstein Holding LP'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.
AllianceBernstein Holding LP's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, AllianceBernstein Holding LP's Market Cap distribution charts can be found below:
* The bar in red indicates where AllianceBernstein Holding LP's Market Cap falls into.
AllianceBernstein Holding LP 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.
* 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.
AllianceBernstein Holding LP (NYSE:AB) 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.
AllianceBernstein Holding LP Market Cap Related Terms
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AllianceBernstein Holding LP (AllianceBernstein Holding LP) Business Description
AllianceBernstein provides investment management services to institutional (44% of assets under management), retail (39%), and private (17%) clients through products that includes mutual funds, hedge funds, and separately managed accounts. At the end of October 2023, AB had $652 billion in managed assets, composed primarily of fixed-income (39% of AUM) and equity (42%) strategies, with other investments (made up of asset allocation services and certain other alternative investments) accounting for the remainder. The company also provides sell-side research and brokerage services through its Sanford Bernstein subsidiary (which has been put in available-for-sale status following the joint venture agreement with Société Générale).
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