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Ras Al Khaimah National Insurance Company PSC (ADX:RAKNIC) Market Cap : د.إ294.7 Mil (As of Mar. 23, 2025)


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What is Ras Al Khaimah National Insurance Company PSC 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). Ras Al Khaimah National Insurance Company PSC's share price for the quarter that ended in Mar. 2024 was د.إ2.7. Ras Al Khaimah National Insurance Company PSC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 121.3 Mil. Therefore, Ras Al Khaimah National Insurance Company PSC's market cap for the quarter that ended in Mar. 2024 was د.إ327.4 Mil.

Ras Al Khaimah National Insurance Company PSC's quarterly market cap stayed the same from Sep. 2023 (د.إ448.7 Mil) to Dec. 2023 (د.إ448.7 Mil) but then declined from Dec. 2023 (د.إ448.7 Mil) to Mar. 2024 (د.إ327.4 Mil).

Ras Al Khaimah National Insurance Company PSC's annual market cap increased from Dec. 2021 (د.إ424.5 Mil) to Dec. 2022 (د.إ545.7 Mil) but then declined from Dec. 2022 (د.إ545.7 Mil) to Dec. 2023 (د.إ448.7 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. Ras Al Khaimah National Insurance Company PSC's Enterprise Value for Today is د.إ286.1 Mil.


Ras Al Khaimah National Insurance Company PSC Market Cap Historical Data

The historical data trend for Ras Al Khaimah National Insurance Company PSC'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.

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Ras Al Khaimah National Insurance Company PSC Market Cap Chart

Ras Al Khaimah National Insurance Company PSC 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 265.59 441.44 424.46 545.74 448.72

Ras Al Khaimah National Insurance Company PSC 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 545.74 448.72 448.72 448.72 327.44

Competitive Comparison of Ras Al Khaimah National Insurance Company PSC's Market Cap

For the Insurance - Diversified subindustry, Ras Al Khaimah National Insurance Company PSC'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.


Ras Al Khaimah National Insurance Company PSC's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Ras Al Khaimah National Insurance Company PSC's Market Cap distribution charts can be found below:

* The bar in red indicates where Ras Al Khaimah National Insurance Company PSC's Market Cap falls into.



Ras Al Khaimah National Insurance Company PSC 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.

Ras Al Khaimah National Insurance Company PSC'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 )
=د.إ3.7*121.275
=د.إ448.7

Ras Al Khaimah National Insurance Company PSC'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 )
=د.إ2.7*121.275
=د.إ327.4

* 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.


Ras Al Khaimah National Insurance Company PSC  (ADX:RAKNIC) 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.


Ras Al Khaimah National Insurance Company PSC Market Cap Related Terms

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Ras Al Khaimah National Insurance Company PSC Business Description

Traded in Other Exchanges
N/A
Address
P.O.Box 506, Ras Al Khaimah, ARE
Ras Al Khaimah National Insurance Company PSC operates as an insurance company in UAE. Its principal activity is to undertake all classes of the insurance business, including life assurance, saving, and accumulation of funds. It operates in two segments: Life & Medical and Motor & General. The majority of its revenue comes from Life & Medical segment.

Ras Al Khaimah National Insurance Company PSC Headlines

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