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). American Financial Group's share price for the quarter that ended in Dec. 2023 was $118.89. American Financial Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 84 Mil. Therefore, American Financial Group's market cap for the quarter that ended in Dec. 2023 was $9,943 Mil.
American Financial Group's quarterly market cap
declined
from Jun. 2023 ($10,077 Mil) to Sep. 2023 ($9,395 Mil) but then
increased
from Sep. 2023 ($9,395 Mil) to Dec. 2023 ($9,943 Mil).
American Financial Group's annual market cap
increased
from Dec. 2021 ($11,661 Mil) to Dec. 2022 ($11,697 Mil) but then
declined
from Dec. 2022 ($11,697 Mil) to Dec. 2023 ($9,943 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. American Financial Group's Enterprise Value for Today is $11,159 Mil.
American Financial Group Market Cap Historical Data
The historical data trend for American Financial Group'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.
For the Insurance - Property & Casualty subindustry, American Financial Group'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.
American Financial Group Market Cap Distribution
For the Insurance industry and Financial Services sector, American Financial Group's Market Cap distribution charts can be found below:
* The bar in red indicates where American Financial Group's Market Cap falls into.
American Financial Group 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.
American Financial Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
American Financial Group (NYSE:AFG) 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.
American Financial Group Market Cap Related Terms
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American Financial Group (American Financial Group) Business Description
American Financial Group Inc is a holding company that is engaged primarily in property and casualty insurance services. The company has a focus on specialized commercial products for businesses. American also has annuity operations that are focused on sales of traditional fixed and fixed-indexed annuities in the education, bank, and individual markets. American's insurance operations are conducted through the Great American Insurance Group. The group writes business in all 50 of the United States, primarily through independent agents and brokers.
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