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). Ashmore Group's share price for the quarter that ended in Dec. 2023 was $2.3. Ashmore Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 663.6 Mil. Therefore, Ashmore Group's market cap for the quarter that ended in Dec. 2023 was $1,526.2 Mil.
Ashmore Group's quarterly market cap
declined
from Dec. 2022 ($1,960.0 Mil) to Jun. 2023 ($1,628.3 Mil) and
declined
from Jun. 2023 ($1,628.3 Mil) to Dec. 2023 ($1,526.2 Mil).
Ashmore Group's annual market cap
declined
from Jun. 2021 ($3,898.0 Mil) to Jun. 2022 ($2,173.9 Mil) and
declined
from Jun. 2022 ($2,173.9 Mil) to Jun. 2023 ($1,628.3 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. Ashmore Group's Enterprise Value for Today is $716.3 Mil.
Ashmore Group Market Cap Historical Data
The historical data trend for Ashmore 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.
Competitive Comparison of Ashmore Group's Market Cap
For the Asset Management subindustry, Ashmore 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.
Ashmore Group's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ashmore Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Ashmore Group's Market Cap falls into.
Ashmore 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.
Ashmore Group's Market Cap for the fiscal year that ended in Jun. 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.
Ashmore Group (OTCPK:AJMPF) 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.
Ashmore Group Market Cap Related Terms
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Ashmore Group (Ashmore Group) Business Description
Ashmore Group PLC is a value-oriented asset management firm that focuses its investments on emerging markets. It offers a diverse range of both traditional and alternative investment strategies to a global client base, including both institutional and retail investors. The company invests in sovereign debt instruments, currencies, corporate debt, equities, derivatives, private equity, real estate, distressed debt, and other special situations. The firm reports on changes in assets under management as the majority of its revenue is derived from management fees. The company also benefits from performance fees on its investments.
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