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). Akbank TAS's share price for the quarter that ended in Dec. 2023 was $2.47. Akbank TAS's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,600 Mil. Therefore, Akbank TAS's market cap for the quarter that ended in Dec. 2023 was $6,422 Mil.
Akbank TAS's quarterly market cap
increased
from Jun. 2023 ($4,160 Mil) to Sep. 2023 ($6,240 Mil) and
increased
from Sep. 2023 ($6,240 Mil) to Dec. 2023 ($6,422 Mil).
Akbank TAS's annual market cap
increased
from Dec. 2021 ($2,730 Mil) to Dec. 2022 ($5,309 Mil) and
increased
from Dec. 2022 ($5,309 Mil) to Dec. 2023 ($6,422 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. Akbank TAS's Enterprise Value for Today is $4,116 Mil.
Akbank TAS Market Cap Historical Data
The historical data trend for Akbank TAS'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 Banks - Regional subindustry, Akbank TAS'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.
Akbank TAS's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Akbank TAS's Market Cap distribution charts can be found below:
* The bar in red indicates where Akbank TAS's Market Cap falls into.
Akbank TAS 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.
Akbank TAS'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.
Akbank TAS (OTCPK:AKBTY) 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.
Akbank TAS Market Cap Related Terms
Thank you for viewing the detailed overview of Akbank TAS's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Akbank TAS is a Turkish bank whose core business activities include consumer and private, commercial, small to midsize enterprise, and corporate and investment banking services. Other activities include foreign exchange, money markets, and securities transactions. In addition to traditional banking activities, the company provides insurance intermediary services. Approximately half of the bank's outstanding shares are owned by Sabanci Holding, a large Turkish financial conglomerate, and its affiliates. Net interest income contributes to the vast majority of net revenue, followed by net fees and commissions. The banks gives credit exposure to the services industry.
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