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). Admiral Group's share price for the quarter that ended in Dec. 2023 was $31.0672. Admiral Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 296 Mil. Therefore, Admiral Group's market cap for the quarter that ended in Dec. 2023 was $9,209 Mil.
Admiral Group's quarterly market cap
increased
from Dec. 2022 ($7,750 Mil) to Jun. 2023 ($7,778 Mil) and
increased
from Jun. 2023 ($7,778 Mil) to Dec. 2023 ($9,209 Mil).
Admiral Group's annual market cap
declined
from Dec. 2021 ($12,057 Mil) to Dec. 2022 ($7,750 Mil) but then
increased
from Dec. 2022 ($7,750 Mil) to Dec. 2023 ($9,209 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. Admiral Group's Enterprise Value for Today is $11,058 Mil.
Admiral Group Market Cap Historical Data
The historical data trend for Admiral 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 Admiral Group's Market Cap
For the Insurance - Property & Casualty subindustry, Admiral 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.
Admiral Group's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Admiral Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Admiral Group's Market Cap falls into.
Admiral 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.
Admiral 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.
Admiral Group (OTCPK:AMIGF) 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.
Admiral Group Market Cap Related Terms
Thank you for viewing the detailed overview of Admiral Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Admiral Group (Admiral Group) Business Description
Admiral is a personal lines insurance company that operates predominantly in the United Kingdom. The business is mainly a motor insurer, with U.K. motor and international cars accounting for the majority of Admiral's gross written premium. The business also has a nascent but growing U.K. household insurance division. Admiral was established in 1993 to sell motor insurance to nonstandard risk policyholders. These nonstandard risks included younger drivers, female drivers, drivers wanting to pay by credit card, and drivers based in London. Over the years, Admiral has continued to expand its wheelhouse of nonstandard risk selection.
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