Middle-East Insurance Co's quarterly market cap
increased
from Mar. 2024 (JOD24.70 Mil) to Jun. 2024 (JOD26.24 Mil) and
increased
from Jun. 2024 (JOD26.24 Mil) to Sep. 2024 (JOD30.65 Mil).
Middle-East Insurance Co's annual market cap
declined
from Dec. 2021 (JOD28.80 Mil) to Dec. 2022 (JOD22.93 Mil) but then
increased
from Dec. 2022 (JOD22.93 Mil) to Dec. 2023 (JOD25.80 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. Middle-East Insurance Co's Enterprise Value for Today is JOD28.22 Mil.
Middle-East Insurance Co Market Cap Historical Data
* 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 Middle-East Insurance Co's Market Cap
For the Insurance - Diversified subindustry, Middle-East Insurance Co'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.
Middle-East Insurance Co's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Middle-East Insurance Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Middle-East Insurance Co's Market Cap falls into.
Middle-East Insurance Co 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.
Middle-East Insurance Co'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.
Middle-East Insurance Co (AMM:MEIN) 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.
Middle-East Insurance Co Market Cap Related Terms
Thank you for viewing the detailed overview of Middle-East Insurance Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Middle-East Insurance Co provides all types of insurance services and indemnity business. Its services include accidents, fire, marine, transportation, vehicle, liability, aviation, medical, and life insurance. The company operates in two segments General insurance and Life insurance. The majority of the revenue is generated domestically.
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