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Azure Power Global (Azure Power Global) Market Cap : $64.2 Mil (As of Apr. 27, 2024)


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What is Azure Power Global Market Cap?

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). Azure Power Global's share price for the quarter that ended in Mar. 2022 was $16.64. Azure Power Global's Shares Outstanding (EOP) for the quarter that ended in Mar. 2022 was 64.2 Mil. Therefore, Azure Power Global's market cap for the quarter that ended in Mar. 2022 was $1,067.6 Mil.

Azure Power Global's quarterly market cap declined from Sep. 2021 ($1,060.6 Mil) to Dec. 2021 ($877.2 Mil) but then increased from Dec. 2021 ($877.2 Mil) to Mar. 2022 ($1,067.6 Mil).

Azure Power Global's annual market cap declined from Mar. 2021 ($1,310.4 Mil) to Mar. 2022 ($1,067.6 Mil) and declined from Mar. 2022 ($1,067.6 Mil) to Mar. 2023 ($159.8 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. Azure Power Global's Enterprise Value for Today is $1,534.0 Mil.


Azure Power Global Market Cap Historical Data

The historical data trend for Azure Power Global'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.

* Premium members only.

Azure Power Global Market Cap Chart

Azure Power Global Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 462.52 729.06 1,310.45 1,067.65 159.77

Azure Power Global Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Mar23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,297.63 1,060.55 877.24 1,067.65 159.77

Competitive Comparison of Azure Power Global's Market Cap

For the Utilities - Renewable subindustry, Azure Power Global'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.


Azure Power Global's Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Azure Power Global's Market Cap distribution charts can be found below:

* The bar in red indicates where Azure Power Global's Market Cap falls into.



Azure Power Global 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.

Azure Power Global's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=$2.49*64.1664
=$159.8

Azure Power Global's Market Cap for the quarter that ended in Mar. 2022 is calculated as

Market Cap (Q: Mar. 2022 )=Share Price (Q: Mar. 2022 )*Shares Outstanding (EOP) (Q: Mar. 2022 )
=$16.64*64.1615
=$1,067.6

* 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.


Azure Power Global  (OTCPK:AZREF) 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 company’s 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.


Azure Power Global Market Cap Related Terms

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Azure Power Global (Azure Power Global) Business Description

Traded in Other Exchanges
N/A
Address
Saket Place, 5th Floor, Southern Park, D-II, Saket, New Delhi, IND, 110017
Azure Power Global Ltd produces and sells solar power in India. It is engaged in the development, construction, ownership, operation, maintenance, and management of solar power plants and the generation of solar energy. The company generates revenue from a mix of Indian central and state government utilities and commercial entities. The Company has a single operating and reporting segment: Sale of power.

Azure Power Global (Azure Power Global) Headlines