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). Bancroft Fund's share price for the quarter that ended in Oct. 2022 was $17.75. Bancroft Fund's Shares Outstanding (EOP) for the quarter that ended in Oct. 2022 was 5.84 Mil. Therefore, Bancroft Fund's market cap for the quarter that ended in Oct. 2022 was $103.63 Mil.
Bancroft Fund's quarterly market cap
declined
from Oct. 2021 ($165.92 Mil) to Apr. 2022 ($121.45 Mil) and
declined
from Apr. 2022 ($121.45 Mil) to Oct. 2022 ($103.63 Mil).
Bancroft Fund's annual market cap
increased
from Oct. 2019 ($125.76 Mil) to Oct. 2020 ($131.15 Mil) and
increased
from Oct. 2020 ($131.15 Mil) to Oct. 2021 ($165.92 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. Bancroft Fund's Enterprise Value for Today is $88.37 Mil.
Bancroft Fund Market Cap Historical Data
The historical data trend for Bancroft Fund'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 Bancroft Fund's Market Cap
For the Asset Management subindustry, Bancroft Fund'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.
Bancroft Fund's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Bancroft Fund's Market Cap distribution charts can be found below:
* The bar in red indicates where Bancroft Fund's Market Cap falls into.
Bancroft Fund 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.
Bancroft Fund's Market Cap for the fiscal year that ended in Oct. 2021 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.
Bancroft Fund (AMEX:BCV) 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.
Bancroft Fund Market Cap Related Terms
Thank you for viewing the detailed overview of Bancroft Fund's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Bancroft Fund (Bancroft Fund) Business Description
Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.
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