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). BHP Group's share price for the quarter that ended in Dec. 2023 was $68.31. BHP Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,532 Mil. Therefore, BHP Group's market cap for the quarter that ended in Dec. 2023 was $172,975 Mil.
BHP Group's quarterly market cap
declined
from Dec. 2022 ($157,026 Mil) to Jun. 2023 ($151,096 Mil) but then
increased
from Jun. 2023 ($151,096 Mil) to Dec. 2023 ($172,975 Mil).
BHP Group's annual market cap
declined
from Jun. 2021 ($164,224 Mil) to Jun. 2022 ($142,269 Mil) but then
increased
from Jun. 2022 ($142,269 Mil) to Jun. 2023 ($151,096 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. BHP Group's Enterprise Value for Today is $160,429 Mil.
BHP Group Market Cap Historical Data
The historical data trend for BHP 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.
For the Other Industrial Metals & Mining subindustry, BHP 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.
BHP Group's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, BHP Group's Market Cap distribution charts can be found below:
* The bar in red indicates where BHP Group's Market Cap falls into.
BHP 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.
BHP Group's Market Cap for the fiscal year that ended in Jun. 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.
BHP Group (NYSE:BHP) 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.
BHP Group Market Cap Related Terms
Thank you for viewing the detailed overview of BHP Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
BHP is a global diversified miner mainly supplying iron ore and copper. The merger of BHP Limited and Billiton PLC created the present-day BHP Group. The dual listed structure from the 2001 BHP and Billiton merger was collapsed in 2022. Major assets include Pilbara iron ore and Escondida copper. Onshore U.S. oil and gas assets were sold in 2018 and the remaining Petroleum assets were spun off and merged with Woodside in 2022, with BHP vesting the Woodside shares it received to BHP shareholders. BHP is growing its nickel business to supply more battery grade nickel and is also entering the potash market through the development of its Jansen mine in Canada. It also purchased copper miner Oz Minerals in fiscal 2023.
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