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Tipco Asphalt PCL (BKK:TASCO-R) Market Cap : ฿25,254 Mil (As of May. 11, 2024)


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What is Tipco Asphalt PCL 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). Tipco Asphalt PCL's share price for the quarter that ended in Dec. 2023 was ฿17.9676. Tipco Asphalt PCL's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,578 Mil. Therefore, Tipco Asphalt PCL's market cap for the quarter that ended in Dec. 2023 was ฿28,359 Mil.

Tipco Asphalt PCL's quarterly market cap declined from Jun. 2023 (฿31,590 Mil) to Sep. 2023 (฿28,359 Mil) but then stayed the same from Sep. 2023 (฿28,359 Mil) to Dec. 2023 (฿28,359 Mil).

Tipco Asphalt PCL's annual market cap declined from Dec. 2021 (฿28,729 Mil) to Dec. 2022 (฿26,465 Mil) but then increased from Dec. 2022 (฿26,465 Mil) to Dec. 2023 (฿28,359 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. Tipco Asphalt PCL's Enterprise Value for Today is ฿24,983 Mil.


Tipco Asphalt PCL Market Cap Historical Data

The historical data trend for Tipco Asphalt PCL'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.

Tipco Asphalt PCL Market Cap Chart

Tipco Asphalt PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33,127.73 27,737.78 28,728.68 26,464.84 28,359.34

Tipco Asphalt PCL Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 26,464.84 31,164.88 31,590.24 28,359.34 28,359.34

Competitive Comparison of Tipco Asphalt PCL's Market Cap

For the Building Materials subindustry, Tipco Asphalt PCL'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.


Tipco Asphalt PCL's Market Cap Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Tipco Asphalt PCL's Market Cap distribution charts can be found below:

* The bar in red indicates where Tipco Asphalt PCL's Market Cap falls into.



Tipco Asphalt PCL 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.

Tipco Asphalt PCL's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=฿17.9676*1578.36
=฿28,359

Tipco Asphalt PCL's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=฿17.9676*1578.36
=฿28,359

* 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.


Tipco Asphalt PCL  (BKK:TASCO-R) 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.


Tipco Asphalt PCL Market Cap Related Terms

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Tipco Asphalt PCL (BKK:TASCO-R) Business Description

Traded in Other Exchanges
Address
118/1 Rama 6 Road, Phayathai Sub district, Phayathai District, Bangkok, THA, 10400
Tipco Asphalt PCL operates in two segment based on types of products and services. The Group conducts manufacturing and trading of asphalt, petroleum oil products and asphalt concrete in both domestic and overseas markets. Whereas, the marine logistic business complements the manufacturing and trading of asphalt and petroleum oil products. The Group conducts construction service related to highway construction and road rehabilitation in Thailand. The company operates in Thailand and Overseas, majority of its revenue being from Overseas. The company generates majority revenue from Manufacturing and trading segment.

Tipco Asphalt PCL (BKK:TASCO-R) Headlines

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