Bajaj Steel Industries's quarterly market cap
declined
from Jun. 2023 (₹6,469 Mil) to Sep. 2023 (₹5,634 Mil) but then
increased
from Sep. 2023 (₹5,634 Mil) to Dec. 2023 (₹6,068 Mil).
Bajaj Steel Industries's annual market cap
increased
from Mar. 2021 (₹2,233 Mil) to Mar. 2022 (₹3,288 Mil) and
increased
from Mar. 2022 (₹3,288 Mil) to Mar. 2023 (₹5,546 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. Bajaj Steel Industries's Enterprise Value for Today is ₹5,699 Mil.
* 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 Bajaj Steel Industries's Market Cap
For the Specialty Industrial Machinery subindustry, Bajaj Steel Industries'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.
Bajaj Steel Industries's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Bajaj Steel Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Bajaj Steel Industries's Market Cap falls into.
Bajaj Steel Industries 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.
Bajaj Steel Industries's Market Cap for the fiscal year that ended in Mar. 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.
Bajaj Steel Industries (BOM:507944) 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.
Bajaj Steel Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Bajaj Steel Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Bajaj Steel Industries (BOM:507944) Business Description
Bajaj Steel Industries Ltd is engaged in the manufacturing of Cotton ginning and Pressing Machineries, Prefabricated building structure, components, and allied products. Its operating segment includes the Steel Division and Plastic Division. The company generates maximum revenue from the Steel Division segment. It manufactures product such as Cotton Ginning and Pressing Machinery, Cotton Cleaning, Cotton Conveying, Cotton Humidification Systems, Cotton Baling Presses, Cotton Seed Processing, Pre-engineered Buildings, Electrical Control Panels, Fire Fighting Systems, Hydraulic Cylinder, Power packs, Specialty Conveyors and Master Batches and others.
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