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Steel Strips Wheels (BOM:513262) Market Cap : ₹35,144 Mil (As of Apr. 26, 2024)


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What is Steel Strips Wheels 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). Steel Strips Wheels's share price for the quarter that ended in Dec. 2023 was ₹258.95. Steel Strips Wheels's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 157 Mil. Therefore, Steel Strips Wheels's market cap for the quarter that ended in Dec. 2023 was ₹40,637 Mil.

Steel Strips Wheels's quarterly market cap increased from Jun. 2023 (₹32,054 Mil) to Sep. 2023 (₹43,487 Mil) but then declined from Sep. 2023 (₹43,487 Mil) to Dec. 2023 (₹40,637 Mil).

Steel Strips Wheels's annual market cap increased from Mar. 2021 (₹10,941 Mil) to Mar. 2022 (₹25,212 Mil) but then declined from Mar. 2022 (₹25,212 Mil) to Mar. 2023 (₹23,148 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. Steel Strips Wheels's Enterprise Value for Today is ₹43,141 Mil.


Steel Strips Wheels Market Cap Historical Data

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels Market Cap Chart

Steel Strips Wheels 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 13,459.37 5,508.62 10,941.48 25,212.46 23,148.27

Steel Strips Wheels 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 24,940.35 23,148.27 32,053.86 43,487.14 40,636.76

Competitive Comparison of Steel Strips Wheels's Market Cap

For the Auto Parts subindustry, Steel Strips Wheels'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.


Steel Strips Wheels's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Steel Strips Wheels's Market Cap distribution charts can be found below:

* The bar in red indicates where Steel Strips Wheels's Market Cap falls into.



Steel Strips Wheels 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.

Steel Strips Wheels'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 )
=₹147.9*156.513
=₹23,148

Steel Strips Wheels'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 )
=₹258.95*156.929
=₹40,637

* 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.


Steel Strips Wheels  (BOM:513262) 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.


Steel Strips Wheels Market Cap Related Terms

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Steel Strips Wheels (BOM:513262) Business Description

Traded in Other Exchanges
Address
Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheels manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.

Steel Strips Wheels (BOM:513262) Headlines

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