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Axis Bank (BOM:532215) Market Cap : ₹3,554,852 Mil (As of Dec. 14, 2024)


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What is Axis Bank 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). Axis Bank's share price for the quarter that ended in Sep. 2024 was ₹1232.45. Axis Bank's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 3,093 Mil. Therefore, Axis Bank's market cap for the quarter that ended in Sep. 2024 was ₹3,812,276 Mil.

Axis Bank's quarterly market cap increased from Mar. 2024 (₹3,235,651 Mil) to Jun. 2024 (₹3,911,329 Mil) but then declined from Jun. 2024 (₹3,911,329 Mil) to Sep. 2024 (₹3,812,276 Mil).

Axis Bank's annual market cap increased from Mar. 2022 (₹2,335,005 Mil) to Mar. 2023 (₹2,641,322 Mil) and increased from Mar. 2023 (₹2,641,322 Mil) to Mar. 2024 (₹3,235,651 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. Axis Bank's Enterprise Value for Today is ₹4,920,479 Mil.


Axis Bank Market Cap Historical Data

The historical data trend for Axis Bank'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.

Axis Bank Market Cap Chart

Axis Bank Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,070,263.22 2,136,965.63 2,335,005.34 2,641,321.88 3,235,651.33

Axis Bank Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3,195,014.68 3,401,519.86 3,235,651.33 3,911,329.43 3,812,275.96

Competitive Comparison of Axis Bank's Market Cap

For the Banks - Regional subindustry, Axis Bank'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.


Axis Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Axis Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Axis Bank's Market Cap falls into.



Axis Bank 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.

Axis Bank's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹1048.3*3086.57
=₹3,235,651

Axis Bank's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=₹1232.45*3093.25
=₹3,812,276

* 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.


Axis Bank  (BOM:532215) 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.


Axis Bank Market Cap Related Terms

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Axis Bank Business Description

Traded in Other Exchanges
Address
Pandurang Budhkar Marg, Axis House, C-2, Wadia International Centre, Worli, Mumbai, MH, IND, 400 025
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail banking, Digital Banking and other banking. Treasury operations include security investments and derivative trading. Corporate/wholesale banking solutions include mid/large corporate relationships, corporate advisory, project appraisals, and syndication. Retail banking solutions include lending to individual/small businesses, savings accounts, debit and credit cards, ATMs and mobile banking, personal loans. Other banking operations include third-party product distribution and other banking transactions. It derives maximum revenue from Retail Banking.

Axis Bank Headlines

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