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 Mar. 2024 was ₹1048.3. Axis Bank's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3,087 Mil. Therefore, Axis Bank's market cap for the quarter that ended in Mar. 2024 was ₹3,235,651 Mil.
Axis Bank's quarterly market cap
increased
from Sep. 2023 (₹3,195,015 Mil) to Dec. 2023 (₹3,401,520 Mil) but then
declined
from Dec. 2023 (₹3,401,520 Mil) to Mar. 2024 (₹3,235,651 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 ₹4,610,809 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.
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
* 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 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.
Axis Bank Market Cap Related Terms
Thank you for viewing the detailed overview of Axis Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Axis Bank Ltd is a full-service bank operating mostly in India. The bank operates under four segments: treasury, corporate/wholesale banking, retail 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. A plurality of the bank's loan and advances comes from its corporate customers, while a plurality of its fee income comes from its retail customers.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532215 has been successfully added to your 