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). Jindal Steel & Power's share price for the quarter that ended in Dec. 2023 was ₹747.75. Jindal Steel & Power's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,002 Mil. Therefore, Jindal Steel & Power's market cap for the quarter that ended in Dec. 2023 was ₹749,567 Mil.
Jindal Steel & Power's quarterly market cap
increased
from Jun. 2023 (₹592,519 Mil) to Sep. 2023 (₹714,981 Mil) and
increased
from Sep. 2023 (₹714,981 Mil) to Dec. 2023 (₹749,567 Mil).
Jindal Steel & Power's annual market cap
increased
from Mar. 2021 (₹350,734 Mil) to Mar. 2022 (₹543,963 Mil) and
increased
from Mar. 2022 (₹543,963 Mil) to Mar. 2023 (₹557,122 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. Jindal Steel & Power's Enterprise Value for Today is ₹1,010,722 Mil.
Jindal Steel & Power Market Cap Historical Data
The historical data trend for Jindal Steel & Power'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.
Competitive Comparison of Jindal Steel & Power's Market Cap
For the Steel subindustry, Jindal Steel & Power'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.
Jindal Steel & Power's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Jindal Steel & Power's Market Cap distribution charts can be found below:
* The bar in red indicates where Jindal Steel & Power's Market Cap falls into.
Jindal Steel & Power 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.
Jindal Steel & Power'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.
Jindal Steel & Power (BOM:532286) 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.
Jindal Steel & Power Market Cap Related Terms
Thank you for viewing the detailed overview of Jindal Steel & Power's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Jindal Steel & Power (BOM:532286) Business Description
Jindal Steel & Power Ltd is an Indian-based company that is involved in the steelmaking, power generation, mining, and infrastructure sectors. The iron and steel segment is the company's largest segment, representing the majority of the company's sales. Jindal Steel and Power's iron and steel segment manufacture a wide range of steel products that find applications in railway, road, highways and bridges, housing, industrial applications, heavy machinery, and civil construction. Jindal Steel and Power's power segment operates power plants and transmission lines. The company generates most of its revenue from the Indian domestic market.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532286 has been successfully added to your 