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). Canara Bank's share price for the quarter that ended in Dec. 2023 was ₹437.7. Canara Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,814 Mil. Therefore, Canara Bank's market cap for the quarter that ended in Dec. 2023 was ₹794,045 Mil.
Canara Bank's quarterly market cap
increased
from Jun. 2023 (₹547,504 Mil) to Sep. 2023 (₹682,748 Mil) and
increased
from Sep. 2023 (₹682,748 Mil) to Dec. 2023 (₹794,045 Mil).
Canara Bank's annual market cap
increased
from Mar. 2021 (₹250,716 Mil) to Mar. 2022 (₹412,896 Mil) and
increased
from Mar. 2022 (₹412,896 Mil) to Mar. 2023 (₹516,120 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. Canara Bank's Enterprise Value for Today is ₹572,223 Mil.
Canara Bank Market Cap Historical Data
The historical data trend for Canara 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.
Competitive Comparison of Canara Bank's Market Cap
For the Banks - Regional subindustry, Canara 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.
Canara Bank's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Canara Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where Canara Bank's Market Cap falls into.
Canara 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.
Canara Bank'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.
Canara Bank (BOM:532483) 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.
Canara Bank Market Cap Related Terms
Thank you for viewing the detailed overview of Canara Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Canara Bank is an India-based commercial bank. The company's core businesses consist of Treasury Operations, Retail Banking Operations, and Corporate and Wholesale Banking Operations. It conducts a broad range of banking activities serving large and midsize corporations. Its priority sector and retail sector lending business offer funding services to the priority and retail sectors, such as loans to agriculture, housing, and educational institutions. The company owns a large branch network across India, with several branches in overseas cities such as New York, London, Hong Kong, and Dubai.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BOM:532483 has been successfully added to your 