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). Tech Mahindra's share price for the quarter that ended in Mar. 2024 was ₹1250.4. Tech Mahindra's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 887 Mil. Therefore, Tech Mahindra's market cap for the quarter that ended in Mar. 2024 was ₹1,109,455 Mil.
Tech Mahindra's quarterly market cap
increased
from Sep. 2023 (₹1,193,139 Mil) to Dec. 2023 (₹1,242,266 Mil) but then
declined
from Dec. 2023 (₹1,242,266 Mil) to Mar. 2024 (₹1,109,455 Mil).
Tech Mahindra's annual market cap
declined
from Mar. 2022 (₹1,315,783 Mil) to Mar. 2023 (₹1,073,364 Mil) but then
increased
from Mar. 2023 (₹1,073,364 Mil) to Mar. 2024 (₹1,109,177 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. Tech Mahindra's Enterprise Value for Today is ₹1,193,714 Mil.
Tech Mahindra Market Cap Historical Data
The historical data trend for Tech Mahindra'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 Tech Mahindra's Market Cap
For the Information Technology Services subindustry, Tech Mahindra'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.
Tech Mahindra's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Tech Mahindra's Market Cap distribution charts can be found below:
* The bar in red indicates where Tech Mahindra's Market Cap falls into.
Tech Mahindra 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.
Tech Mahindra'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.
Tech Mahindra (BOM:532755) 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.
Tech Mahindra Market Cap Related Terms
Thank you for viewing the detailed overview of Tech Mahindra's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tech Mahindra Ltd is an IT services and consulting company in India. It offers a variety of technology solutions and services in addition to business process services. Its segments are Information Technology and Business Processing Outsourcing. The technology solutions include helping companies engage in cloud software, mobile solutions, network services, cybersecurity, and a variety of other options. The business process service is offered across various industries including telecom, financial services, retail, energy, hospitality, high-tech, agriculture, and food beverage. The company's approach includes cost reduction, process optimization, and ownership through automation and productivity improvements. Tech Mahindra generates approximately half of its revenue from the United States.
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