GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » IDFC First Bank Ltd (BOM:539437) » Definitions » Market Cap

IDFC First Bank (BOM:539437) Market Cap : ₹470,153 Mil (As of Dec. 15, 2024)


View and export this data going back to 2015. Start your Free Trial

What is IDFC First 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). IDFC First Bank's share price for the quarter that ended in Sep. 2024 was ₹74.36. IDFC First Bank's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 7,483 Mil. Therefore, IDFC First Bank's market cap for the quarter that ended in Sep. 2024 was ₹556,416 Mil.

IDFC First Bank's quarterly market cap increased from Mar. 2024 (₹533,001 Mil) to Jun. 2024 (₹581,643 Mil) but then declined from Jun. 2024 (₹581,643 Mil) to Sep. 2024 (₹556,416 Mil).

IDFC First Bank's annual market cap increased from Mar. 2022 (₹246,532 Mil) to Mar. 2023 (₹364,129 Mil) and increased from Mar. 2023 (₹364,129 Mil) to Mar. 2024 (₹533,001 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. IDFC First Bank's Enterprise Value for Today is ₹787,839 Mil.


IDFC First Bank Market Cap Historical Data

The historical data trend for IDFC First 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.

IDFC First Bank Market Cap Chart

IDFC First 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 101,488.89 316,144.85 246,532.20 364,128.96 533,001.27

IDFC First 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 642,195.65 628,169.63 533,001.27 581,643.20 556,415.80

Competitive Comparison of IDFC First Bank's Market Cap

For the Banks - Regional subindustry, IDFC First 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.


IDFC First Bank's Market Cap Distribution in the Banks Industry

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

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



IDFC First 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.

IDFC First 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 )
=₹75.39*7069.92
=₹533,001

IDFC First 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 )
=₹74.36*7482.73
=₹556,416

* 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.


IDFC First Bank  (BOM:539437) 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.


IDFC First Bank Market Cap Related Terms

Thank you for viewing the detailed overview of IDFC First Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


IDFC First Bank Business Description

Traded in Other Exchanges
Address
The Square, C-61, G-Block, Ground Floor To 8th Floor, Bandra-Kurla Complex, Bandra (East), Mumbai, MH, IND, 400 051
IDFC First Bank Ltd provides banking services including lending to individuals, providing loans, non-fund facilities, transaction services, corporate advisory, project appraisal placement, and syndication through the branch network and other delivery channels. The bank holds an investment portfolio, money market borrowing and lending, investment operations, and an entire foreign exchange and derivative portfolio. It organizes its business into four segments namely Treasury, Corporate and Wholesale, Retail, and Other Banking Business. The company generates maximum revenue from the Retail banking segment.

IDFC First Bank Headlines

No Headlines