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Salem Erode Investments (BOM:540181) Market Cap : ₹598.50 Mil (As of Jun. 25, 2024)


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What is Salem Erode Investments 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). Salem Erode Investments's share price for the quarter that ended in Mar. 2024 was ₹44.6. Salem Erode Investments's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 11.47 Mil. Therefore, Salem Erode Investments's market cap for the quarter that ended in Mar. 2024 was ₹511.36 Mil.

Salem Erode Investments's quarterly market cap declined from Sep. 2023 (₹462.06 Mil) to Dec. 2023 (₹458.62 Mil) but then increased from Dec. 2023 (₹458.62 Mil) to Mar. 2024 (₹511.36 Mil).

Salem Erode Investments's annual market cap declined from Mar. 2022 (₹984.31 Mil) to Mar. 2023 (₹470.09 Mil) but then increased from Mar. 2023 (₹470.09 Mil) to Mar. 2024 (₹511.36 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. Salem Erode Investments's Enterprise Value for Today is ₹654.50 Mil.


Salem Erode Investments Market Cap Historical Data

The historical data trend for Salem Erode Investments'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.

Salem Erode Investments Market Cap Chart

Salem Erode Investments 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 20.64 34.51 984.31 470.09 511.36

Salem Erode Investments Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 470.09 447.15 462.06 458.62 511.36

Competitive Comparison of Salem Erode Investments's Market Cap

For the Credit Services subindustry, Salem Erode Investments'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.


Salem Erode Investments's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Salem Erode Investments's Market Cap distribution charts can be found below:

* The bar in red indicates where Salem Erode Investments's Market Cap falls into.



Salem Erode Investments 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.

Salem Erode Investments'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 )
=₹44.6*11.4655
=₹511.36

Salem Erode Investments's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹44.6*11.4655
=₹511.36

* 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.


Salem Erode Investments  (BOM:540181) 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.


Salem Erode Investments Market Cap Related Terms

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Salem Erode Investments (BOM:540181) Business Description

Traded in Other Exchanges
N/A
Address
Irinjalakuda Main Road, V. K. K. Building, Thrissur, KL, IND, 680121
Salem Erode Investments Ltd is engaged in the lending and investment business in India. It is a finance company that helps to secure the future financially and helps in the financial crisis. The company invests in listed and unlisted equity shares, debt instruments of companies in a wide range of industries, and mutual funds. It also lends money with or without security. The company generates revenue from interest income and dividends.

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