The New India Assurance Co's quarterly market cap
increased
from Jun. 2023 (₹192,651 Mil) to Sep. 2023 (₹231,379 Mil) and
increased
from Sep. 2023 (₹231,379 Mil) to Dec. 2023 (₹346,492 Mil).
The New India Assurance Co's annual market cap
declined
from Mar. 2021 (₹254,369 Mil) to Mar. 2022 (₹183,917 Mil) and
declined
from Mar. 2022 (₹183,917 Mil) to Mar. 2023 (₹159,856 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. The New India Assurance Co's Enterprise Value for Today is ₹289,002 Mil.
The New India Assurance Co Market Cap Historical Data
* 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 The New India Assurance Co's Market Cap
For the Insurance - Diversified subindustry, The New India Assurance Co'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.
The New India Assurance Co's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, The New India Assurance Co's Market Cap distribution charts can be found below:
* The bar in red indicates where The New India Assurance Co's Market Cap falls into.
The New India Assurance Co 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.
* 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.
The New India Assurance Co (BOM:540769) 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.
The New India Assurance Co Market Cap Related Terms
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The New India Assurance Co (BOM:540769) Business Description
The New India Assurance Co Ltd is a general insurance company in India. Its divisions include fire insurance, marine insurance, motor insurance, travel insurance, property insurance, aviation, engineering, accident and health insurance, and others.
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