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RITES (BOM:541556) Market Cap : ₹142,499 Mil (As of Dec. 15, 2024)


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What is RITES 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). RITES's share price for the quarter that ended in Sep. 2024 was ₹345.2. RITES's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 481 Mil. Therefore, RITES's market cap for the quarter that ended in Sep. 2024 was ₹165,905 Mil.

RITES's quarterly market cap increased from Mar. 2024 (₹159,633 Mil) to Jun. 2024 (₹166,277 Mil) but then declined from Jun. 2024 (₹166,277 Mil) to Sep. 2024 (₹165,905 Mil).

RITES's annual market cap increased from Mar. 2022 (₹63,151 Mil) to Mar. 2023 (₹85,223 Mil) and increased from Mar. 2023 (₹85,223 Mil) to Mar. 2024 (₹159,633 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. RITES's Enterprise Value for Today is ₹112,503 Mil.


RITES Market Cap Historical Data

The historical data trend for RITES'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.

RITES Market Cap Chart

RITES 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 61,487.50 57,828.68 63,151.37 85,223.10 159,632.62

RITES 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 118,228.58 120,859.89 159,632.62 166,276.97 165,904.50

Competitive Comparison of RITES's Market Cap

For the Engineering & Construction subindustry, RITES'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.


RITES's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, RITES's Market Cap distribution charts can be found below:

* The bar in red indicates where RITES's Market Cap falls into.



RITES 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.

RITES'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 )
=₹332.15*480.604
=₹159,633

RITES'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 )
=₹345.2*480.604
=₹165,905

* 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.


RITES  (BOM:541556) 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.


RITES Market Cap Related Terms

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RITES Business Description

Traded in Other Exchanges
Address
Plot No. 1, Shikhar, Sector - 29, Gurugram, HR, IND, 122001
RITES Ltd is a multi-disciplinary consultancy organization. The company's operating segment includes Consultancy Services, Leasing of railway rolling stock and equipment, Export of rolling stock, equipment and spares, Turnkey Construction Projects, and Power Generation. The firm generates a majority of its revenue from Consultancy services. The firm operates in various sectors such as airports, highways, bridge and tunnel engineering, and industrial engineering among others. Geographically, it derives a majority of its revenue from India.

RITES Headlines

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