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HDFC Asset Management Co (BOM:541729) Market Cap : ₹793,392 Mil (As of Apr. 29, 2024)


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What is HDFC Asset Management Co 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). HDFC Asset Management Co's share price for the quarter that ended in Mar. 2024 was ₹3753.15. HDFC Asset Management Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 214 Mil. Therefore, HDFC Asset Management Co's market cap for the quarter that ended in Mar. 2024 was ₹803,797 Mil.

HDFC Asset Management Co's quarterly market cap increased from Sep. 2023 (₹564,911 Mil) to Dec. 2023 (₹683,704 Mil) and increased from Dec. 2023 (₹683,704 Mil) to Mar. 2024 (₹803,797 Mil).

HDFC Asset Management Co's annual market cap declined from Mar. 2022 (₹457,729 Mil) to Mar. 2023 (₹364,039 Mil) but then increased from Mar. 2023 (₹364,039 Mil) to Mar. 2024 (₹802,202 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. HDFC Asset Management Co's Enterprise Value for Today is ₹781,014 Mil.


HDFC Asset Management Co Market Cap Historical Data

The historical data trend for HDFC Asset Management Co'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.

HDFC Asset Management Co Market Cap Chart

HDFC Asset Management Co 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 449,471.86 621,921.51 457,728.73 364,039.02 802,202.03

HDFC Asset Management Co 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 364,039.02 490,199.54 564,910.69 683,703.86 803,797.12

Competitive Comparison of HDFC Asset Management Co's Market Cap

For the Asset Management subindustry, HDFC Asset Management 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.


HDFC Asset Management Co's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, HDFC Asset Management Co's Market Cap distribution charts can be found below:

* The bar in red indicates where HDFC Asset Management Co's Market Cap falls into.



HDFC Asset Management 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.

HDFC Asset Management Co'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 )
=₹3753.15*213.741
=₹802,202

HDFC Asset Management Co'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 )
=₹3753.15*214.166
=₹803,797

* 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.


HDFC Asset Management Co  (BOM:541729) 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.


HDFC Asset Management Co Market Cap Related Terms

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HDFC Asset Management Co (BOM:541729) Business Description

Traded in Other Exchanges
Address
H.T. Parekh Marg, HDFC House, 2nd Floor, 165-166, Backbay Reclamation, Churchgate, Mumbai, MH, IND, 400 020
HDFC Asset Management Co Ltd is an asset management company. The company is in the business of providing asset management services to HDFC Mutual Fund and portfolio management and advisory services to clients. Geographically, it derives a majority of revenue from within India.

HDFC Asset Management Co (BOM:541729) Headlines

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