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Route Mobile (BOM:543228) Market Cap : ₹90,497 Mil (As of May. 18, 2024)


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What is Route Mobile 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). Route Mobile's share price for the quarter that ended in Mar. 2024 was ₹1601.45. Route Mobile's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 63 Mil. Therefore, Route Mobile's market cap for the quarter that ended in Mar. 2024 was ₹100,553 Mil.

Route Mobile's quarterly market cap increased from Sep. 2023 (₹99,544 Mil) to Dec. 2023 (₹100,222 Mil) and increased from Dec. 2023 (₹100,222 Mil) to Mar. 2024 (₹100,553 Mil).

Route Mobile's annual market cap declined from Mar. 2022 (₹96,903 Mil) to Mar. 2023 (₹85,341 Mil) but then increased from Mar. 2023 (₹85,341 Mil) to Mar. 2024 (₹100,553 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. Route Mobile's Enterprise Value for Today is ₹86,390 Mil.


Route Mobile Market Cap Historical Data

The historical data trend for Route Mobile'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.

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Route Mobile Market Cap Chart

Route Mobile Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial - 81,410.80 96,902.86 85,341.12 100,552.64

Route Mobile Quarterly Data
Mar18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 75,773.90 85,341.12 99,543.57 100,221.78 100,552.64

Competitive Comparison of Route Mobile's Market Cap

For the Telecom Services subindustry, Route Mobile'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.


Route Mobile's Market Cap Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Route Mobile's Market Cap distribution charts can be found below:

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



Route Mobile 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.

Route Mobile'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 )
=₹1601.45*62.7885
=₹100,553

Route Mobile'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 )
=₹1601.45*62.7885
=₹100,553

* 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.


Route Mobile  (BOM:543228) 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.


Route Mobile Market Cap Related Terms

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Route Mobile (BOM:543228) Business Description

Traded in Other Exchanges
Address
4th Dimension, 3rd Floor, Mind space, Malad (West), Mumbai, MH, IND, 400 064
Route Mobile Ltd is a Cloud Communication Platform provider, catering to enterprises, over-the-top (OTT) players, and mobile network operators (MNO). Its range of enterprise communication services includes smart solutions in Messaging, Voice, Email, SMS Filtering, Analytics, and Monetization. The company's products and services include Messaging; Operator; Voice; Email; Identity Solution; and Bespoke Solutions. Its geographical operations are spread across India, Dubai, United Kingdom and Nigeria.

Route Mobile (BOM:543228) Headlines

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