Vedant Asset (BOM:543623) Market Cap : ₹115.99 Mil (As of May. 21, 2024)

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What is Vedant Asset 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). Vedant Asset's share price for the quarter that ended in Sep. 2023 was ₹42.5. Vedant Asset's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 2.76 Mil. Therefore, Vedant Asset's market cap for the quarter that ended in Sep. 2023 was ₹117.37 Mil.

Vedant Asset's quarterly market cap increased from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹111.15 Mil) and increased from Mar. 2023 (₹111.15 Mil) to Sep. 2023 (₹117.37 Mil).

Vedant Asset's annual market cap stayed the same from Mar. 2021 (₹0.00 Mil) to Mar. 2022 (₹0.00 Mil) but then increased from Mar. 2022 (₹0.00 Mil) to Mar. 2023 (₹111.15 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. Vedant Asset's Enterprise Value for Today is ₹80.74 Mil.

Vedant Asset Market Cap Historical Data

The historical data trend for Vedant Asset'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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Vedant Asset Market Cap Chart

Vedant Asset Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Market Cap

111.15

Vedant Asset Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Market Cap	Get a 7-Day Free Trial			-	-	-	111.15	117.37

Competitive Comparison of Vedant Asset's Market Cap

For the Asset Management subindustry, Vedant Asset'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.

Vedant Asset's Market Cap Distribution in the Asset Management Industry

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

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

Vedant Asset 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.

Vedant Asset's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )	=	Share Price (A: Mar. 2023 )	*	Shares Outstanding (EOP) (A: Mar. 2023 )
	=	₹40.25	*	2.7616
	=	₹111.15

Vedant Asset's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )	=	Share Price (Q: Sep. 2023 )	*	Shares Outstanding (EOP) (Q: Sep. 2023 )
	=	₹42.5	*	2.7616
	=	₹117.37

Vedant Asset (BOM:543623) 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.

Vedant Asset Market Cap Related Terms

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Vedant Asset (BOM:543623) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Vedant Asset Ltd (BOM:543623) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 rd Floor, Gayways House, Pee Pee Compound, Ranchi, JH, IND, 834001

Website

https://www.vedantasset.com

Vedant Asset Ltd is engaged in a Financial Investment Super Market for private and rural investors. The core business is to earn revenue from brokerage and commission by managing funds of investors with various mutual fund houses and providing Banking Correspondence Services in association with various banks.

Vedant Asset (BOM:543623) Headlines

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