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XPBSP:XPBR31 +0.35%66 Market Cap is R$44,787 Mil as of Aug. 02, 2026. GuruFocus rates BSP:XPBR31 with a GF Score™ of 66/100 and a GF Value™ of R$196.10 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 826 Capital Markets companies, XP ranks better than 92.74% on this metric.
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). XP's share price for the quarter that ended in Mar. 2026 was R$97.8. XP's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 517 Mil. Therefore, XP's market cap for the quarter that ended in Mar. 2026 was R$50,531 Mil.
XP's quarterly market cap
declined
from Sep. 2025 (R$52,827 Mil) to Dec. 2025 (R$47,595 Mil) but then
increased
from Dec. 2025 (R$47,595 Mil) to Mar. 2026 (R$50,531 Mil).
XP's annual market cap
declined
from Dec. 2023 (R$68,810 Mil) to Dec. 2024 (R$39,398 Mil) but then
increased
from Dec. 2024 (R$39,398 Mil) to Dec. 2025 (R$47,595 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. XP's Enterprise Value for Today is R$75,896 Mil.
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.
XP Market Cap Related Terms
XP Market Cap Historical Data
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The historical data trend for XP'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.
BSP:XPBR31 vs RIOT, SNEX, WULF: Market Cap Comparison
For the Capital Markets subindustry, XP'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.
XP Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, XP's Market Cap distribution charts can be found below:
* The bar in red indicates where XP's Market Cap falls into.
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.
XP's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
XP (BSP:XPBR31) has a Market Cap of R$44,787 Mil as of Aug. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on XP and its competitors. According to the industry distribution chart, XP ranks #60 out of 826 companies in the Capital Markets industry, placing it in the top 7.3%.
Is XP's Market Cap too high?
XP's current Market Cap is R$44,787 Mil. Based on the distribution chart, XP ranks #60 out of 826 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, XP has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XP's Market Cap compare to RIOT and SNEX?
According to the Capital Markets industry distribution chart, XP ranks #60 out of 826 companies for Market Cap. This places XP in the top 7% of its industry — outperforming the majority of peers. The industry median Market Cap is 56.30. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 56.30, based on 826 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on XP and its competitors. For the Capital Markets industry, the median Market Cap is 56.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XP's current Market Cap is R$44,787 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XP stock overvalued right now?
Based on GuruFocus' analysis, XP (BSP:XPBR31) is currently considered Modestly Undervalued. The stock's GF Value™ is R$196.10, compared to a current price of R$86.56 — trading 55.9% below its estimated fair value. The current Market Cap is R$44,787 Mil. XP's overall GF Score™ is 66/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For XP (BSP:XPBR31), the current Market Cap is R$44,787 Mil as of Aug. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is XP (BSP:XPBR31) Overvalued in 2026?
Based on GuruFocus' analysis, XP stock appears to be undervalued.
The current stock price of R$86.56 is trading 55.9% below its estimated GF Value™ of R$196.10.
GuruFocus considers XP to be Modestly Undervalued.
Key valuation signals for BSP:XPBR31:
Market Cap: R$44,787 Mil
GF Value™: R$196.10 vs. price of R$86.56 (55.9% below fair value)
No single metric tells the full story. See the BSP:XPBR31 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
XP Inc is a Cayman Island-based technology-driven financial services platform. It is a provider of low-fee financial products and services in Brazil. The company evaluates its business through a single segment such as monitoring operations, making decisions on fund allocation, and evaluating the performance. It generates revenue through the Brokerage commission. Geographically, the company derives maximum revenue from Brazil and also has its presence in other countries.
66GF Score
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Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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