GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Ashtead Group PLC (CHIX:AHTl) » Definitions » Market Cap

Ashtead Group (CHIX:AHTL) Market Cap : £23,550 Mil (As of Dec. 11, 2024)


View and export this data going back to 2008. Start your Free Trial

What is Ashtead Group 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). Ashtead Group's share price for the quarter that ended in Oct. 2024 was £58. Ashtead Group's Shares Outstanding (EOP) for the quarter that ended in Oct. 2024 was 438 Mil. Therefore, Ashtead Group's market cap for the quarter that ended in Oct. 2024 was £25,392 Mil.

Ashtead Group's quarterly market cap declined from Apr. 2024 (£25,370 Mil) to Jul. 2024 (£24,362 Mil) but then increased from Jul. 2024 (£24,362 Mil) to Oct. 2024 (£25,392 Mil).

Ashtead Group's annual market cap increased from Apr. 2022 (£18,442 Mil) to Apr. 2023 (£19,967 Mil) and increased from Apr. 2023 (£19,967 Mil) to Apr. 2024 (£25,370 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. Ashtead Group's Enterprise Value for Today is £32,136 Mil.


Ashtead Group Market Cap Historical Data

The historical data trend for Ashtead Group'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.

Ashtead Group Market Cap Chart

Ashtead Group Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9,772.17 20,926.46 18,441.52 19,967.18 25,369.68

Ashtead Group Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 20,507.69 22,758.35 25,369.68 24,362.19 25,392.40

Competitive Comparison of Ashtead Group's Market Cap

For the Rental & Leasing Services subindustry, Ashtead Group'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.


Ashtead Group's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Ashtead Group's Market Cap distribution charts can be found below:

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



Ashtead Group 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.

Ashtead Group's Market Cap for the fiscal year that ended in Apr. 2024 is calculated as

Market Cap (A: Apr. 2024 )=Share Price (A: Apr. 2024 )*Shares Outstanding (EOP) (A: Apr. 2024 )
=£58.14*436.355
=£25,370

Ashtead Group's Market Cap for the quarter that ended in Oct. 2024 is calculated as

Market Cap (Q: Oct. 2024 )=Share Price (Q: Oct. 2024 )*Shares Outstanding (EOP) (Q: Oct. 2024 )
=£58*437.800
=£25,392

* 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.


Ashtead Group  (CHIX:AHTl) 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.


Ashtead Group Market Cap Related Terms

Thank you for viewing the detailed overview of Ashtead Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Ashtead Group Business Description

Traded in Other Exchanges
Address
100 Cheapside, London, GBR, EC2V 6DT
Ashtead is an equipment rental business with operations in the US, Canada, and United Kingdom, operating under the Sunbelt Rentals brand. Earnings are mostly derived from the US where Sunbelt enjoy a number-two market position with a 13% share in a highly fragmented market consisting of national, regional, and independent competitors. Ashtead rents a range of construction, industrial, and general equipment such as aerial lifts, hand-held tools, and forklifts across its more than 1,550 rental stores worldwide.

Ashtead Group Headlines

No Headlines