Bytes Technology Group's quarterly market cap
declined
from Aug. 2022 (£1,000.1 Mil) to Feb. 2023 (£958.4 Mil) but then
increased
from Feb. 2023 (£958.4 Mil) to Aug. 2023 (£1,159.1 Mil).
Bytes Technology Group's annual market cap
stayed the same
from Feb. 2021 (£0.0 Mil) to Feb. 2022 (£0.0 Mil) but then
increased
from Feb. 2022 (£0.0 Mil) to Feb. 2023 (£958.4 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. Bytes Technology Group's Enterprise Value for Today is £1,170.7 Mil.
* 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.
Competitive Comparison of Bytes Technology Group's Market Cap
For the Software - Infrastructure subindustry, Bytes Technology 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.
Bytes Technology Group's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Bytes Technology Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Bytes Technology Group's Market Cap falls into.
Bytes Technology 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.
Bytes Technology Group's Market Cap for the fiscal year that ended in Feb. 2023 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.
Bytes Technology Group (CHIX:BYITl) 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.
Bytes Technology Group Market Cap Related Terms
Thank you for viewing the detailed overview of Bytes Technology Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Bytes Technology Group (CHIX:BYITL) Business Description
Bytes Technology Group PLC provides IT solutions and services, offering software, hardware and cloud services. It enables effective and cost-efficient technology sourcing, adoption and management across software, security and cloud services. The company's brands include Bytes Software Services (BSS) and Phoenix Software. It generates a majority of its revenue from Software.
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