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). China Steel's share price for the quarter that ended in Dec. 2023 was $28.77. China Steel's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 765 Mil. Therefore, China Steel's market cap for the quarter that ended in Dec. 2023 was $22,020 Mil.
China Steel's quarterly market cap
declined
from Jun. 2023 ($22,229 Mil) to Sep. 2023 ($22,221 Mil) and
declined
from Sep. 2023 ($22,221 Mil) to Dec. 2023 ($22,020 Mil).
China Steel's annual market cap
increased
from Dec. 2021 ($9,504 Mil) to Dec. 2022 ($22,229 Mil) but then
declined
from Dec. 2022 ($22,229 Mil) to Dec. 2023 ($22,020 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. China Steel's Enterprise Value for Today is $29,639 Mil.
China Steel Market Cap Historical Data
The historical data trend for China Steel'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.
Competitive Comparison of China Steel's Market Cap
For the Steel subindustry, China Steel'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.
China Steel's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, China Steel's Market Cap distribution charts can be found below:
* The bar in red indicates where China Steel's Market Cap falls into.
China Steel 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.
China Steel's Market Cap for the fiscal year that ended in Dec. 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.
China Steel (OTCPK:CISXF) 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.
China Steel Market Cap Related Terms
Thank you for viewing the detailed overview of China Steel's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
China Steel Corp is a steelmaker in Taiwan. The company produces a range of products including plates, bars, wire rods, hot and cold rolled coils, electro-galvanized coils, electrical steel coils, hot-dip galvanized coils, and Ti/Ni-base alloy.
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