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Credo Technology Group Holding (Credo Technology Group Holding) Market Cap : $3,030.7 Mil (As of Apr. 29, 2024)


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What is Credo Technology Group Holding 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). Credo Technology Group Holding's share price for the quarter that ended in Jan. 2024 was $20.51. Credo Technology Group Holding's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 163.1 Mil. Therefore, Credo Technology Group Holding's market cap for the quarter that ended in Jan. 2024 was $3,344.5 Mil.

Credo Technology Group Holding's quarterly market cap declined from Jul. 2023 ($2,541.1 Mil) to Oct. 2023 ($2,140.8 Mil) but then increased from Oct. 2023 ($2,140.8 Mil) to Jan. 2024 ($3,344.5 Mil).

Credo Technology Group Holding's annual market cap increased from Apr. 2021 ($0.0 Mil) to Apr. 2022 ($1,598.1 Mil) but then declined from Apr. 2022 ($1,598.1 Mil) to Apr. 2023 ($1,205.6 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. Credo Technology Group Holding's Enterprise Value for Today is $2,635.9 Mil.


Credo Technology Group Holding Market Cap Historical Data

The historical data trend for Credo Technology Group Holding'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.

Credo Technology Group Holding Market Cap Chart

Credo Technology Group Holding Annual Data
Trend Apr20 Apr21 Apr22 Apr23
Market Cap
- - 1,598.10 1,205.56

Credo Technology Group Holding Quarterly Data
Apr20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2,554.96 1,205.56 2,541.05 2,140.76 3,344.52

Competitive Comparison of Credo Technology Group Holding's Market Cap

For the Communication Equipment subindustry, Credo Technology Group Holding'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.


Credo Technology Group Holding's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Credo Technology Group Holding's Market Cap distribution charts can be found below:

* The bar in red indicates where Credo Technology Group Holding's Market Cap falls into.



Credo Technology Group Holding 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.

Credo Technology Group Holding's Market Cap for the fiscal year that ended in Apr. 2023 is calculated as

Market Cap (A: Apr. 2023 )=Share Price (A: Apr. 2023 )*Shares Outstanding (EOP) (A: Apr. 2023 )
=$8.11*148.651
=$1,205.6

Credo Technology Group Holding's Market Cap for the quarter that ended in Jan. 2024 is calculated as

Market Cap (Q: Jan. 2024 )=Share Price (Q: Jan. 2024 )*Shares Outstanding (EOP) (Q: Jan. 2024 )
=$20.51*163.068
=$3,344.5

* 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.


Credo Technology Group Holding  (NAS:CRDO) 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.


Credo Technology Group Holding Market Cap Related Terms

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Credo Technology Group Holding (Credo Technology Group Holding) Business Description

Traded in Other Exchanges
Address
Ugland House, PO Box 309, Grand Cayman, CYM, KY1-1104
Credo Technology Group Holding Ltd delivers high-speed solutions to break bandwidth barriers on every wired connection in the data infrastructure market. It provides innovative, secure, high-speed connectivity solutions that deliver improved power and cost efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure market.
Executives
William Joseph Brennan director, officer: Pres & Chief Executive Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Yat Tung Lam director, officer: Chief Operating Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Chi Fung Cheng director, 10 percent owner, officer: Chief Technology Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Daniel W. Fleming officer: Chief Financial Officer C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Lip Bu Tan director, 10 percent owner ONE CALIFORNIA STREET 28TH FLOOR, SAN FRANCISCO CA 94111
Adam Thorngate-gottlund officer: General Counsel & Secretary C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
Pantas Sutardja, director C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110
David Zinsner director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Sylvia Acevedo director 5775 MOREHOUSE DRIVE, SAN DIEGO CA 92121
Manpreet Khaira director C/O CREDO TECHNOLOGY GROUP HOLDING LTD, 1600 TECHNOLOGY DRIVE, SAN JOSE CA 95110