GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » Market Cap

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Market Cap : د.إ566.0 Mil (As of Apr. 30, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Dubai National Insurance & Reinsurance PSC 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). Dubai National Insurance & Reinsurance PSC's share price for the quarter that ended in Dec. 2023 was د.إ5.1. Dubai National Insurance & Reinsurance PSC's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 115.5 Mil. Therefore, Dubai National Insurance & Reinsurance PSC's market cap for the quarter that ended in Dec. 2023 was د.إ589.1 Mil.

Dubai National Insurance & Reinsurance PSC's quarterly market cap declined from Jun. 2023 (د.إ646.8 Mil) to Sep. 2023 (د.إ571.7 Mil) but then increased from Sep. 2023 (د.إ571.7 Mil) to Dec. 2023 (د.إ589.1 Mil).

Dubai National Insurance & Reinsurance PSC's annual market cap declined from Dec. 2021 (د.إ693.0 Mil) to Dec. 2022 (د.إ577.5 Mil) but then increased from Dec. 2022 (د.إ577.5 Mil) to Dec. 2023 (د.إ589.1 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. Dubai National Insurance & Reinsurance PSC's Enterprise Value for Today is د.إ365.3 Mil.


Dubai National Insurance & Reinsurance PSC Market Cap Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC Market Cap Chart

Dubai National Insurance & Reinsurance PSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 531.30 496.65 693.00 577.50 589.05

Dubai National Insurance & Reinsurance PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 577.50 623.70 646.80 571.73 589.05

Competitive Comparison of Dubai National Insurance & Reinsurance PSC's Market Cap

For the Insurance - Diversified subindustry, Dubai National Insurance & Reinsurance PSC'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.


Dubai National Insurance & Reinsurance PSC's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dubai National Insurance & Reinsurance PSC's Market Cap distribution charts can be found below:

* The bar in red indicates where Dubai National Insurance & Reinsurance PSC's Market Cap falls into.



Dubai National Insurance & Reinsurance PSC 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.

Dubai National Insurance & Reinsurance PSC's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=د.إ5.1*115.5
=د.إ589.1

Dubai National Insurance & Reinsurance PSC's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=د.إ5.1*115.5
=د.إ589.1

* 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.


Dubai National Insurance & Reinsurance PSC  (DFM:DNIR) 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.


Dubai National Insurance & Reinsurance PSC Market Cap Related Terms

Thank you for viewing the detailed overview of Dubai National Insurance & Reinsurance PSC's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

No Headlines