89bio (ETNB) Market Cap : $923.02 Mil (As of Dec. 12, 2024)

89bio Market Cap Chart

89bio Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Market Cap	Get a 7-Day Free Trial															1,167.86	1,041.82	1,108.12	840.37	785.33

Competitive Comparison of 89bio's Market Cap

For the Biotechnology subindustry, 89bio'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.

89bio's Market Cap Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, 89bio's Market Cap distribution charts can be found below:

* The bar in red indicates where 89bio's Market Cap falls into.

89bio 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.

89bio's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

89bio's Market Cap for the quarter that ended in Sep. 2024 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.

89bio  (NAS:ETNB) 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.

89bio Market Cap Related Terms

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89bio Business Description