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). ExlService Holdings's share price for the quarter that ended in Mar. 2026 was $30.45. ExlService Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 153 Mil. Therefore, ExlService Holdings's market cap for the quarter that ended in Mar. 2026 was $4,659 Mil.
ExlService Holdings's quarterly market cap
declined
from Sep. 2025 ($6,996 Mil) to Dec. 2025 ($6,639 Mil) and
declined
from Dec. 2025 ($6,639 Mil) to Mar. 2026 ($4,659 Mil).
ExlService Holdings's annual market cap
increased
from Dec. 2023 ($5,099 Mil) to Dec. 2024 ($7,181 Mil) but then
declined
from Dec. 2024 ($7,181 Mil) to Dec. 2025 ($6,639 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. ExlService Holdings's Enterprise Value for Today is $4,436 Mil.
ExlService Holdings (NAS:EXLS) 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.
ExlService Holdings Market Cap Related Terms
ExlService Holdings Market Cap Historical Data
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The historical data trend for ExlService Holdings'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.
For the Information Technology Services subindustry, ExlService Holdings'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.
ExlService Holdings Market Cap vs Software Industry
For the Software industry and Technology sector, ExlService Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where ExlService Holdings's Market Cap falls into.
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.
ExlService Holdings's Market Cap for the fiscal year that ended in Dec. 2025 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.
ExlService Holdings (EXLS) has a Market Cap of $4,170 Mil as of Jul. 11, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ExlService Holdings and its competitors. According to the industry distribution chart, ExlService Holdings ranks #201 out of 2926 companies in the Software industry, placing it in the top 6.9%.
Is ExlService Holdings' Market Cap too high?
ExlService Holdings' current Market Cap is $4,170 Mil. The Software industry median Market Cap is 69.07. ExlService Holdings' value of $4,170 Mil is 5937.2% above this industry median. Based on the distribution chart, ExlService Holdings ranks #201 out of 2926 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, ExlService Holdings has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ExlService Holdings' Market Cap compare to EPAM and SAIC?
According to the Software industry distribution chart, ExlService Holdings ranks #201 out of 2926 companies for Market Cap. This places ExlService Holdings in the top 7% of its industry — outperforming the majority of peers. The industry median Market Cap is 69.07. ExlService Holdings' value of $4,170 Mil is 5937.2% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 69.07, based on 2,926 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ExlService Holdings's current Market Cap of $4,170 Mil is 5937.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on ExlService Holdings and its competitors. For the Software industry, the median Market Cap is 69.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ExlService Holdings's current Market Cap is $4,170 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ExlService Holdings stock overvalued right now?
Based on GuruFocus' analysis, ExlService Holdings (EXLS) is currently considered Significantly Undervalued. The stock's GF Value™ is $47.76, compared to a current price of $27.30 — trading 42.8% below its estimated fair value. The current Market Cap is $4,170 Mil and 5937.2% above the Software industry median of 69.07. ExlService Holdings' overall GF Score™ is 84/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For ExlService Holdings (EXLS), the current Market Cap is $4,170 Mil as of Jul. 11, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is ExlService Holdings (EXLS) Overvalued in 2026?
Based on GuruFocus' analysis, ExlService Holdings stock appears to be undervalued.
The current stock price of $27.30 is trading 42.8% below its estimated GF Value™ of $47.76.
GuruFocus considers ExlService Holdings to be Significantly Undervalued.
Key valuation signals for EXLS:
Market Cap: $4,170 Mil
GF Value™: $47.76 vs. price of $27.30 (42.8% below fair value)
Industry Position: 5937.2% above the Software median (#201 of 2926)
No single metric tells the full story. See the EXLS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ExlService Holdings Inc. is a data analytics and digital operations company that provides data and AI-led solutions and technology-enabled services to clients across industries. The company has four reportable segments. The Insurance segment provides services such as claims management, underwriting support, and analytics solutions. The Healthcare and Life Sciences segment offers data-driven solutions and services to healthcare payers, providers, and life sciences organizations. The Banking, Capital Markets and Diversified Industries segment delivers solutions across financial services and other industries. The International Growth Markets segment focuses on providing data, AI, and digital operations services to clients outside North America.
84GF Score
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