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). Reliance Worldwide's share price for the quarter that ended in Dec. 2023 was €2.66. Reliance Worldwide's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 790 Mil. Therefore, Reliance Worldwide's market cap for the quarter that ended in Dec. 2023 was €2,102 Mil.
Reliance Worldwide's quarterly market cap
increased
from Dec. 2022 (€1,454 Mil) to Jun. 2023 (€1,928 Mil) and
increased
from Jun. 2023 (€1,928 Mil) to Dec. 2023 (€2,102 Mil).
Reliance Worldwide's annual market cap
declined
from Jun. 2021 (€2,607 Mil) to Jun. 2022 (€2,054 Mil) and
declined
from Jun. 2022 (€2,054 Mil) to Jun. 2023 (€1,928 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. Reliance Worldwide's Enterprise Value for Today is €2,787 Mil.
Reliance Worldwide Market Cap Historical Data
The historical data trend for Reliance Worldwide'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 Reliance Worldwide's Market Cap
For the Building Products & Equipment subindustry, Reliance Worldwide'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.
Reliance Worldwide's Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, Reliance Worldwide's Market Cap distribution charts can be found below:
* The bar in red indicates where Reliance Worldwide's Market Cap falls into.
Reliance Worldwide 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.
Reliance Worldwide's Market Cap for the fiscal year that ended in Jun. 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.
Reliance Worldwide (FRA:0EU) 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.
Reliance Worldwide Market Cap Related Terms
Thank you for viewing the detailed overview of Reliance Worldwide's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.
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