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Mitsubishi Electric (FRA:MIE1) Market Cap : €34,204 Mil (As of Dec. 14, 2024)


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What is Mitsubishi Electric 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). Mitsubishi Electric's share price for the quarter that ended in Sep. 2024 was €14.23. Mitsubishi Electric's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 2,079 Mil. Therefore, Mitsubishi Electric's market cap for the quarter that ended in Sep. 2024 was €29,580 Mil.

Mitsubishi Electric's quarterly market cap declined from Mar. 2024 (€31,700 Mil) to Jun. 2024 (€31,605 Mil) and declined from Jun. 2024 (€31,605 Mil) to Sep. 2024 (€29,580 Mil).

Mitsubishi Electric's annual market cap increased from Mar. 2022 (€21,711 Mil) to Mar. 2023 (€22,635 Mil) and increased from Mar. 2023 (€22,635 Mil) to Mar. 2024 (€31,700 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. Mitsubishi Electric's Enterprise Value for Today is €31,315 Mil.


Mitsubishi Electric Market Cap Historical Data

The historical data trend for Mitsubishi Electric'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.

Mitsubishi Electric Market Cap Chart

Mitsubishi Electric Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24,025.23 27,888.77 21,711.05 22,635.49 31,699.94

Mitsubishi Electric 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 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 24,176.18 26,335.38 31,699.94 31,605.36 29,580.19

Competitive Comparison of Mitsubishi Electric's Market Cap

For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.


Mitsubishi Electric's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Market Cap distribution charts can be found below:

* The bar in red indicates where Mitsubishi Electric's Market Cap falls into.



Mitsubishi Electric 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.

Mitsubishi Electric's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=€15.18*2088.27
=€31,700

Mitsubishi Electric's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=€14.23*2078.72
=€29,580

* 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.


Mitsubishi Electric  (FRA:MIE1) 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.


Mitsubishi Electric Market Cap Related Terms

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Mitsubishi Electric Business Description

Traded in Other Exchanges
Address
Tokyo Building, 2-7-3, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-8310
Mitsubishi Electric is a diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.

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