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PNE AG (FRA:PNE3) Market Cap : €1,131.3 Mil (As of May. 25, 2024)


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What is PNE AG 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). PNE AG's share price for the quarter that ended in Mar. 2024 was €13.42. PNE AG's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 76.3 Mil. Therefore, PNE AG's market cap for the quarter that ended in Mar. 2024 was €1,024.4 Mil.

PNE AG's quarterly market cap increased from Sep. 2023 (€1,001.5 Mil) to Dec. 2023 (€1,044.3 Mil) but then declined from Dec. 2023 (€1,044.3 Mil) to Mar. 2024 (€1,024.4 Mil).

PNE AG's annual market cap increased from Dec. 2021 (€641.2 Mil) to Dec. 2022 (€1,614.5 Mil) but then declined from Dec. 2022 (€1,614.5 Mil) to Dec. 2023 (€1,044.3 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. PNE AG's Enterprise Value for Today is €1,055.1 Mil.


PNE AG Market Cap Historical Data

The historical data trend for PNE AG'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.

PNE AG Market Cap Chart

PNE AG 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 307.07 612.22 641.23 1,614.52 1,044.28

PNE AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,029.02 1,082.45 1,001.53 1,044.28 1,024.44

Competitive Comparison of PNE AG's Market Cap

For the Utilities - Renewable subindustry, PNE AG'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.


PNE AG's Market Cap Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, PNE AG's Market Cap distribution charts can be found below:

* The bar in red indicates where PNE AG's Market Cap falls into.



PNE AG 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.

PNE AG'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 )
=€13.68*76.3365
=€1,044.3

PNE AG's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€13.42*76.3365
=€1,024.4

* 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.


PNE AG  (FRA:PNE3) 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.


PNE AG Market Cap Related Terms

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PNE AG (FRA:PNE3) Business Description

Traded in Other Exchanges
Address
Peter-Henlein-Strasse 2-4, Cuxhaven, NI, DEU, 27472
PNE AG is a wind farm developer in the offshore area. The company's core business is the project development as well the construction and operation of onshore and offshore wind farms. It operates in three segments: Project development; Service products; and Electricity generation. The project development segment reports sub-divisions such as onshore wind power - national and international, offshore wind power - national and international, and photovoltaic projects - national and international, as well as other projects.

PNE AG (FRA:PNE3) Headlines

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