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). Genworth Financial's share price for the quarter that ended in Dec. 2023 was $6.68. Genworth Financial's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 447 Mil. Therefore, Genworth Financial's market cap for the quarter that ended in Dec. 2023 was $2,985 Mil.
Genworth Financial's quarterly market cap
increased
from Jun. 2023 ($2,335 Mil) to Sep. 2023 ($2,653 Mil) and
increased
from Sep. 2023 ($2,653 Mil) to Dec. 2023 ($2,985 Mil).
Genworth Financial's annual market cap
increased
from Dec. 2021 ($2,057 Mil) to Dec. 2022 ($2,619 Mil) and
increased
from Dec. 2022 ($2,619 Mil) to Dec. 2023 ($2,985 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. Genworth Financial's Enterprise Value for Today is $2,048 Mil.
Genworth Financial Market Cap Historical Data
The historical data trend for Genworth Financial'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 Insurance - Life subindustry, Genworth Financial'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.
Genworth Financial Market Cap Distribution
For the Insurance industry and Financial Services sector, Genworth Financial's Market Cap distribution charts can be found below:
* The bar in red indicates where Genworth Financial's Market Cap falls into.
Genworth Financial 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.
Genworth Financial's Market Cap for the fiscal year that ended in Dec. 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.
Genworth Financial (NYSE:GNW) 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.
Genworth Financial Market Cap Related Terms
Thank you for viewing the detailed overview of Genworth Financial's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Genworth Financial (Genworth Financial) Business Description
Genworth Financial is a diversified insurance holding company that provides various mortgage and life insurance products. The company has three main operating business segments: Enact, U.S. Life Insurance, and Runoff. The company's product portfolio includes various financial products such as traditional life insurance, mortgage insurance, fixed annuities, and variable annuities. most of the revenue is generated by the company's U.S. life insurance segment that offers long-term care insurance, fixed annuity, and traditional life insurance products. The company earns most of its revenue in the United States.
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