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). Gulf Resources's share price for the quarter that ended in Sep. 2023 was $1.87. Gulf Resources's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 10.43 Mil. Therefore, Gulf Resources's market cap for the quarter that ended in Sep. 2023 was $19.51 Mil.
Gulf Resources's quarterly market cap
declined
from Mar. 2023 ($27.96 Mil) to Jun. 2023 ($26.11 Mil) and
declined
from Jun. 2023 ($26.11 Mil) to Sep. 2023 ($19.51 Mil).
Gulf Resources's annual market cap
increased
from Dec. 2020 ($41.19 Mil) to Dec. 2021 ($45.34 Mil) but then
declined
from Dec. 2021 ($45.34 Mil) to Dec. 2022 ($32.23 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. Gulf Resources's Enterprise Value for Today is $-78.83 Mil.
Gulf Resources Market Cap Historical Data
The historical data trend for Gulf Resources'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 Gulf Resources's Market Cap
For the Chemicals subindustry, Gulf Resources'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.
Gulf Resources's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Gulf Resources's Market Cap distribution charts can be found below:
* The bar in red indicates where Gulf Resources's Market Cap falls into.
Gulf Resources 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.
Gulf Resources's Market Cap for the fiscal year that ended in Dec. 2022 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.
Gulf Resources (NAS:GURE) 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.
Gulf Resources Market Cap Related Terms
Thank you for viewing the detailed overview of Gulf Resources's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Gulf Resources (Gulf Resources) Business Description
Gulf Resources Inc is a holding company engaged in the manufacture and trade of bromine and crude salt, and natural gas; manufactures and sells chemical products used in oil and gas field exploration, oil and gas distribution, oil field drilling, wastewater processing, papermaking chemical agents and inorganic chemicals, and manufactures and sells materials for human and animal antibiotics. It operates in four segments: Bromine, Crude Salt, Chemical Products, and Natural Gas. It derives maximum revenue from the Bromine segment which is commonly used in brominated flame retardants, fumigants, water purification compounds, dyes, medicines, and disinfectants.
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