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). IDP Education's share price for the quarter that ended in Dec. 2023 was $15.38. IDP Education's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 278.3 Mil. Therefore, IDP Education's market cap for the quarter that ended in Dec. 2023 was $4,280.8 Mil.
IDP Education's quarterly market cap
increased
from Dec. 2022 ($4,174.0 Mil) to Jun. 2023 ($5,669.7 Mil) but then
declined
from Jun. 2023 ($5,669.7 Mil) to Dec. 2023 ($4,280.8 Mil).
IDP Education's annual market cap
declined
from Jun. 2021 ($2,670.3 Mil) to Jun. 2022 ($2,670.1 Mil) but then
increased
from Jun. 2022 ($2,670.1 Mil) to Jun. 2023 ($5,669.7 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. IDP Education's Enterprise Value for Today is $3,170.1 Mil.
IDP Education Market Cap Historical Data
The historical data trend for IDP Education'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 IDP Education's Market Cap
For the Education & Training Services subindustry, IDP Education'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.
IDP Education's Market Cap Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, IDP Education's Market Cap distribution charts can be found below:
* The bar in red indicates where IDP Education's Market Cap falls into.
IDP Education 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.
IDP Education'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.
IDP Education (OTCPK:IDPUF) 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.
IDP Education Market Cap Related Terms
Thank you for viewing the detailed overview of IDP Education's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
IDP Education (IDP Education) Business Description
IDP Education is a global leader in English language testing and student placement services, constituting 64% and 27% of fiscal 2022 group revenue, respectively. Additionally, IDP operates English language schools, organizes education events and delivers consultancy services to education institutions, which constitutes the remainder of group revenue. Originally established in Australia as an aid body for Southeast Asia, today IDP operates one of the world's most widely accepted English language tests and one of the world's largest student placement services businesses, predominantly connecting prospective migrants from India and China to Australia, Canada, and the United Kingdom.
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