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Askari Bank (KAR:AKBL) Market Cap : ₨36,464 Mil (As of Apr. 28, 2024)


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What is Askari Bank 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). Askari Bank's share price for the quarter that ended in Dec. 2023 was ₨24.72. Askari Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,449 Mil. Therefore, Askari Bank's market cap for the quarter that ended in Dec. 2023 was ₨35,827 Mil.

Askari Bank's quarterly market cap increased from Jun. 2023 (₨18,783 Mil) to Sep. 2023 (₨22,812 Mil) and increased from Sep. 2023 (₨22,812 Mil) to Dec. 2023 (₨35,827 Mil).

Askari Bank's annual market cap declined from Dec. 2021 (₨27,751 Mil) to Dec. 2022 (₨25,331 Mil) but then increased from Dec. 2022 (₨25,331 Mil) to Dec. 2023 (₨35,827 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. Askari Bank's Enterprise Value for Today is ₨-113,315 Mil.


Askari Bank Market Cap Historical Data

The historical data trend for Askari Bank'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.

Askari Bank Market Cap Chart

Askari Bank 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 23,365.18 29,477.46 27,750.91 25,331.30 35,826.70

Askari Bank Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 25,331.30 22,580.09 18,782.93 22,811.98 35,826.70

Competitive Comparison of Askari Bank's Market Cap

For the Banks - Regional subindustry, Askari Bank'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.


Askari Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Askari Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Askari Bank's Market Cap falls into.



Askari Bank 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.

Askari Bank'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 )
=₨24.72*1449.3
=₨35,827

Askari Bank's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₨24.72*1449.3
=₨35,827

* 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.


Askari Bank  (KAR:AKBL) 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.


Askari Bank Market Cap Related Terms

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Askari Bank (KAR:AKBL) Business Description

Traded in Other Exchanges
N/A
Address
AWT Plaza, The Mall, P.O. Box No. 1084, Rawalpindi, PB, PAK, 46000
Askari Bank Ltd operates as a bank in Pakistan. The bank operates its business through segments namely Branch banking; Corporate banking; Treasury; Consumer banking; Islamic banking; Foreign operations; and Other. It generates maximum revenue from the Branch banking segment. The Branch banking segment consists of loans, deposits, and other banking services including branchless banking services to small enterprises, medium enterprises, agriculture, and individual customers. Geographically, it derives a majority of its revenue from Pakistan.

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