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Amreli Steels (KAR:ASTL) Market Cap : ₨7,731 Mil (As of May. 11, 2024)


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What is Amreli Steels 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). Amreli Steels's share price for the quarter that ended in Dec. 2023 was ₨23.06. Amreli Steels's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 298 Mil. Therefore, Amreli Steels's market cap for the quarter that ended in Dec. 2023 was ₨6,862 Mil.

Amreli Steels's quarterly market cap increased from Jun. 2023 (₨4,559 Mil) to Sep. 2023 (₨5,753 Mil) and increased from Sep. 2023 (₨5,753 Mil) to Dec. 2023 (₨6,862 Mil).

Amreli Steels's annual market cap declined from Jun. 2021 (₨12,902 Mil) to Jun. 2022 (₨6,962 Mil) and declined from Jun. 2022 (₨6,962 Mil) to Jun. 2023 (₨4,559 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. Amreli Steels's Enterprise Value for Today is ₨29,296 Mil.


Amreli Steels Market Cap Historical Data

The historical data trend for Amreli Steels'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.

Amreli Steels Market Cap Chart

Amreli Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,324.29 9,694.44 12,902.16 6,961.94 4,559.12

Amreli Steels 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 5,331.35 5,248.18 4,559.12 5,753.10 6,862.40

Competitive Comparison of Amreli Steels's Market Cap

For the Steel subindustry, Amreli Steels'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.


Amreli Steels's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Amreli Steels's Market Cap distribution charts can be found below:

* The bar in red indicates where Amreli Steels's Market Cap falls into.



Amreli Steels 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.

Amreli Steels's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=₨15.35*297.011
=₨4,559

Amreli Steels'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 )
=₨23.06*297.589
=₨6,862

* 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.


Amreli Steels  (KAR:ASTL) 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.


Amreli Steels Market Cap Related Terms

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Amreli Steels (KAR:ASTL) Business Description

Traded in Other Exchanges
N/A
Address
Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.