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). Laser Photonics's share price for the quarter that ended in Dec. 2023 was $1.18. Laser Photonics's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 9.25 Mil. Therefore, Laser Photonics's market cap for the quarter that ended in Dec. 2023 was $10.92 Mil.
Laser Photonics's quarterly market cap
declined
from Jun. 2023 ($25.59 Mil) to Sep. 2023 ($11.55 Mil) and
declined
from Sep. 2023 ($11.55 Mil) to Dec. 2023 ($10.92 Mil).
Laser Photonics's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($16.07 Mil) but then
declined
from Dec. 2022 ($16.07 Mil) to Dec. 2023 ($10.92 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. Laser Photonics's Enterprise Value for Today is $16.65 Mil.
Laser Photonics Market Cap Historical Data
The historical data trend for Laser Photonics'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 Laser Photonics's Market Cap
For the Specialty Industrial Machinery subindustry, Laser Photonics'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.
Laser Photonics's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Laser Photonics's Market Cap distribution charts can be found below:
* The bar in red indicates where Laser Photonics's Market Cap falls into.
Laser Photonics 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.
Laser Photonics'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.
Laser Photonics (NAS:LASE) 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.
Laser Photonics Market Cap Related Terms
Thank you for viewing the detailed overview of Laser Photonics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Laser Photonics (Laser Photonics) Business Description
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
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