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). Lumentum Holdings's share price for the quarter that ended in Dec. 2023 was $52.42. Lumentum Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 67 Mil. Therefore, Lumentum Holdings's market cap for the quarter that ended in Dec. 2023 was $3,533 Mil.
Lumentum Holdings's quarterly market cap
declined
from Jun. 2023 ($3,767 Mil) to Sep. 2023 ($3,027 Mil) but then
increased
from Sep. 2023 ($3,027 Mil) to Dec. 2023 ($3,533 Mil).
Lumentum Holdings's annual market cap
declined
from Jun. 2021 ($5,988 Mil) to Jun. 2022 ($5,401 Mil) and
declined
from Jun. 2022 ($5,401 Mil) to Jun. 2023 ($3,767 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. Lumentum Holdings's Enterprise Value for Today is $4,496 Mil.
Lumentum Holdings Market Cap Historical Data
The historical data trend for Lumentum Holdings'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 Lumentum Holdings's Market Cap
For the Communication Equipment subindustry, Lumentum Holdings'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.
Lumentum Holdings's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Lumentum Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Lumentum Holdings's Market Cap falls into.
Lumentum Holdings 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.
Lumentum Holdings'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.
Lumentum Holdings (NAS:LITE) 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.
Lumentum Holdings Market Cap Related Terms
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Lumentum Holdings (Lumentum Holdings) Business Description
Lumentum Holdings Inc is a California-based technology firm. The company provides two types of optical and photonic products: optical components that are used in telecommunications networking equipment, and commercial lasers for manufacturing, inspection, and life-science lab uses. Its segments are OpComms and Lasers. The firm is also expanding into new optical applications, such as 3-D sensing laser diode for consumer electronics. It generates maximum revenue from the OpComms segment. The OpComms segment products include a wide range of components, modules and subsystems to support customers including carrier networks for access (local), metro (intracity), long-haul, and submarine (undersea) applications.
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