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Direct Line Insurance Group (LSE:DLG) Market Cap : £2,407 Mil (As of May. 03, 2024)


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What is Direct Line Insurance Group 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). Direct Line Insurance Group's share price for the quarter that ended in Dec. 2023 was £1.8195. Direct Line Insurance Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,298 Mil. Therefore, Direct Line Insurance Group's market cap for the quarter that ended in Dec. 2023 was £2,361 Mil.

Direct Line Insurance Group's quarterly market cap declined from Dec. 2022 (£2,902 Mil) to Jun. 2023 (£1,783 Mil) but then increased from Jun. 2023 (£1,783 Mil) to Dec. 2023 (£2,361 Mil).

Direct Line Insurance Group's annual market cap declined from Dec. 2021 (£3,713 Mil) to Dec. 2022 (£2,902 Mil) and declined from Dec. 2022 (£2,902 Mil) to Dec. 2023 (£2,361 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. Direct Line Insurance Group's Enterprise Value for Today is £1,082 Mil.


Direct Line Insurance Group Market Cap Historical Data

The historical data trend for Direct Line Insurance Group'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.

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Direct Line Insurance Group Market Cap Chart

Direct Line Insurance Group 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 4,296.88 4,352.91 3,712.68 2,902.13 2,361.17

Direct Line Insurance Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3,712.68 3,300.79 2,902.13 1,782.85 2,361.17

Competitive Comparison of Direct Line Insurance Group's Market Cap

For the Insurance - Property & Casualty subindustry, Direct Line Insurance Group'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.


Direct Line Insurance Group's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Direct Line Insurance Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Direct Line Insurance Group's Market Cap falls into.



Direct Line Insurance Group 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.

Direct Line Insurance Group'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 )
=£1.8195*1297.7
=£2,361

Direct Line Insurance Group'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 )
=£1.8195*1297.7
=£2,361

* 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.


Direct Line Insurance Group  (LSE:DLG) 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.


Direct Line Insurance Group Market Cap Related Terms

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Direct Line Insurance Group (LSE:DLG) Business Description

Address
Westmoreland Road, Churchill Court, Bromley, Kent, GBR, BR1 1DP
While Direct Line is one of the more focused personal lines insurers that we cover in Europe, it is still quite diversified. The business sells insurance under four divisions and those are personal lines motor, personal lines home, rescue and other personal lines, and commercial. Rescue and other personal lines include rescue, travel and pet insurance, and commercial insurance is sold to small and medium sized enterprises. Direct Line only sells insurance in United Kingdom. Direct Lines personal motor insurance division typically accounts for around 50% of total group gross written premium and the personal home insurance unit typically sells around 20%. Rescue and other personal lines account for around 10% and commercial insurance accounts for around 20%.

Direct Line Insurance Group (LSE:DLG) Headlines

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