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). Virgin Money UK's share price for the quarter that ended in Sep. 2023 was £1.6835. Virgin Money UK's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 1,345 Mil. Therefore, Virgin Money UK's market cap for the quarter that ended in Sep. 2023 was £2,264 Mil.
Virgin Money UK's quarterly market cap
increased
from Sep. 2022 (£1,751 Mil) to Mar. 2023 (£1,994 Mil) and
increased
from Mar. 2023 (£1,994 Mil) to Sep. 2023 (£2,264 Mil).
Virgin Money UK's annual market cap
declined
from Sep. 2021 (£2,943 Mil) to Sep. 2022 (£1,751 Mil) but then
increased
from Sep. 2022 (£1,751 Mil) to Sep. 2023 (£2,264 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. Virgin Money UK's Enterprise Value for Today is £6,846 Mil.
Virgin Money UK Market Cap Historical Data
The historical data trend for Virgin Money UK'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 Virgin Money UK's Market Cap
For the Banks - Regional subindustry, Virgin Money UK'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.
Virgin Money UK's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Virgin Money UK's Market Cap distribution charts can be found below:
* The bar in red indicates where Virgin Money UK's Market Cap falls into.
Virgin Money UK 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.
Virgin Money UK's Market Cap for the fiscal year that ended in Sep. 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.
Virgin Money UK (LSE:VMUK) 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.
Virgin Money UK Market Cap Related Terms
Thank you for viewing the detailed overview of Virgin Money UK's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Virgin Money UK was formed through the merger between CYBG PLC and Virgin Money. After being divested by National Australia Bank in 2016, CYBG went through a restructuring and recapitalization process, with mortgages accounting for around 75% of its loan book. Following CYBG's merger with Virgin Money, the loan book has been reshaped again, with mortgages now accounting for 79% of total loans, personal loans around 9%, and SME and business loans around 12%.
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