GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » LIC Housing Finance Ltd (LUX:LICHS) » Definitions » Market Cap

LIC Housing Finance (LUX:LICHS) Market Cap : $3,933 Mil (As of May. 11, 2024)


View and export this data going back to 2004. Start your Free Trial

What is LIC Housing Finance 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). LIC Housing Finance's share price for the quarter that ended in Dec. 2023 was $12.9. LIC Housing Finance's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 275 Mil. Therefore, LIC Housing Finance's market cap for the quarter that ended in Dec. 2023 was $3,548 Mil.

LIC Housing Finance's quarterly market cap increased from Jun. 2023 ($2,627 Mil) to Sep. 2023 ($3,080 Mil) and increased from Sep. 2023 ($3,080 Mil) to Dec. 2023 ($3,548 Mil).

LIC Housing Finance's annual market cap declined from Mar. 2021 ($2,952 Mil) to Mar. 2022 ($2,599 Mil) and declined from Mar. 2022 ($2,599 Mil) to Mar. 2023 ($2,200 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. LIC Housing Finance's Enterprise Value for Today is $31,646 Mil.


LIC Housing Finance Market Cap Historical Data

The historical data trend for LIC Housing Finance'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.

LIC Housing Finance Market Cap Chart

LIC Housing Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,911.13 1,577.07 2,952.27 2,599.04 2,200.25

LIC Housing Finance 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 2,750.31 2,200.25 2,626.55 3,080.35 3,547.90

Competitive Comparison of LIC Housing Finance's Market Cap

For the Mortgage Finance subindustry, LIC Housing Finance'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.


LIC Housing Finance's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LIC Housing Finance's Market Cap distribution charts can be found below:

* The bar in red indicates where LIC Housing Finance's Market Cap falls into.



LIC Housing Finance 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.

LIC Housing Finance's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=$8*275.031
=$2,200

LIC Housing Finance'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 )
=$12.9*275.031
=$3,548

* 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.


LIC Housing Finance  (LUX:LICHS) 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.


LIC Housing Finance Market Cap Related Terms

Thank you for viewing the detailed overview of LIC Housing Finance's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


LIC Housing Finance (LUX:LICHS) Business Description

Traded in Other Exchanges
Address
131 Maker Tower, F Premises, 13th Floor, Cuffe Parade, Mumbai, MH, IND, 400 005
LIC Housing Finance Ltd is a housing finance company that provides loans, primarily in India. Its main objective is to provide long-term finance to individuals for residential purchases or construction. LIC Housing provides a wide range of loan products to individuals and also provides commercial financing for corporations and building developers. These activities include senior housing, marketing of financial services, and investment management.

LIC Housing Finance (LUX:LICHS) Headlines

No Headlines