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). Everest Group's share price for the quarter that ended in Dec. 2023 was $353.58. Everest Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 43 Mil. Therefore, Everest Group's market cap for the quarter that ended in Dec. 2023 was $15,342 Mil.
Everest Group's quarterly market cap
increased
from Jun. 2023 ($14,837 Mil) to Sep. 2023 ($16,130 Mil) but then
declined
from Sep. 2023 ($16,130 Mil) to Dec. 2023 ($15,342 Mil).
Everest Group's annual market cap
increased
from Dec. 2021 ($10,756 Mil) to Dec. 2022 ($12,953 Mil) and
increased
from Dec. 2022 ($12,953 Mil) to Dec. 2023 ($15,342 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. Everest Group's Enterprise Value for Today is $17,849 Mil.
Everest Group Market Cap Historical Data
The historical data trend for Everest 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.
Competitive Comparison of Everest Group's Market Cap
For the Insurance - Reinsurance subindustry, Everest 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.
Everest Group's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Everest Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Everest Group's Market Cap falls into.
Everest 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.
Everest Group'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.
Everest Group (NYSE:EG) 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.
Everest Group Market Cap Related Terms
Thank you for viewing the detailed overview of Everest Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Everest Group (Everest Group) Business Description
Everest Group Ltd is engaged in providing insurance services in the U.S., Bermuda, and international markets. It operates in Reinsurance and Insurance business. The Reinsurance operation writes property and casualty reinsurance and specialty lines of business, on both a treaty and facultative basis, through reinsurance brokers, as well as directly with ceding companies. The Insurance operation writes property and casualty insurance directly and through brokers, surplus lines brokers, and general agents within the U.S., Bermuda, Canada, Europe, and South America.
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