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). Munchener Ruckversicherungs-Gesellschaft AG's share price for the quarter that ended in Dec. 2023 was $412. Munchener Ruckversicherungs-Gesellschaft AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 135 Mil. Therefore, Munchener Ruckversicherungs-Gesellschaft AG's market cap for the quarter that ended in Dec. 2023 was $55,455 Mil.
Munchener Ruckversicherungs-Gesellschaft AG's quarterly market cap
increased
from Jun. 2023 ($50,665 Mil) to Sep. 2023 ($52,190 Mil) and
increased
from Sep. 2023 ($52,190 Mil) to Dec. 2023 ($55,455 Mil).
Munchener Ruckversicherungs-Gesellschaft AG's annual market cap
increased
from Dec. 2021 ($40,454 Mil) to Dec. 2022 ($44,332 Mil) and
increased
from Dec. 2022 ($44,332 Mil) to Dec. 2023 ($55,455 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. Munchener Ruckversicherungs-Gesellschaft AG's Enterprise Value for Today is $55,924 Mil.
Munchener Ruckversicherungs-Gesellschaft AG Market Cap Historical Data
The historical data trend for Munchener Ruckversicherungs-Gesellschaft AG'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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Munchener Ruckversicherungs-Gesellschaft AG Annual Data
For the Insurance - Reinsurance subindustry, Munchener Ruckversicherungs-Gesellschaft AG'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.
Munchener Ruckversicherungs-Gesellschaft AG Market Cap Distribution
For the Insurance industry and Financial Services sector, Munchener Ruckversicherungs-Gesellschaft AG's Market Cap distribution charts can be found below:
* The bar in red indicates where Munchener Ruckversicherungs-Gesellschaft AG's Market Cap falls into.
Munchener Ruckversicherungs-Gesellschaft AG 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.
Munchener Ruckversicherungs-Gesellschaft AG'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.
Munchener Ruckversicherungs-Gesellschaft AG (OTCPK:MURGF) 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.
Munchener Ruckversicherungs-Gesellschaft AG Market Cap Related Terms
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Munchener Ruckversicherungs-Gesellschaft AG (Munchener Ruckversicherungs-Gesellschaft AG) Business Description
Munich Re was founded in 1880 by Carl Thieme amid a flurry of other reinsurance companies set up independent of primaries. In those early days, most reinsurers typically focussed on a few customers with strong reputations. Thieme focussed on a broader set of cedents in order to drive stronger growth in premiums. This coincided with a strategy of risk diversification and a preference to partner rather than take on a one-sided transfer of risk. In the 1890s, Munich introduced the first machinery insurance. After Thieme and Fink founded Allianz, this was the main channel to sell insurance on machinery. We think the approach of partnering with insurers and preferring to avoid one-sided risk, in conjunction with combining inspection and insurance services, remains at the heart of the firm.
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