NOAH (Noah Holdings) Market Cap: $588.3 Mil (As of Jul. 24, 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NOAH Noah Holdings Ltd NOAH
73 GF Score
Price $8.57
GF Value $11.20
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Noah Holdings Market Cap?

Noah Holdings NOAH -0.81% 73 Market Cap is $588.3 Mil as of Jul. 24, 2026. GuruFocus rates NOAH with a GF Score™ of 73/100 and a GF Value™ of $11.20 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,663 Asset Management companies, Noah Holdings ranks better than 71.68% on this metric.

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). Noah Holdings's share price for the quarter that ended in Mar. 2026 was $9.9. Noah Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 65.4 Mil. Therefore, Noah Holdings's market cap for the quarter that ended in Mar. 2026 was $647.9 Mil.

Noah Holdings's quarterly market cap declined from Sep. 2025 ($763.2 Mil) to Dec. 2025 ($669.4 Mil) and declined from Dec. 2025 ($669.4 Mil) to Mar. 2026 ($647.9 Mil).

Noah Holdings's annual market cap declined from Dec. 2023 ($924.2 Mil) to Dec. 2024 ($773.8 Mil) and declined from Dec. 2024 ($773.8 Mil) to Dec. 2025 ($669.4 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. Noah Holdings's Enterprise Value for Today is $-146.1 Mil.


Noah Holdings  (NYSE:NOAH) 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.


Noah Holdings Market Cap Related Terms


Noah Holdings Market Cap Historical Data

* Premium members only.

The historical data trend for Noah Holdings'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.

Noah Holdings Market Cap Chart

Noah Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,386.94 970.36 924.22 773.79 669.41

Noah Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 628.09 786.02 763.25 669.41 647.93

NOAH vs BHK, MUJ, BOE: Market Cap Comparison

For the Asset Management subindustry, Noah Holdings'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.


Noah Holdings Market Cap vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's Market Cap distribution charts can be found below:

* The bar in red indicates where Noah Holdings's Market Cap falls into.


NOAH
73GF Score
Noah Holdings Ltd NOAH
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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Noah Holdings 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.

Noah Holdings's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=$10.04*66.674
=$669.4

Noah Holdings's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$9.9*65.447
=$647.9

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $588.3 Mil mean?
Noah Holdings (NOAH) has a Market Cap of $588.3 Mil as of Jul. 24, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Noah Holdings and its competitors. According to the industry distribution chart, Noah Holdings ranks #471 out of 1663 companies in the Asset Management industry, placing it in the top 28.3%.
Is Noah Holdings' Market Cap too high?
Noah Holdings' current Market Cap is $588.3 Mil. The Asset Management industry median Market Cap is 195.28. Noah Holdings' value of $588.3 Mil is 201.3% above this industry median. Based on the distribution chart, Noah Holdings ranks #471 out of 1663 companies in the Asset Management industry, which is above the industry midpoint. Overall, Noah Holdings has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Noah Holdings' Market Cap compare to BHK and MUJ?
According to the Asset Management industry distribution chart, Noah Holdings ranks #471 out of 1663 companies for Market Cap. This puts Noah Holdings in the upper half of its industry. The industry median Market Cap is 195.28. Noah Holdings' value of $588.3 Mil is 201.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 195.28, based on 1,663 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Noah Holdings's current Market Cap of $588.3 Mil is 201.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Noah Holdings and its competitors. For the Asset Management industry, the median Market Cap is 195.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noah Holdings's current Market Cap is $588.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noah Holdings stock overvalued right now?
Based on GuruFocus' analysis, Noah Holdings (NOAH) is currently considered Modestly Undervalued. The stock's GF Value™ is $11.20, compared to a current price of $8.57 — trading 23.5% below its estimated fair value. The current Market Cap is $588.3 Mil and 201.3% above the Asset Management industry median of 195.28. Noah Holdings' overall GF Score™ is 73/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Noah Holdings (NOAH), the current Market Cap is $588.3 Mil as of Jul. 24, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Noah Holdings (NOAH) Overvalued in 2026?

Based on GuruFocus' analysis, Noah Holdings stock appears to be undervalued. The current stock price of $8.57 is trading 23.5% below its estimated GF Value™ of $11.20. GuruFocus considers Noah Holdings to be Modestly Undervalued.

Key valuation signals for NOAH:

  • Market Cap: $588.3 Mil
  • GF Value™: $11.20 vs. price of $8.57 (23.5% below fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 201.3% above the Asset Management median (#471 of 1663)

No single metric tells the full story. See the NOAH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Noah Holdings Business Description

Other Exchanges 06686:Hong Kong6NO2:Germany
Address No. 1226 South Shenbin Road, Noah Wealth Center, Minhang District, Shanghai, CHN, 200090
Noah Holdings Ltd is a wealth management service provider offering comprehensive advisory services on investment and asset allocation, mainly for Mandarin-speaking high-net-worth (HNW) investors. The company's operating segments are Domestic public securities, Domestic asset management, Domestic insurance, Overseas wealth management, Overseas asset management, Overseas insurance and comprehensive services, and Headquarters. Maximum revenue is generated from its Domestic asset management business, which manages private equity funds, real estate equity funds, and private secondary products. The domestic asset management operations focus on managing primary market exits and cross-border ETF products in the secondary market. Geographically, it derives maximum revenue from Mainland China.
73GF Score

Get the complete analysis for NOAH

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.57
Price
$11.20
GF Value