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). APL Apollo Tubes's share price for the quarter that ended in Mar. 2026 was ₹1937. APL Apollo Tubes's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 278 Mil. Therefore, APL Apollo Tubes's market cap for the quarter that ended in Mar. 2026 was ₹537,824 Mil.
APL Apollo Tubes's quarterly market cap
increased
from Sep. 2025 (₹468,122 Mil) to Dec. 2025 (₹531,395 Mil) and
increased
from Dec. 2025 (₹531,395 Mil) to Mar. 2026 (₹537,824 Mil).
APL Apollo Tubes's annual market cap
increased
from Mar. 2024 (₹415,164 Mil) to Mar. 2025 (₹423,295 Mil) and
increased
from Mar. 2025 (₹423,295 Mil) to Mar. 2026 (₹537,824 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. APL Apollo Tubes's Enterprise Value for Today is ₹487,011 Mil.
APL Apollo Tubes (NSE:APLAPOLLO) 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.
APL Apollo Tubes Market Cap Related Terms
APL Apollo Tubes Market Cap Historical Data
* Premium members only.
The historical data trend for APL Apollo Tubes'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.
NSE:APLAPOLLO vs NUE, STLD, RS: Market Cap Comparison
For the Steel subindustry, APL Apollo Tubes'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.
APL Apollo Tubes Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, APL Apollo Tubes's Market Cap distribution charts can be found below:
* The bar in red indicates where APL Apollo Tubes's Market Cap falls into.
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.
APL Apollo Tubes's Market Cap for the fiscal year that ended in Mar. 2026 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.
APL Apollo Tubes (NSE:APLAPOLLO) has a Market Cap of ₹500,993 Mil as of Jul. 07, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on APL Apollo Tubes and its competitors. According to the industry distribution chart, APL Apollo Tubes ranks #30 out of 640 companies in the Steel industry, placing it in the top 4.7%.
Is APL Apollo Tubes' Market Cap too high?
APL Apollo Tubes' current Market Cap is ₹500,993 Mil. Based on the distribution chart, APL Apollo Tubes ranks #30 out of 640 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, APL Apollo Tubes has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does APL Apollo Tubes' Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, APL Apollo Tubes ranks #30 out of 640 companies for Market Cap. This places APL Apollo Tubes in the top 5% of its industry — outperforming the majority of peers. The industry median Market Cap is 98.62. 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 a Steel company?
The median Market Cap among Steel companies is 98.62, based on 640 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. 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 APL Apollo Tubes and its competitors. For the Steel industry, the median Market Cap is 98.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APL Apollo Tubes's current Market Cap is ₹500,993 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APL Apollo Tubes stock overvalued right now?
Based on GuruFocus' analysis, APL Apollo Tubes (NSE:APLAPOLLO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,080.46, compared to a current price of ₹1,804.50 — trading 13.3% below its estimated fair value. The current Market Cap is ₹500,993 Mil. APL Apollo Tubes' overall GF Score™ is 97/100 with 1 warning sign 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 APL Apollo Tubes (NSE:APLAPOLLO), the current Market Cap is ₹500,993 Mil as of Jul. 07, 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 APL Apollo Tubes (NSE:APLAPOLLO) Overvalued in 2026?
Based on GuruFocus' analysis, APL Apollo Tubes stock appears to be undervalued.
The current stock price of ₹1,804.50 is trading 13.3% below its estimated GF Value™ of ₹2,080.46.
GuruFocus considers APL Apollo Tubes to be Modestly Undervalued.
Key valuation signals for NSE:APLAPOLLO:
Market Cap: ₹500,993 Mil
GF Value™: ₹2,080.46 vs. price of ₹1,804.50 (13.3% below fair value)
No single metric tells the full story. See the NSE:APLAPOLLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APL Apollo Tubes Ltd is a manufacturer of steel pipes and tubes. Its multi-product offerings include Pre- Galvanized Tubes, Structural Steel Tubes, Galvanized Tubes, MS Black Pipes and Hollow Sections. It operates in a single segment, which is the business of production of ERW steel tubes. Geographically, it operates only in India.
97GF Score
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