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Globe Textiles (India) (NSE:GLOBE) Market Cap : ₹655 Mil (As of Apr. 25, 2024)


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What is Globe Textiles (India) 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). Globe Textiles (India)'s share price for the quarter that ended in Dec. 2023 was ₹3.23564. Globe Textiles (India)'s Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 185 Mil. Therefore, Globe Textiles (India)'s market cap for the quarter that ended in Dec. 2023 was ₹597 Mil.

Globe Textiles (India)'s quarterly market cap increased from Jun. 2023 (₹514 Mil) to Sep. 2023 (₹869 Mil) but then declined from Sep. 2023 (₹869 Mil) to Dec. 2023 (₹597 Mil).

Globe Textiles (India)'s annual market cap increased from Mar. 2021 (₹510 Mil) to Mar. 2022 (₹1,338 Mil) but then declined from Mar. 2022 (₹1,338 Mil) to Mar. 2023 (₹363 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. Globe Textiles (India)'s Enterprise Value for Today is ₹1,736 Mil.


Globe Textiles (India) Market Cap Historical Data

The historical data trend for Globe Textiles (India)'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.

Globe Textiles (India) Market Cap Chart

Globe Textiles (India) 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 349.14 261.98 509.85 1,337.60 362.74

Globe Textiles (India) Quarterly Data
Sep18 Mar19 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 687.69 362.74 513.88 869.06 597.01

Competitive Comparison of Globe Textiles (India)'s Market Cap

For the Textile Manufacturing subindustry, Globe Textiles (India)'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.


Globe Textiles (India)'s Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Globe Textiles (India)'s Market Cap distribution charts can be found below:

* The bar in red indicates where Globe Textiles (India)'s Market Cap falls into.



Globe Textiles (India) 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.

Globe Textiles (India)'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 )
=₹1.96596*184.51
=₹363

Globe Textiles (India)'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 )
=₹3.23564*184.51
=₹597

* 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.


Globe Textiles (India)  (NSE:GLOBE) 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.


Globe Textiles (India) Market Cap Related Terms

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Globe Textiles (India) (NSE:GLOBE) Business Description

Traded in Other Exchanges
N/A
Address
Ahmedabad Apparel Park, Plot No. 38 to 41, GIDC Khokhra, Ahmedabad, GJ, IND, 380008
Globe Textiles (India) Ltd manufactures, supplies, and trades textile and apparel products and services from fiber to fashion. The company products include Denim and Non-Denim Fabrics, Shirting Fabrics, Printed Fabrics, Home Textiles, Jeans, and Yarns. The company has its operations in India and outside India.

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