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Le Merite Exports (NSE:LEMERITE) Market Cap : ₹2,080 Mil (As of Jun. 05, 2024)


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What is Le Merite Exports 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). Le Merite Exports's share price for the quarter that ended in Mar. 2024 was ₹61.6. Le Merite Exports's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 24 Mil. Therefore, Le Merite Exports's market cap for the quarter that ended in Mar. 2024 was ₹1,463 Mil.

Le Merite Exports's quarterly market cap increased from Mar. 2023 (₹978 Mil) to Sep. 2023 (₹1,105 Mil) and increased from Sep. 2023 (₹1,105 Mil) to Mar. 2024 (₹1,463 Mil).

Le Merite Exports's annual market cap increased from Mar. 2022 (₹0 Mil) to Mar. 2023 (₹978 Mil) and increased from Mar. 2023 (₹978 Mil) to Mar. 2024 (₹1,453 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. Le Merite Exports's Enterprise Value for Today is ₹2,541 Mil.


Le Merite Exports Market Cap Historical Data

The historical data trend for Le Merite Exports'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.

Le Merite Exports Market Cap Chart

Le Merite Exports Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial - - - 977.98 1,452.77

Le Merite Exports Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only - 1,697.68 977.98 1,105.47 1,462.82

Competitive Comparison of Le Merite Exports's Market Cap

For the Textile Manufacturing subindustry, Le Merite Exports'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.


Le Merite Exports's Market Cap Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Le Merite Exports's Market Cap distribution charts can be found below:

* The bar in red indicates where Le Merite Exports's Market Cap falls into.



Le Merite Exports 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.

Le Merite Exports's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹61.6*23.584
=₹1,453

Le Merite Exports's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹61.6*23.747
=₹1,463

* 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.


Le Merite Exports  (NSE:LEMERITE) 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.


Le Merite Exports Market Cap Related Terms

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Le Merite Exports (NSE:LEMERITE) Business Description

Traded in Other Exchanges
N/A
Address
1 st Floor, Chandivali Farm Road, B1-104D, Boomerang, Powai, Andheri- East, Mumbai, MH, IND, 400072
Le Merite Exports Ltd is engaged in the manufacturing and trading of textile products namely cotton yarn, greige fabric, and finished fabric for domestic and export sales. The reportable segment for the Company is Textile Business.

Le Merite Exports (NSE:LEMERITE) Headlines

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