Subex (NSE:SUBEXLTD) Market Cap: ₹7,313 Mil (As of Jul. 19, 2026)

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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.

NSE:SUBEXLTD Subex Ltd NSE:SUBEXLTD
67 GF Score
Price ₹13.27
GF Value ₹22.51
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Subex Market Cap?

Subex NSE:SUBEXLTD -0.45% 67 Market Cap is ₹7,313 Mil as of Jul. 19, 2026. GuruFocus rates NSE:SUBEXLTD with a GF Score™ of 67/100 and a GF Value™ of ₹22.51 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,937 Software companies, Subex ranks better than 52.43% 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). Subex's share price for the quarter that ended in Mar. 2026 was ₹6.68. Subex's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 555 Mil. Therefore, Subex's market cap for the quarter that ended in Mar. 2026 was ₹3,706 Mil.

Subex's quarterly market cap declined from Sep. 2025 (₹6,631 Mil) to Dec. 2025 (₹6,275 Mil) and declined from Dec. 2025 (₹6,275 Mil) to Mar. 2026 (₹3,706 Mil).

Subex's annual market cap declined from Mar. 2024 (₹16,654 Mil) to Mar. 2025 (₹6,762 Mil) and declined from Mar. 2025 (₹6,762 Mil) to Mar. 2026 (₹3,706 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. Subex's Enterprise Value for Today is ₹5,936 Mil.


Subex  (NSE:SUBEXLTD) 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.


Subex Market Cap Related Terms


Subex Market Cap Historical Data

* Premium members only.

The historical data trend for Subex'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.

Subex Market Cap Chart

Subex Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,665.43 15,645.33 16,654.49 6,761.56 3,706.43

Subex 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 6,761.56 7,851.20 6,630.52 6,275.41 3,706.43

NSE:SUBEXLTD vs UBER, SHOP, CRM: Market Cap Comparison

For the Software - Application subindustry, Subex'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.


Subex Market Cap vs Software Industry

For the Software industry and Technology sector, Subex's Market Cap distribution charts can be found below:

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


NSE:SUBEXLTD
67GF Score
Subex Ltd NSE:SUBEXLTD
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Subex 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.

Subex's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as

Market Cap (A: Mar. 2026 )=Share Price (A: Mar. 2026 )*Shares Outstanding (EOP) (A: Mar. 2026 )
=₹6.68*554.855
=₹3,706

Subex'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 )
=₹6.68*554.855
=₹3,706

* 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 ₹7,313 Mil mean?
Subex (NSE:SUBEXLTD) has a Market Cap of ₹7,313 Mil as of Jul. 19, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Subex and its competitors. According to the industry distribution chart, Subex ranks #1397 out of 2937 companies in the Software industry, placing it in the top 47.6%.
Is Subex's Market Cap too high?
Subex's current Market Cap is ₹7,313 Mil. Based on the distribution chart, Subex ranks #1397 out of 2937 companies in the Software industry, which is above the industry midpoint. Overall, Subex has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Subex's Market Cap compare to UBER and SHOP?
According to the Software industry distribution chart, Subex ranks #1397 out of 2937 companies for Market Cap. This puts Subex in the upper half of its industry. The industry median Market Cap is 66.34. 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 Software company?
The median Market Cap among Software companies is 66.34, based on 2,937 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 Subex and its competitors. For the Software industry, the median Market Cap is 66.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Subex's current Market Cap is ₹7,313 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Subex stock overvalued right now?
Based on GuruFocus' analysis, Subex (NSE:SUBEXLTD) is currently considered Possible Value Trap. The stock's GF Value™ is ₹22.51, compared to a current price of ₹13.27 — trading 41% below its estimated fair value. The current Market Cap is ₹7,313 Mil. Subex's overall GF Score™ is 67/100 with 6 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 Subex (NSE:SUBEXLTD), the current Market Cap is ₹7,313 Mil as of Jul. 19, 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 Subex (NSE:SUBEXLTD) Overvalued in 2026?

Based on GuruFocus' analysis, Subex stock appears to be undervalued. The current stock price of ₹13.27 is trading 41% below its estimated GF Value™ of ₹22.51. GuruFocus considers Subex to be Possible Value Trap.

Key valuation signals for NSE:SUBEXLTD:

  • Market Cap: ₹7,313 Mil
  • GF Value™: ₹22.51 vs. price of ₹13.27 (41% below fair value)
  • GF Score™: 67/100 with 6 warning signs

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


Subex Business Description

Other Exchanges 532348:India
Address Outer Ring Road, Block-9, 4th Floor, B Wing, Survey No. 51 to 64/4, Pritech Park-SEZ, Bellandur Village, Varthur Hobli, Bangalore, KA, IND, 560103
Subex Ltd is an Indian-based company providing telecom AI solutions. The company offers managed and business consulting services. The company enables Communications Service Providers (CSPs) to provide good digital connections for customers. The product portfolio of the company includes ROC revenue assurance, ROC fraud management, Enterprise Asset Management, Partner Management, and others. Geographically, the company generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA).
67GF Score

Get the complete analysis for NSE:SUBEXLTD

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

₹13.27
Price
₹22.51
GF Value