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). Chemed's share price for the quarter that ended in Dec. 2023 was $584.75. Chemed's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 15 Mil. Therefore, Chemed's market cap for the quarter that ended in Dec. 2023 was $8,792 Mil.
Chemed's quarterly market cap
declined
from Jun. 2023 ($8,167 Mil) to Sep. 2023 ($7,799 Mil) but then
increased
from Sep. 2023 ($7,799 Mil) to Dec. 2023 ($8,792 Mil).
Chemed's annual market cap
declined
from Dec. 2021 ($7,889 Mil) to Dec. 2022 ($7,593 Mil) but then
increased
from Dec. 2022 ($7,593 Mil) to Dec. 2023 ($8,792 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. Chemed's Enterprise Value for Today is $8,512 Mil.
Chemed Market Cap Historical Data
The historical data trend for Chemed'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.
For the Medical Care Facilities subindustry, Chemed'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.
Chemed's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Chemed's Market Cap distribution charts can be found below:
* The bar in red indicates where Chemed's Market Cap falls into.
Chemed 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.
Chemed's Market Cap for the fiscal year that ended in Dec. 2023 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.
Chemed (NYSE:CHE) 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.
Chemed Market Cap Related Terms
Thank you for viewing the detailed overview of Chemed's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Chemed Corp operates subsidiaries in two main segments: VITAS and Roto-Rooter. The VITAS segment generates the majority of the firm's revenue. It provides hospice and palliative-care services to patients with terminal illnesses through a network of physicians, registered nurses, home health aides, social workers, and volunteers. The vast majority of the segment's revenue is received from the Medicare and Medicaid reimbursement programs. The Roto-Rooter segment provides plumbing, drain cleaning, water restoration, and related services to residential and commercial customers. Chemed generates the majority of its revenue from business in the United States.
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