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). Group 1 Automotive's share price for the quarter that ended in Dec. 2023 was $304.74. Group 1 Automotive's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 14 Mil. Therefore, Group 1 Automotive's market cap for the quarter that ended in Dec. 2023 was $4,170 Mil.
Group 1 Automotive's quarterly market cap
increased
from Jun. 2023 ($3,627 Mil) to Sep. 2023 ($3,714 Mil) and
increased
from Sep. 2023 ($3,714 Mil) to Dec. 2023 ($4,170 Mil).
Group 1 Automotive's annual market cap
declined
from Dec. 2021 ($3,353 Mil) to Dec. 2022 ($2,578 Mil) but then
increased
from Dec. 2022 ($2,578 Mil) to Dec. 2023 ($4,170 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. Group 1 Automotive's Enterprise Value for Today is $7,613 Mil.
Group 1 Automotive Market Cap Historical Data
The historical data trend for Group 1 Automotive'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.
Competitive Comparison of Group 1 Automotive's Market Cap
For the Auto & Truck Dealerships subindustry, Group 1 Automotive'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.
Group 1 Automotive's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Group 1 Automotive's Market Cap distribution charts can be found below:
* The bar in red indicates where Group 1 Automotive's Market Cap falls into.
Group 1 Automotive 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.
Group 1 Automotive'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.
Group 1 Automotive (NYSE:GPI) 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.
Group 1 Automotive Market Cap Related Terms
Thank you for viewing the detailed overview of Group 1 Automotive's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Group 1 Automotive (Group 1 Automotive) Business Description
Group 1 owns and operates 41 collision centers and 201 automotive dealerships in the U.S. and the U.K., offering 35 brands of automobiles altogether. About 150 of the stores are in the U.S. with locations mostly in metropolitan areas in 17 states in the Northeast, Southeast, Midwest, and California. Texas alone contributed 37% of new-vehicle unit volume in 2022 and the U.K. about 19%. Texas, Oklahoma, and Massachusetts combined were about 53%. Revenue in 2022 totaled $16.2 billion. The company was founded in 1995 and is based in Houston.
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