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). Penumbra's share price for the quarter that ended in Dec. 2023 was $251.54. Penumbra's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 39 Mil. Therefore, Penumbra's market cap for the quarter that ended in Dec. 2023 was $9,730 Mil.
Penumbra's quarterly market cap
declined
from Jun. 2023 ($13,214 Mil) to Sep. 2023 ($9,331 Mil) but then
increased
from Sep. 2023 ($9,331 Mil) to Dec. 2023 ($9,730 Mil).
Penumbra's annual market cap
declined
from Dec. 2021 ($10,797 Mil) to Dec. 2022 ($8,478 Mil) but then
increased
from Dec. 2022 ($8,478 Mil) to Dec. 2023 ($9,730 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. Penumbra's Enterprise Value for Today is $7,928 Mil.
Penumbra Market Cap Historical Data
The historical data trend for Penumbra'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 Devices subindustry, Penumbra'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.
Penumbra's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Penumbra's Market Cap distribution charts can be found below:
* The bar in red indicates where Penumbra's Market Cap falls into.
Penumbra 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.
Penumbra'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.
Penumbra (NYSE:PEN) 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.
Penumbra Market Cap Related Terms
Thank you for viewing the detailed overview of Penumbra's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Penumbra Inc develops and manufactures medical devices for the neurovascular and peripheral vascular markets. Its products are primarily sold to hospitals and are developed for use by specialist physicians. The neurovascular product category contributes to the majority of revenue. Within the neurovascular business, the firm offers products for neurovascular access, ischemic stroke, neurovascular embolization, and neurosurgical tool markets. In the peripheral vascular business, the firm sells devices related to peripheral embolization and peripheral thrombectomy. Penumbra generates the majority of its revenue in the United States.
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