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Pioneer Floating Rate Trust Market Cap

: $248.12 Mil (As of Today)
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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). Pioneer Floating Rate Trust's share price for the quarter that ended in May. 2020 was $8.97. Pioneer Floating Rate Trust's Shares Outstanding (EOP) for the quarter that ended in May. 2020 was 24.74 Mil. Therefore, Pioneer Floating Rate Trust's market cap for the quarter that ended in May. 2020 was $221.90 Mil.

Pioneer Floating Rate Trust's quarterly market cap increased from May. 2019 ($255.05 Mil) to Nov. 2019 ($260.49 Mil) but then declined from Nov. 2019 ($260.49 Mil) to May. 2020 ($221.90 Mil).

Pioneer Floating Rate Trust's annual market cap declined from Nov. 2017 ($283.75 Mil) to Nov. 2018 ($257.28 Mil) but then increased from Nov. 2018 ($257.28 Mil) to Nov. 2019 ($260.49 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. Pioneer Floating Rate Trust's Enterprise Value for Today is $349.41 Mil.


Pioneer Floating Rate Trust Market Cap Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Pioneer Floating Rate Trust Annual Data
Nov17 Nov18 Nov19
Market Cap 283.75 257.28 260.49

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Market Cap Premium Member Only 281.77 257.28 255.05 260.49 221.90

Competitive Comparison
* 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.


Pioneer Floating Rate Trust Market Cap Distribution

* The bar in red indicates where Pioneer Floating Rate Trust's Market Cap falls into.



Pioneer Floating Rate Trust 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.

Pioneer Floating Rate Trust's Market Cap for the fiscal year that ended in Nov. 2019 is calculated as

Market Cap (A: Nov. 2019 )=Share Price (A: Nov. 2019 )*Shares Outstanding (EOP) (A: Nov. 2019 )
=$10.53*24.7382
=$260.49

Pioneer Floating Rate Trust's Market Cap for the quarter that ended in May. 2020 is calculated as

Market Cap (Q: May. 2020 )=Share Price (Q: May. 2020 )*Shares Outstanding (EOP) (Q: May. 2020 )
=$8.97*24.7382
=$221.90

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Pioneer Floating Rate Trust  (NYSE:PHD) 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.


Pioneer Floating Rate Trust Market Cap Related Terms


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