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). Sumitomo Mitsui Financial Group's share price for the quarter that ended in Mar. 2022 was $6.27. Sumitomo Mitsui Financial Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2022 was 6,854 Mil. Therefore, Sumitomo Mitsui Financial Group's market cap for the quarter that ended in Mar. 2022 was $42,975 Mil.
Sumitomo Mitsui Financial Group's quarterly market cap
declined
from Sep. 2021 ($48,047 Mil) to Dec. 2021 ($46,539 Mil) and
declined
from Dec. 2021 ($46,539 Mil) to Mar. 2022 ($42,975 Mil).
Sumitomo Mitsui Financial Group's annual market cap
increased
from Mar. 2020 ($32,800 Mil) to Mar. 2021 ($49,678 Mil) but then
declined
from Mar. 2021 ($49,678 Mil) to Mar. 2022 ($42,975 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. Sumitomo Mitsui Financial Group's Enterprise Value for Today is $-274,401 Mil.
Sumitomo Mitsui Financial Group Market Cap Historical Data
The historical data trend for Sumitomo Mitsui Financial Group'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.
* Premium members only.
Sumitomo Mitsui Financial Group Annual Data
Trend
Mar13
Mar14
Mar15
Mar16
Mar17
Mar18
Mar19
Mar20
Mar21
Mar22
Market Cap
59,948.72
49,055.34
32,800.15
49,678.02
42,975.21
Sumitomo Mitsui Financial Group Quarterly Data
Jun17
Sep17
Dec17
Mar18
Jun18
Sep18
Dec18
Mar19
Jun19
Sep19
Dec19
Mar20
Jun20
Sep20
Dec20
Mar21
Jun21
Sep21
Dec21
Mar22
Market Cap
49,678.02
47,213.59
48,047.45
46,539.14
42,975.21
Competitive Comparison
For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group'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.
Sumitomo Mitsui Financial Group Market Cap Distribution
For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Sumitomo Mitsui Financial Group's Market Cap falls into.
Sumitomo Mitsui Financial Group 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.
Sumitomo Mitsui Financial Group's Market Cap for the fiscal year that ended in Mar. 2022 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.
Sumitomo Mitsui Financial Group (NYSE:SMFG) 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.
Sumitomo Mitsui Financial Group Market Cap Related Terms
Thank you for viewing the detailed overview of Sumitomo Mitsui Financial Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sumitomo Mitsui Financial Group Business Description
Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second- largest bank after Mitsubishi UFJ Financial Group. As of March 2021, its market share of domestic loans was 7.0%, compared with 8.5% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third- largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management, areas that it is working on strengthening.
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