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). The OLB Group's share price for the quarter that ended in Dec. 2023 was $1.06. The OLB Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 15.22 Mil. Therefore, The OLB Group's market cap for the quarter that ended in Dec. 2023 was $16.13 Mil.
The OLB Group's quarterly market cap
declined
from Jun. 2023 ($13.85 Mil) to Sep. 2023 ($11.09 Mil) but then
increased
from Sep. 2023 ($11.09 Mil) to Dec. 2023 ($16.13 Mil).
The OLB Group's annual market cap
declined
from Dec. 2021 ($31.76 Mil) to Dec. 2022 ($12.65 Mil) but then
increased
from Dec. 2022 ($12.65 Mil) to Dec. 2023 ($16.13 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. The OLB Group's Enterprise Value for Today is $6.49 Mil.
The OLB Group Market Cap Historical Data
The historical data trend for The OLB 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.
Competitive Comparison of The OLB Group's Market Cap
For the Software - Infrastructure subindustry, The OLB 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.
The OLB Group's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, The OLB Group's Market Cap distribution charts can be found below:
* The bar in red indicates where The OLB Group's Market Cap falls into.
The OLB 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.
The OLB Group'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.
The OLB Group (NAS:OLB) 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.
The OLB Group Market Cap Related Terms
Thank you for viewing the detailed overview of The OLB Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
The OLB Group (The OLB Group) Business Description
The OLB Group Inc is a diversified fintech e-commerce merchant services provider and Bitcoin crypto mining enterprise. It is a payment facilitator and e-commerce service provider that delivers cloud-based merchant services for Web-based and brick-and-mortar organizations by providing an end-to-end digital commerce solution includes site design, hosting, transaction processing and payment gateway, order fulfillment, customer service, marketing, and sales reporting. The company generates maximum revenue from Fintech services segment.
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