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). Rana Gruber ASA's share price for the quarter that ended in Mar. 2024 was kr78.8. Rana Gruber ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 37 Mil. Therefore, Rana Gruber ASA's market cap for the quarter that ended in Mar. 2024 was kr2,922 Mil.
Rana Gruber ASA's quarterly market cap
increased
from Sep. 2023 (kr2,188 Mil) to Dec. 2023 (kr2,963 Mil) but then
declined
from Dec. 2023 (kr2,963 Mil) to Mar. 2024 (kr2,922 Mil).
Rana Gruber ASA's annual market cap
increased
from Dec. 2021 (kr1,778 Mil) to Dec. 2022 (kr1,891 Mil) and
increased
from Dec. 2022 (kr1,891 Mil) to Dec. 2023 (kr2,963 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. Rana Gruber ASA's Enterprise Value for Today is kr2,691 Mil.
Rana Gruber ASA Market Cap Historical Data
The historical data trend for Rana Gruber ASA'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 Rana Gruber ASA's Market Cap
For the Steel subindustry, Rana Gruber ASA'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.
Rana Gruber ASA's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Rana Gruber ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Rana Gruber ASA's Market Cap falls into.
Rana Gruber ASA 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.
Rana Gruber ASA'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.
Rana Gruber ASA (OSL:RANA) 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.
Rana Gruber ASA Market Cap Related Terms
Thank you for viewing the detailed overview of Rana Gruber ASA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rana Gruber ASA is a sustainable iron ore producer in Norway. It is engaged in the excavating, processing and sale of iron oxide in the form of hematite, magnetite and iron oxide pigments. Hematite is used for iron and steel production in smelting plants in Europe and magnetite is used in industrial water purification processes. The iron ore production takes place at the group's iron ore deposits at Ortfjell as open-pit production and underground operation. It produces and sells iron ore concentrate, and mainly serves steel producers and participants in the chemical industry.The majority of revenue from contracts with customers arise from the sale of hematite products.
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