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Romsdal Sparebank (OSL:ROMSB) Market Cap : kr303.7 Mil (As of May. 13, 2024)


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What is Romsdal Sparebank Market Cap?

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). Romsdal Sparebank's share price for the quarter that ended in Dec. 2023 was kr119. Romsdal Sparebank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2.0 Mil. Therefore, Romsdal Sparebank's market cap for the quarter that ended in Dec. 2023 was kr241.5 Mil.

Romsdal Sparebank's quarterly market cap declined from Jun. 2023 (kr257.4 Mil) to Sep. 2023 (kr253.4 Mil) and declined from Sep. 2023 (kr253.4 Mil) to Dec. 2023 (kr241.5 Mil).

Romsdal Sparebank's annual market cap increased from Dec. 2021 (kr251.5 Mil) to Dec. 2022 (kr261.3 Mil) but then declined from Dec. 2022 (kr261.3 Mil) to Dec. 2023 (kr241.5 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. Romsdal Sparebank's Enterprise Value for Today is kr1,546.0 Mil.


Romsdal Sparebank Market Cap Historical Data

The historical data trend for Romsdal Sparebank'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.

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Romsdal Sparebank Market Cap Chart

Romsdal Sparebank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 235.76 251.48 261.31 241.52

Romsdal Sparebank Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 261.31 263.27 257.38 253.44 241.52

Competitive Comparison of Romsdal Sparebank's Market Cap

For the Financial Conglomerates subindustry, Romsdal Sparebank'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.


Romsdal Sparebank's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Romsdal Sparebank's Market Cap distribution charts can be found below:

* The bar in red indicates where Romsdal Sparebank's Market Cap falls into.



Romsdal Sparebank 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.

Romsdal Sparebank's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=kr119*2.02962
=kr241.5

Romsdal Sparebank's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=kr119*2.02962
=kr241.5

* 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.


Romsdal Sparebank  (OSL:ROMSB) 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.


Romsdal Sparebank Market Cap Related Terms

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Romsdal Sparebank (OSL:ROMSB) Business Description

Traded in Other Exchanges
N/A
Address
Torget 14, Elnesvagen, NOR, 6440
Romsdal Sparebank offers comprehensive banking and insurance solutions for both retail and corporate customers. The company's services include mobile banking, online banking, bank cards, overseas payments, car loans, mortgage, loans for other vehicles, small loans and refinancing, fund savings, retirement savings, among others.

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