RaySearch Laboratories AB (OSTO:RAY B) Market Cap: kr6,031 Mil (As of Jul. 21, 2026)

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OSTO:RAY B RaySearch Laboratories AB OSTO:RAY B
91 GF Score
Price kr177.90
GF Value kr193.00
Valuation Fairly Valued
! 2 Warning Signs
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What is RaySearch Laboratories AB Market Cap?

RaySearch Laboratories AB OSTO:RAY B +2.01% 91 Market Cap is kr6,031 Mil as of Jul. 21, 2026. GuruFocus rates OSTO:RAY B with a GF Score™ of 91/100 and a GF Value™ of kr193.00 (Fairly Valued). The stock has 2 warning signs investors should review. Among 695 Healthcare Providers & Services companies, RaySearch Laboratories AB ranks better than 74.39% on this metric.

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). RaySearch Laboratories AB's share price for the quarter that ended in Mar. 2026 was kr191.4. RaySearch Laboratories AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 34 Mil. Therefore, RaySearch Laboratories AB's market cap for the quarter that ended in Mar. 2026 was kr6,562 Mil.

RaySearch Laboratories AB's quarterly market cap declined from Sep. 2025 (kr8,639 Mil) to Dec. 2025 (kr7,817 Mil) and declined from Dec. 2025 (kr7,817 Mil) to Mar. 2026 (kr6,562 Mil).

RaySearch Laboratories AB's annual market cap increased from Dec. 2023 (kr3,096 Mil) to Dec. 2024 (kr7,405 Mil) and increased from Dec. 2024 (kr7,405 Mil) to Dec. 2025 (kr7,817 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. RaySearch Laboratories AB's Enterprise Value for Today is kr5,969 Mil.


RaySearch Laboratories AB  (OSTO:RAY B) 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.


RaySearch Laboratories AB Market Cap Related Terms


RaySearch Laboratories AB Market Cap Historical Data

* Premium members only.

The historical data trend for RaySearch Laboratories AB'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.

RaySearch Laboratories AB Market Cap Chart

RaySearch Laboratories AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,936.99 2,331.24 3,095.75 7,405.13 7,816.52

RaySearch Laboratories AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 7,713.68 11,484.81 8,639.32 7,816.52 6,561.77

OSTO:RAY B vs VEEV, BTSG, TEM: Market Cap Comparison

For the Health Information Services subindustry, RaySearch Laboratories AB'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.


RaySearch Laboratories AB Market Cap vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, RaySearch Laboratories AB's Market Cap distribution charts can be found below:

* The bar in red indicates where RaySearch Laboratories AB's Market Cap falls into.


OSTO:RAY B
91GF Score
RaySearch Laboratories AB OSTO:RAY B
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
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RaySearch Laboratories AB 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.

RaySearch Laboratories AB's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as

Market Cap (A: Dec. 2025 )=Share Price (A: Dec. 2025 )*Shares Outstanding (EOP) (A: Dec. 2025 )
=kr228*34.283
=kr7,817

RaySearch Laboratories AB's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=kr191.4*34.283
=kr6,562

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of kr6,031 Mil mean?
RaySearch Laboratories AB (OSTO:RAY B) has a Market Cap of kr6,031 Mil as of Jul. 21, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on RaySearch Laboratories AB and its competitors. According to the industry distribution chart, RaySearch Laboratories AB ranks #178 out of 695 companies in the Healthcare Providers & Services industry, placing it in the top 25.6%.
Is RaySearch Laboratories AB's Market Cap too high?
RaySearch Laboratories AB's current Market Cap is kr6,031 Mil. Based on the distribution chart, RaySearch Laboratories AB ranks #178 out of 695 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, RaySearch Laboratories AB has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does RaySearch Laboratories AB's Market Cap compare to VEEV and BTSG?
According to the Healthcare Providers & Services industry distribution chart, RaySearch Laboratories AB ranks #178 out of 695 companies for Market Cap. This puts RaySearch Laboratories AB in the upper half of its industry. The industry median Market Cap is 103.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Healthcare Providers & Services company?
The median Market Cap among Healthcare Providers & Services companies is 103.63, based on 695 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on RaySearch Laboratories AB and its competitors. For the Healthcare Providers & Services industry, the median Market Cap is 103.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. RaySearch Laboratories AB's current Market Cap is kr6,031 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RaySearch Laboratories AB stock overvalued right now?
Based on GuruFocus' analysis, RaySearch Laboratories AB (OSTO:RAY B) is currently considered Fairly Valued. The stock's GF Value™ is kr193.00, compared to a current price of kr177.90 — trading 7.8% below its estimated fair value. The current Market Cap is kr6,031 Mil. RaySearch Laboratories AB's overall GF Score™ is 91/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For RaySearch Laboratories AB (OSTO:RAY B), the current Market Cap is kr6,031 Mil as of Jul. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is RaySearch Laboratories AB (OSTO:RAY B) Overvalued in 2026?

Based on GuruFocus' analysis, RaySearch Laboratories AB stock appears to be undervalued. The current stock price of kr177.90 is trading 7.8% below its estimated GF Value™ of kr193.00. GuruFocus considers RaySearch Laboratories AB to be Fairly Valued.

Key valuation signals for OSTO:RAY B:

  • Market Cap: kr6,031 Mil
  • GF Value™: kr193.00 vs. price of kr177.90 (7.8% below fair value)
  • GF Score™: 91/100 with 2 warning signs

No single metric tells the full story. See the OSTO:RAY B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


RaySearch Laboratories AB Business Description

Address Eugeniavagen 18C, Stockholm, SWE, 113 68
RaySearch Laboratories AB is a Sweden-based medical technology company. The company develops software solutions for improved cancer treatment. The company develops and markets the RayStation treatment planning system and RayCare oncology information system to clinics all over the world and distributes products through licensing agreements with medical technology companies. Its geographic segments consist of the Americas, Asia-Pacific & Middle East, Europe, and the rest of world.
91GF Score

Get the complete analysis for OSTO:RAY B

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr177.90
Price
kr193.00
GF Value