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). Fortune Valley Treasures's share price for the quarter that ended in Dec. 2023 was $2.5. Fortune Valley Treasures's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 15.66 Mil. Therefore, Fortune Valley Treasures's market cap for the quarter that ended in Dec. 2023 was $39.14 Mil.
Fortune Valley Treasures's quarterly market cap
declined
from Jun. 2023 ($61.05 Mil) to Sep. 2023 ($28.96 Mil) but then
increased
from Sep. 2023 ($28.96 Mil) to Dec. 2023 ($39.14 Mil).
Fortune Valley Treasures's annual market cap
declined
from Dec. 2021 ($86.10 Mil) to Dec. 2022 ($67.00 Mil) and
declined
from Dec. 2022 ($67.00 Mil) to Dec. 2023 ($39.14 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. Fortune Valley Treasures's Enterprise Value for Today is $16.52 Mil.
Fortune Valley Treasures Market Cap Historical Data
The historical data trend for Fortune Valley Treasures'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 Fortune Valley Treasures's Market Cap
For the Beverages - Wineries & Distilleries subindustry, Fortune Valley Treasures'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.
Fortune Valley Treasures's Market Cap Distribution in the Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Fortune Valley Treasures's Market Cap distribution charts can be found below:
* The bar in red indicates where Fortune Valley Treasures's Market Cap falls into.
Fortune Valley Treasures 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.
Fortune Valley Treasures'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.
Fortune Valley Treasures (OTCPK:FVTI) 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.
Fortune Valley Treasures Market Cap Related Terms
Thank you for viewing the detailed overview of Fortune Valley Treasures's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortune Valley Treasures (Fortune Valley Treasures) Business Description
Fortune Valley Treasures Inc is engaged in operations of wholesale distribution and retail sales of food and beverage products in the People's Republic of China. The company is into acquiring businesses that are in the food, beverage, and alcohol industries. Its products include a variety of wines, such as dry red wine, dry white wine, rose wine, and sweet wine, and other products. Its products are sold to retailers, such as wine shops, convenience stores, and supermarkets.
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