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). Great-West Lifeco's share price for the quarter that ended in Dec. 2023 was $33.12. Great-West Lifeco's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 932 Mil. Therefore, Great-West Lifeco's market cap for the quarter that ended in Dec. 2023 was $30,882 Mil.
Great-West Lifeco's quarterly market cap
declined
from Jun. 2023 ($27,138 Mil) to Sep. 2023 ($26,590 Mil) but then
increased
from Sep. 2023 ($26,590 Mil) to Dec. 2023 ($30,882 Mil).
Great-West Lifeco's annual market cap
declined
from Dec. 2021 ($27,940 Mil) to Dec. 2022 ($21,563 Mil) but then
increased
from Dec. 2022 ($21,563 Mil) to Dec. 2023 ($30,882 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. Great-West Lifeco's Enterprise Value for Today is $31,299 Mil.
Great-West Lifeco Market Cap Historical Data
The historical data trend for Great-West Lifeco'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 Great-West Lifeco's Market Cap
For the Insurance - Life subindustry, Great-West Lifeco'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.
Great-West Lifeco's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Great-West Lifeco's Market Cap distribution charts can be found below:
* The bar in red indicates where Great-West Lifeco's Market Cap falls into.
Great-West Lifeco 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.
Great-West Lifeco'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.
Great-West Lifeco (OTCPK:GWLIF) 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.
Great-West Lifeco Market Cap Related Terms
Thank you for viewing the detailed overview of Great-West Lifeco's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Great-West Lifeco (Great-West Lifeco) Business Description
Great-West Lifeco provides life insurance, health insurance, retirement products, asset management, recordkeeping services, and reinsurance products in Canada, the United States, and Europe. The Canada business contributes approximately 35% of adjusted earnings and has leading market positions in group insurance, group retirement, and individual insurance. The company operates the second-largest recordkeeping business under the Empower brand in the United States, with an earnings contribution from the country approximating 20%. Great-West Lifeco also offers various products across Europe markets with a strong presence in the U.K., Ireland, and Germany. The Europe segment contributes around 28% of adjusted earnings and the reinsurance business accounts for around 17% of adjusted earnings.
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