Procore Technologies's quarterly market cap
declined
from Mar. 2024 ($12,019 Mil) to Jun. 2024 ($9,793 Mil) and
declined
from Jun. 2024 ($9,793 Mil) to Sep. 2024 ($9,176 Mil).
Procore Technologies's annual market cap
declined
from Dec. 2021 ($10,720 Mil) to Dec. 2022 ($6,566 Mil) but then
increased
from Dec. 2022 ($6,566 Mil) to Dec. 2023 ($10,023 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. Procore Technologies's Enterprise Value for Today is $11,445 Mil.
Procore Technologies Market Cap Historical Data
The historical data trend for Procore Technologies'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 Procore Technologies's Market Cap
For the Software - Application subindustry, Procore Technologies'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.
Procore Technologies's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Procore Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Procore Technologies's Market Cap falls into.
Procore Technologies 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.
Procore Technologies'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.
Procore Technologies (NYSE:PCOR) 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.
Procore Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Procore Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Procore Technologies Inc is a cloud-based construction management software company. It generates revenue through subscriptions for access to its software products. The company's products include Design Coordination, BIM, Field Productivity, Project Financials, Invoice Management, Portfolio Financials, Capital Planning, Accounting Integrations, and Analytics. The software products are hosted on its cloud-based SaaS construction management platform. Subscriptions are sold for a fixed fee and revenue is recognized ratably over the term of the subscription.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
PCOR has been successfully added to your 