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). Paramount Group's share price for the quarter that ended in Dec. 2023 was $5.17. Paramount Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 217.4 Mil. Therefore, Paramount Group's market cap for the quarter that ended in Dec. 2023 was $1,123.8 Mil.
Paramount Group's quarterly market cap
increased
from Jun. 2023 ($962.7 Mil) to Sep. 2023 ($1,004.2 Mil) and
increased
from Sep. 2023 ($1,004.2 Mil) to Dec. 2023 ($1,123.8 Mil).
Paramount Group's annual market cap
declined
from Dec. 2021 ($1,826.4 Mil) to Dec. 2022 ($1,286.4 Mil) and
declined
from Dec. 2022 ($1,286.4 Mil) to Dec. 2023 ($1,123.8 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. Paramount Group's Enterprise Value for Today is $4,383.7 Mil.
Paramount Group Market Cap Historical Data
The historical data trend for Paramount Group'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 Paramount Group's Market Cap
For the REIT - Office subindustry, Paramount Group'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.
Paramount Group's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Paramount Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Paramount Group's Market Cap falls into.
Paramount Group 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.
Paramount Group'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.
Paramount Group (NYSE:PGRE) 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.
Paramount Group Market Cap Related Terms
Thank you for viewing the detailed overview of Paramount Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Paramount Group (Paramount Group) Business Description
Paramount Group Inc is a real estate investment trust engaged in owning, operating, managing, acquiring, and redeveloping high-quality, Class A office properties in select central business district ("CBD") submarkets of New York City and San Francisco. The company operates in two geographical segments New York and San Francisco. Paramount Group derives nearly all of its revenue in the form of rental income from leasing its offices to tenants. The company's New York City assets generate the majority of its total revenue.
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