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Pine Island Acquisition (Pine Island Acquisition) Market Cap : $273.80 Mil (As of Jun. 06, 2024)


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What is Pine Island Acquisition Market Cap?

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). Pine Island Acquisition's share price for the quarter that ended in Jun. 2022 was $9.87. Pine Island Acquisition's Shares Outstanding (EOP) for the quarter that ended in Jun. 2022 was 27.30 Mil. Therefore, Pine Island Acquisition's market cap for the quarter that ended in Jun. 2022 was $269.44 Mil.

Pine Island Acquisition's quarterly market cap declined from Dec. 2021 ($269.16 Mil) to Mar. 2022 ($268.34 Mil) but then increased from Mar. 2022 ($268.34 Mil) to Jun. 2022 ($269.44 Mil).

Pine Island Acquisition's annual market cap stayed the same from . 20 ($0.00 Mil) to Dec. 2020 ($0.00 Mil) but then increased from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($269.16 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. Pine Island Acquisition's Enterprise Value for Today is $274.21 Mil.


Pine Island Acquisition Market Cap Historical Data

The historical data trend for Pine Island Acquisition'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.

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Pine Island Acquisition Market Cap Chart

Pine Island Acquisition Annual Data
Trend Dec20 Dec21
Market Cap
- 269.16

Pine Island Acquisition Quarterly Data
Aug20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Market Cap Get a 7-Day Free Trial 265.61 266.43 269.16 268.34 269.44

Competitive Comparison of Pine Island Acquisition's Market Cap

For the Shell Companies subindustry, Pine Island Acquisition'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.


Pine Island Acquisition's Market Cap Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pine Island Acquisition's Market Cap distribution charts can be found below:

* The bar in red indicates where Pine Island Acquisition's Market Cap falls into.



Pine Island Acquisition 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.

Pine Island Acquisition's Market Cap for the fiscal year that ended in Dec. 2021 is calculated as

Market Cap (A: Dec. 2021 )=Share Price (A: Dec. 2021 )*Shares Outstanding (EOP) (A: Dec. 2021 )
=$9.86*27.2985
=$269.16

Pine Island Acquisition's Market Cap for the quarter that ended in Jun. 2022 is calculated as

Market Cap (Q: Jun. 2022 )=Share Price (Q: Jun. 2022 )*Shares Outstanding (EOP) (Q: Jun. 2022 )
=$9.87*27.2985
=$269.44

* 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.


Pine Island Acquisition  (NYSE:PIPP) 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.


Pine Island Acquisition Market Cap Related Terms

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Pine Island Acquisition (Pine Island Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2455 E. Sunrise Boulevard, Suite 1205, Fort Lauderdale, FL, USA, 33304
Pine Island Acquisition Corp is a blank check company.
Executives
Michael E Roemer director AMERICAN INTERNATIONAL GROUP, INC., 70 PINE STREET, NEW YORK NY 10270
John A Thain director, officer: Chairman of the Board C/O CIT GROUP, 1 CIT DRIVE, #3251-9, LIVINGSTON NJ 07039
Bridge Charles G Jr officer: CFO and Secretary 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Capricia P Marshall director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Philip A Cooper director, officer: CEO and President 2455 E. SUNRISE BLVD, SUITE 1205, FORT LAUDERDALE FL 33304
Pine Island Sponsor Llc 10 percent owner 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304
Stuart W Holliday director 2455 E. SUNRISE BLVD., SUITE 1205, FORT LAUDERDALE FL 33304