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). Pennant Group's share price for the quarter that ended in Sep. 2024 was $35.7. Pennant Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 30.3 Mil. Therefore, Pennant Group's market cap for the quarter that ended in Sep. 2024 was $1,082.0 Mil.
Pennant Group's quarterly market cap
increased
from Mar. 2024 ($589.6 Mil) to Jun. 2024 ($699.2 Mil) and
increased
from Jun. 2024 ($699.2 Mil) to Sep. 2024 ($1,082.0 Mil).
Pennant Group's annual market cap
declined
from Dec. 2021 ($657.8 Mil) to Dec. 2022 ($326.0 Mil) but then
increased
from Dec. 2022 ($326.0 Mil) to Dec. 2023 ($416.9 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. Pennant Group's Enterprise Value for Today is $1,377.8 Mil.
Pennant Group Market Cap Historical Data
The historical data trend for Pennant 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 Pennant Group's Market Cap
For the Medical Care Facilities subindustry, Pennant 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.
Pennant Group's Market Cap Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Pennant Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Pennant Group's Market Cap falls into.
Pennant 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.
Pennant 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.
Pennant Group (NAS:PNTG) 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.
Pennant Group Market Cap Related Terms
Thank you for viewing the detailed overview of Pennant Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Pennant Group Inc is engaged in providing healthcare services to patients of all ages, including the growing senior population, in the United States. It operates in multiple lines of business including home health, hospice, and senior living which includes the company's assisted living, independent living, and memory care communities across Arizona, California, Colorado, Idaho, Montana, Nevada, Oklahoma, Oregon, Texas, Utah, Washington, Wisconsin, and Wyoming. The company generates majority of its revenue from home health and hospice services segment, which includes its home health, hospice and home care businesses.
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