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). Highest Performances Holdings's share price for the quarter that ended in Jun. 2023 was $6.9799. Highest Performances Holdings's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 60.31 Mil. Therefore, Highest Performances Holdings's market cap for the quarter that ended in Jun. 2023 was $420.99 Mil.
Highest Performances Holdings's quarterly market cap
declined
from Jun. 2022 ($489.76 Mil) to Dec. 2022 ($460.80 Mil) and
declined
from Dec. 2022 ($460.80 Mil) to Jun. 2023 ($420.99 Mil).
Highest Performances Holdings's annual market cap
increased
from Jun. 2021 ($324.49 Mil) to Jun. 2022 ($489.76 Mil) but then
declined
from Jun. 2022 ($489.76 Mil) to Jun. 2023 ($420.99 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. Highest Performances Holdings's Enterprise Value for Today is $2,182.56 Mil.
Highest Performances Holdings Market Cap Historical Data
The historical data trend for Highest Performances Holdings'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 Highest Performances Holdings's Market Cap
For the Asset Management subindustry, Highest Performances Holdings'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.
Highest Performances Holdings's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Highest Performances Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Highest Performances Holdings's Market Cap falls into.
Highest Performances Holdings 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.
Highest Performances Holdings's Market Cap for the fiscal year that ended in Jun. 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.
Highest Performances Holdings (NAS:HPH) 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.
Highest Performances Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Highest Performances Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Highest Performances Holdings (Highest Performances Holdings) Business Description
Puyi Inc is the third-party wealth management services provider in China. The company provides wealth management services, corporate finance services and asset management services. It generates a majority of the revenue from wealth management services under which it distributes wealth management products both online and offline through its branch network. Products distributed online include publicly raised fund products, exchange administered products and asset management plans. Products distributed offline include privately raised fund products. In addition, the company also has a corporate finance services business, under which it provides corporate borrowers with financing solutions, including product design, identification of sources of funding, compliance and risk management.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HPH has been successfully added to your 