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). D-Wave Quantum's share price for the quarter that ended in Dec. 2023 was $0.8801. D-Wave Quantum's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 161.11 Mil. Therefore, D-Wave Quantum's market cap for the quarter that ended in Dec. 2023 was $141.80 Mil.
D-Wave Quantum's quarterly market cap
declined
from Jun. 2023 ($267.58 Mil) to Sep. 2023 ($149.84 Mil) and
declined
from Sep. 2023 ($149.84 Mil) to Dec. 2023 ($141.80 Mil).
D-Wave Quantum's annual market cap
increased
from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($163.20 Mil) but then
declined
from Dec. 2022 ($163.20 Mil) to Dec. 2023 ($141.80 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. D-Wave Quantum's Enterprise Value for Today is $259.33 Mil.
D-Wave Quantum Market Cap Historical Data
The historical data trend for D-Wave Quantum'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 D-Wave Quantum's Market Cap
For the Computer Hardware subindustry, D-Wave Quantum'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.
D-Wave Quantum's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, D-Wave Quantum's Market Cap distribution charts can be found below:
* The bar in red indicates where D-Wave Quantum's Market Cap falls into.
D-Wave Quantum 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.
D-Wave Quantum'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.
D-Wave Quantum (NYSE:QBTS) 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.
D-Wave Quantum Market Cap Related Terms
Thank you for viewing the detailed overview of D-Wave Quantum's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
D-Wave Quantum (D-Wave Quantum) Business Description
D-Wave Quantum Inc is engaged in the development and delivery of quantum computing systems, software, and services, and is also a commercial supplier of quantum computers. It delivers customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection, and financial modeling. Geographically, it derives a majority of its revenue from the United States.
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