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). Rackspace Hosting's share price for the quarter that ended in Sep. 2016 was $31.69. Rackspace Hosting's Shares Outstanding (EOP) for the quarter that ended in Sep. 2016 was 126 Mil. Therefore, Rackspace Hosting's market cap for the quarter that ended in Sep. 2016 was $3,987 Mil.
Rackspace Hosting's quarterly market cap
declined
from Mar. 2016 ($2,766 Mil) to Jun. 2016 ($2,624 Mil) but then
increased
from Jun. 2016 ($2,624 Mil) to Sep. 2016 ($3,987 Mil).
Rackspace Hosting's annual market cap
increased
from Dec. 2013 ($5,522 Mil) to Dec. 2014 ($6,606 Mil) but then
declined
from Dec. 2014 ($6,606 Mil) to Dec. 2015 ($3,314 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. Rackspace Hosting's Enterprise Value for Today is $4,018 Mil.
Rackspace Hosting Market Cap Historical Data
The historical data trend for Rackspace Hosting'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 Rackspace Hosting's Market Cap
For the Information Technology Services subindustry, Rackspace Hosting'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.
Rackspace Hosting's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Rackspace Hosting's Market Cap distribution charts can be found below:
* The bar in red indicates where Rackspace Hosting's Market Cap falls into.
Rackspace Hosting 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.
Rackspace Hosting's Market Cap for the fiscal year that ended in Dec. 2015 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.
Rackspace Hosting (NYSE:RAX) 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.
Rackspace Hosting Market Cap Related Terms
Thank you for viewing the detailed overview of Rackspace Hosting's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rackspace Hosting (Rackspace Hosting) Business Description
Rackspace Hosting Inc was incorporated in Delaware in March 2000. The Company, through its operating subsidiaries, is a provider of cloud computing services, managing web-based IT systems for small and medium-sized businesses as well as large enterprises. It offers a portfolio of integrated IT solutions for common business needs, including for ecommerce, web content management, website hosting, data services, office mail and collaboration, and private clouds. It also offers advisory services for technology strategy, security and compliance, application assessment and migration, and DevOps automation. It offers its solutions across a variety of IT form factors, including multi-tenant public cloud, dedicated single-tenant servers, private cloud, and hybrid cloud - all delivered with a commitment to open and standard technologies. Its marketing activities include web-based paid and natural search, participation in technology trade shows, conferences and customer events, advertisements in traditional and electronic (web and email-based) media, and targeted regional public relations activities. Its trademark includes Rackspace, Fanatical Support, and RackConnect. The Company is subject to U.S. federal income tax and various state, local, and international income taxes in numerous jurisdictions.
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