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). REE Automotive's share price for the quarter that ended in Dec. 2023 was $5.14. REE Automotive's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 8.45 Mil. Therefore, REE Automotive's market cap for the quarter that ended in Dec. 2023 was $43.44 Mil.
REE Automotive's quarterly market cap
declined
from Jun. 2023 ($93.99 Mil) to Sep. 2023 ($36.73 Mil) but then
increased
from Sep. 2023 ($36.73 Mil) to Dec. 2023 ($43.44 Mil).
REE Automotive's annual market cap
declined
from Dec. 2021 ($1,300.16 Mil) to Dec. 2022 ($94.87 Mil) and
declined
from Dec. 2022 ($94.87 Mil) to Dec. 2023 ($43.44 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. REE Automotive's Enterprise Value for Today is $-0.18 Mil.
REE Automotive Market Cap Historical Data
The historical data trend for REE Automotive'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 REE Automotive's Market Cap
For the Recreational Vehicles subindustry, REE Automotive'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.
REE Automotive's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, REE Automotive's Market Cap distribution charts can be found below:
* The bar in red indicates where REE Automotive's Market Cap falls into.
REE Automotive 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.
REE Automotive'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.
REE Automotive (NAS:REE) 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.
REE Automotive Market Cap Related Terms
Thank you for viewing the detailed overview of REE Automotive's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
REE Automotive (REE Automotive) Business Description
REE Automotive Ltd is a technology company whose mission is to be the cornerstone for zero-emission electric and autonomous vehicles. Company aims to empower the companies, such as original equipment manufacturers, or OEMs, delivery and logistics fleets, dealers, e-commerce retailers, new mobility players, Mobility-as-a-Service providers and autonomous drive companies, in the build-out of any size or shape of electric or autonomous vehicle - from Class 1 through Class 6, focusing primarily on Class 3 through 5 platform models on the P7 EV platform. Geographical preference in Israel, Germany, Norway, U.S, and Rest of the world.
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