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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Market Cap : ﷼2,678 Mil (As of May. 25, 2024)


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What is The Mediterranean and Gulf Insurance and Reinsurance Co Market Cap?

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). The Mediterranean and Gulf Insurance and Reinsurance Co's share price for the quarter that ended in Mar. 2024 was ﷼24.56. The Mediterranean and Gulf Insurance and Reinsurance Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 105 Mil. Therefore, The Mediterranean and Gulf Insurance and Reinsurance Co's market cap for the quarter that ended in Mar. 2024 was ﷼2,579 Mil.

The Mediterranean and Gulf Insurance and Reinsurance Co's quarterly market cap increased from Sep. 2023 (﷼1,420 Mil) to Dec. 2023 (﷼1,512 Mil) and increased from Dec. 2023 (﷼1,512 Mil) to Mar. 2024 (﷼2,579 Mil).

The Mediterranean and Gulf Insurance and Reinsurance Co's annual market cap declined from Dec. 2021 (﷼1,804 Mil) to Dec. 2022 (﷼905 Mil) but then increased from Dec. 2022 (﷼905 Mil) to Dec. 2023 (﷼1,512 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. The Mediterranean and Gulf Insurance and Reinsurance Co's Enterprise Value for Today is ﷼2,023 Mil.


The Mediterranean and Gulf Insurance and Reinsurance Co Market Cap Historical Data

The historical data trend for The Mediterranean and Gulf Insurance and Reinsurance Co'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.

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The Mediterranean and Gulf Insurance and Reinsurance Co Market Cap Chart

The Mediterranean and Gulf Insurance and Reinsurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,278.40 1,897.60 1,803.90 905.10 1,512.00

The Mediterranean and Gulf Insurance and Reinsurance Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 827.40 978.60 1,419.60 1,512.00 2,578.80

Competitive Comparison of The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap

For the Insurance - Diversified subindustry, The Mediterranean and Gulf Insurance and Reinsurance Co'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.


The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap distribution charts can be found below:

* The bar in red indicates where The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap falls into.



The Mediterranean and Gulf Insurance and Reinsurance Co 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.

The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=﷼14.4*105
=﷼1,512

The Mediterranean and Gulf Insurance and Reinsurance Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=﷼24.56*105
=﷼2,579

* 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.


The Mediterranean and Gulf Insurance and Reinsurance Co  (SAU:8030) 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 company’s 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.


The Mediterranean and Gulf Insurance and Reinsurance Co Market Cap Related Terms

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The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Business Description

Traded in Other Exchanges
N/A
Address
King Saud Road, P.O. Box 2302, Medgulf Insurance Futuro Tower, Riyadh, SAU, 11451
The Mediterranean and Gulf Insurance and Reinsurance Co is a Saudi Arabian insurance company with objectives to transact in cooperative insurance and reinsurance business and related activities. Its principal lines of business include medical, motor and other general insurance. It has three reportable operating segments: Medical insurance, which is the key revenue driver, covers medical costs, medicines, and all other medical services and supplies; Motor Insurance, which provides coverage against losses and liability related to motor vehicles; and Others.

The Mediterranean and Gulf Insurance and Reinsurance Co (SAU:8030) Headlines

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