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Gulf Insurance Group (SAU:8250) Market Cap : ﷼1,538 Mil (As of May. 17, 2024)


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What is Gulf Insurance Group 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). Gulf Insurance Group's share price for the quarter that ended in Mar. 2024 was ﷼38. Gulf Insurance Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 53 Mil. Therefore, Gulf Insurance Group's market cap for the quarter that ended in Mar. 2024 was ﷼1,995 Mil.

Gulf Insurance Group's quarterly market cap declined from Sep. 2023 (﷼1,635 Mil) to Dec. 2023 (﷼1,381 Mil) but then increased from Dec. 2023 (﷼1,381 Mil) to Mar. 2024 (﷼1,995 Mil).

Gulf Insurance Group's annual market cap declined from Dec. 2021 (﷼1,650 Mil) to Dec. 2022 (﷼1,230 Mil) but then increased from Dec. 2022 (﷼1,230 Mil) to Dec. 2023 (﷼1,381 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. Gulf Insurance Group's Enterprise Value for Today is ﷼1,429 Mil.


Gulf Insurance Group Market Cap Historical Data

The historical data trend for Gulf Insurance Group'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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Gulf Insurance Group Market Cap Chart

Gulf Insurance Group 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 1,330.00 1,785.00 1,650.00 1,230.00 1,380.75

Gulf Insurance Group 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 1,400.00 1,580.00 1,635.00 1,380.75 1,995.00

Competitive Comparison of Gulf Insurance Group's Market Cap

For the Insurance - Diversified subindustry, Gulf Insurance Group'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.


Gulf Insurance Group's Market Cap Distribution in the Insurance Industry

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

* The bar in red indicates where Gulf Insurance Group's Market Cap falls into.



Gulf Insurance Group 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.

Gulf Insurance Group'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 )
=﷼26.3*52.5
=﷼1,381

Gulf Insurance Group'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 )
=﷼38*52.500
=﷼1,995

* 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.


Gulf Insurance Group  (SAU:8250) 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.


Gulf Insurance Group Market Cap Related Terms

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Gulf Insurance Group (SAU:8250) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah Road, P.O. Box 753, Al Nuzha District, Riyadh, SAU, 11421
Gulf Insurance Group operates in the insurance industry. The company's line of business includes health, motor, marine, property, engineering, accident, liability, and protection insurance. It has various segments which include Motor, Property and Casualty, Health, and Protection. The majority of the revenue is generated from its Motor insurance segment which is intended to compensate the policyholder for damage to the vehicle or liability to third parties due to an accident.

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