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). Shareate Tools's share price for the quarter that ended in Mar. 2024 was ¥22.28. Shareate Tools's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 130 Mil. Therefore, Shareate Tools's market cap for the quarter that ended in Mar. 2024 was ¥2,895 Mil.
Shareate Tools's quarterly market cap
declined
from Sep. 2023 (¥3,597 Mil) to Dec. 2023 (¥3,253 Mil) and
declined
from Dec. 2023 (¥3,253 Mil) to Mar. 2024 (¥2,895 Mil).
Shareate Tools's annual market cap
declined
from Dec. 2021 (¥6,143 Mil) to Dec. 2022 (¥3,627 Mil) and
declined
from Dec. 2022 (¥3,627 Mil) to Dec. 2023 (¥3,253 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. Shareate Tools's Enterprise Value for Today is ¥2,598 Mil.
Shareate Tools Market Cap Historical Data
The historical data trend for Shareate Tools'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 Shareate Tools's Market Cap
For the Tools & Accessories subindustry, Shareate Tools'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.
Shareate Tools's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shareate Tools's Market Cap distribution charts can be found below:
* The bar in red indicates where Shareate Tools's Market Cap falls into.
Shareate Tools 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.
Shareate Tools'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.
Shareate Tools (SHSE:688257) 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.
Shareate Tools Market Cap Related Terms
Thank you for viewing the detailed overview of Shareate Tools's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Shareate Tools Ltd is a national high-tech enterprise, engaged in cemented carbide products and rock drilling tools. Its main products are Rotary Tricone Bit, DTH Hammer & Bit for mining, water well, and oil-field drilling applications, oil drilling, and mining cemented carbide, carbide substrates for PDC bits, petroleum drill bit nozzle, ultra-fine cemented carbide rod, fine grain cutting tools, stamping die plate, cold heading dies, powder metallurgy dies, tungsten carbide tubular welding, wear parts, non-standard parts. It exports to South America, Africa, Australia, Russia, South Korea, USA, Canada and other countries.
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