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). Snowflake's share price for the quarter that ended in Jan. 2024 was $195.64. Snowflake's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 334 Mil. Therefore, Snowflake's market cap for the quarter that ended in Jan. 2024 was $65,336 Mil.
Snowflake's quarterly market cap
declined
from Jul. 2023 ($58,445 Mil) to Oct. 2023 ($47,770 Mil) but then
increased
from Oct. 2023 ($47,770 Mil) to Jan. 2024 ($65,336 Mil).
Snowflake's annual market cap
declined
from Jan. 2022 ($86,185 Mil) to Jan. 2023 ($50,578 Mil) but then
increased
from Jan. 2023 ($50,578 Mil) to Jan. 2024 ($65,336 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. Snowflake's Enterprise Value for Today is $46,963 Mil.
Snowflake Market Cap Historical Data
The historical data trend for Snowflake'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.
For the Software - Application subindustry, Snowflake'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.
Snowflake's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Snowflake's Market Cap distribution charts can be found below:
* The bar in red indicates where Snowflake's Market Cap falls into.
Snowflake 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.
Snowflake's Market Cap for the fiscal year that ended in Jan. 2024 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.
Snowflake (NYSE:SNOW) 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.
Snowflake Market Cap Related Terms
Thank you for viewing the detailed overview of Snowflake's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2012, Snowflake is a data lake, warehousing, and sharing company that came public in 2020. To date, the company has over 3,000 customers, including nearly 30% of the Fortune 500 as its customers. Snowflake's data lake stores unstructured and semistructured data that can then be used in analytics to create insights stored in its data warehouse. Snowflake's data sharing capability allows enterprises to easily buy and ingest data almost instantaneously compared with a traditionally months-long process. Overall, the company is known for the fact that all of its data solutions that can be hosted on various public clouds.
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