Tian Ruixiang Holdings (Tian Ruixiang Holdings) Market Cap : $1.64 Mil (As of Apr. 27, 2024)

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What is Tian Ruixiang Holdings 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). Tian Ruixiang Holdings's share price for the quarter that ended in Apr. 2023 was $1.63. Tian Ruixiang Holdings's Shares Outstanding (EOP) for the quarter that ended in Apr. 2023 was 3.27 Mil. Therefore, Tian Ruixiang Holdings's market cap for the quarter that ended in Apr. 2023 was $5.34 Mil.

Tian Ruixiang Holdings's quarterly market cap declined from Apr. 2022 ($10.56 Mil) to Oct. 2022 ($8.05 Mil) and declined from Oct. 2022 ($8.05 Mil) to Apr. 2023 ($5.34 Mil).

Tian Ruixiang Holdings's annual market cap increased from Oct. 2020 ($0.00 Mil) to Oct. 2021 ($35.64 Mil) but then declined from Oct. 2021 ($35.64 Mil) to Oct. 2022 ($8.05 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. Tian Ruixiang Holdings's Enterprise Value for Today is $-34.28 Mil.

Tian Ruixiang Holdings Market Cap Historical Data

The historical data trend for Tian Ruixiang Holdings'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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Tian Ruixiang Holdings Market Cap Chart

Tian Ruixiang Holdings Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Market Cap

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35.64

8.05

Tian Ruixiang Holdings Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Market Cap	Get a 7-Day Free Trial							117.09	35.64	10.56	8.05	5.34

Competitive Comparison of Tian Ruixiang Holdings's Market Cap

For the Insurance Brokers subindustry, Tian Ruixiang Holdings'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.

Tian Ruixiang Holdings's Market Cap Distribution in the Insurance Industry

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

* The bar in red indicates where Tian Ruixiang Holdings's Market Cap falls into.

Tian Ruixiang Holdings 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.

Tian Ruixiang Holdings's Market Cap for the fiscal year that ended in Oct. 2022 is calculated as

Market Cap (A: Oct. 2022 )	=	Share Price (A: Oct. 2022 )	*	Shares Outstanding (EOP) (A: Oct. 2022 )
	=	$2.9	*	2.7772
	=	$8.05

Tian Ruixiang Holdings's Market Cap for the quarter that ended in Apr. 2023 is calculated as

Market Cap (Q: Apr. 2023 )	=	Share Price (Q: Apr. 2023 )	*	Shares Outstanding (EOP) (Q: Apr. 2023 )
	=	$1.63	*	3.27474
	=	$5.34

Tian Ruixiang Holdings (NAS:TIRX) 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.

Tian Ruixiang Holdings Market Cap Related Terms

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Tian Ruixiang Holdings (Tian Ruixiang Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Tian Ruixiang Holdings Ltd (NAS:TIRX) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

N/A

Address

North East Third Ring Road, Room 1001, 10 / F, No. 25, Chaoyang District, Beijing, CHN

Website

http://www.tianrx.com

Tian Ruixiang Holdings Ltd is an Insurance Brokerage firm. It distributes a wide range of insurance products, which are categorized into two groups; property and casualty insurance, such as commercial property insurance, liability insurance, accidental insurance, and automobile insurance; and other insurances, such as health insurance, life insurance, and miscellaneous insurances. It also generates a small amount of revenue from risk management services. The firm act on behalf of its customers seeking insurance coverage from insurance companies. It generates revenue from the provision of insurance brokerage services.