Turning Point Brands's quarterly market cap
increased
from Mar. 2024 ($516.5 Mil) to Jun. 2024 ($568.1 Mil) and
increased
from Jun. 2024 ($568.1 Mil) to Sep. 2024 ($764.5 Mil).
Turning Point Brands's annual market cap
declined
from Dec. 2021 ($695.0 Mil) to Dec. 2022 ($378.2 Mil) but then
increased
from Dec. 2022 ($378.2 Mil) to Dec. 2023 ($463.4 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. Turning Point Brands's Enterprise Value for Today is $1,474.6 Mil.
Turning Point Brands Market Cap Historical Data
The historical data trend for Turning Point Brands'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 Turning Point Brands's Market Cap
For the Tobacco subindustry, Turning Point Brands'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.
Turning Point Brands's Market Cap Distribution in the Tobacco Products Industry
For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Market Cap distribution charts can be found below:
* The bar in red indicates where Turning Point Brands's Market Cap falls into.
Turning Point Brands 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.
Turning Point Brands'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.
Turning Point Brands (NYSE:TPB) 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.
Turning Point Brands Market Cap Related Terms
Thank you for viewing the detailed overview of Turning Point Brands's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Turning Point Brands Inc operates as manufacturer, marketer, provider of consumer products that include Other Tobacco Products (OTP) in the U.S. The company offers a wide variety across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.
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