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Union Insurance (TPE:2816) Market Cap : NT$7,379 Mil (As of May. 25, 2024)


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What is Union Insurance 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). Union Insurance's share price for the quarter that ended in Mar. 2024 was NT$29.75. Union Insurance's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 224 Mil. Therefore, Union Insurance's market cap for the quarter that ended in Mar. 2024 was NT$6,652 Mil.

Union Insurance's quarterly market cap increased from Sep. 2023 (NT$6,071 Mil) to Dec. 2023 (NT$8,486 Mil) but then declined from Dec. 2023 (NT$8,486 Mil) to Mar. 2024 (NT$6,652 Mil).

Union Insurance's annual market cap declined from Dec. 2021 (NT$4,383 Mil) to Dec. 2022 (NT$3,533 Mil) but then increased from Dec. 2022 (NT$3,533 Mil) to Dec. 2023 (NT$8,486 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. Union Insurance's Enterprise Value for Today is NT$4,071 Mil.


Union Insurance Market Cap Historical Data

The historical data trend for Union Insurance'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.

* Premium members only.

Union Insurance Market Cap Chart

Union Insurance 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 4,823.22 4,740.49 4,382.72 3,533.01 8,485.92

Union Insurance 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 3,410.02 4,192.65 6,070.96 8,485.92 6,652.34

Competitive Comparison of Union Insurance's Market Cap

For the Insurance - Diversified subindustry, Union Insurance'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.


Union Insurance's Market Cap Distribution in the Insurance Industry

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

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



Union Insurance 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.

Union Insurance'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 )
=NT$37.95*223.608
=NT$8,486

Union Insurance'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 )
=NT$29.75*223.608
=NT$6,652

* 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.


Union Insurance  (TPE:2816) 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.


Union Insurance Market Cap Related Terms

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Union Insurance (TPE:2816) Business Description

Traded in Other Exchanges
N/A
Address
No. 219, Zhongxiao East Road, 12th Floor, Section 4, Daan District, Taipei, TWN, 10690
Union Insurance is a Taiwan-based company engaged in the insurance business engaged in the underwriting of fire, marine, automobile, engineering, liability, and accident insurance, reinsurance, and insurance businesses entrusted by other companies, performing a variety of investments and other businesses in accordance with the regulations. Its product portfolio includes Motor Insurance, Traveler Accident Insurance, Accident and Health Insurance, Fire Property Insurance, Casualty Insurance, Engineering Insurance, and Marine Insurance.

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