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Cathay Financial Holding Co (TPE:2882) Market Cap : NT$796,538 Mil (As of May. 15, 2024)


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What is Cathay Financial Holding Co 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). Cathay Financial Holding Co's share price for the quarter that ended in Dec. 2023 was NT$45.75. Cathay Financial Holding Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 14,669 Mil. Therefore, Cathay Financial Holding Co's market cap for the quarter that ended in Dec. 2023 was NT$671,116 Mil.

Cathay Financial Holding Co's quarterly market cap increased from Jun. 2023 (NT$632,976 Mil) to Sep. 2023 (NT$653,513 Mil) and increased from Sep. 2023 (NT$653,513 Mil) to Dec. 2023 (NT$671,116 Mil).

Cathay Financial Holding Co's annual market cap declined from Dec. 2021 (NT$823,078 Mil) to Dec. 2022 (NT$586,768 Mil) but then increased from Dec. 2022 (NT$586,768 Mil) to Dec. 2023 (NT$671,116 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. Cathay Financial Holding Co's Enterprise Value for Today is NT$453,149 Mil.


Cathay Financial Holding Co Market Cap Historical Data

The historical data trend for Cathay Financial Holding Co'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.

Cathay Financial Holding Co Market Cap Chart

Cathay Financial Holding Co 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 560,350.88 556,401.03 823,077.71 586,768.00 671,115.90

Cathay Financial Holding Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 586,768.00 613,172.56 632,975.98 653,512.86 671,115.90

Competitive Comparison of Cathay Financial Holding Co's Market Cap

For the Insurance - Life subindustry, Cathay Financial Holding Co'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.


Cathay Financial Holding Co's Market Cap Distribution in the Insurance Industry

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

* The bar in red indicates where Cathay Financial Holding Co's Market Cap falls into.



Cathay Financial Holding Co 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.

Cathay Financial Holding Co'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$45.75*14669.2
=NT$671,116

Cathay Financial Holding Co's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=NT$45.75*14669.2
=NT$671,116

* 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.


Cathay Financial Holding Co  (TPE:2882) 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.


Cathay Financial Holding Co Market Cap Related Terms

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Cathay Financial Holding Co (TPE:2882) Business Description

Traded in Other Exchanges
Address
No. 296, Section 4, Renai Road, Da'an District, Taipei, TWN, 106
Cathay Financial Holding Co Ltd is a financial holding company that primarily serves the Taiwan market. The scope of its business is limited by the operation of law to the investment and management of financial services enterprises. The company is a hub for financial services primarily in insurance and banking, and secondarily in asset management. Cathay Financial Holding emphasizes cross-selling and information technology integration in its business model. most of its insurance business, which constitutes approximately half of the company's revenue mix, is related to life insurance. Its banking business, which makes up nearly the other half of its business, is mostly related to consumer and corporate banking.

Cathay Financial Holding Co (TPE:2882) Headlines

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