Meiji Electric Industries Co's quarterly market cap
increased
from Jun. 2023 (円18,155 Mil) to Sep. 2023 (円18,357 Mil) but then
declined
from Sep. 2023 (円18,357 Mil) to Dec. 2023 (円17,725 Mil).
Meiji Electric Industries Co's annual market cap
declined
from Mar. 2021 (円17,109 Mil) to Mar. 2022 (円13,031 Mil) but then
increased
from Mar. 2022 (円13,031 Mil) to Mar. 2023 (円15,296 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. Meiji Electric Industries Co's Enterprise Value for Today is 円15,289 Mil.
Meiji Electric Industries Co Market Cap Historical Data
* 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 Meiji Electric Industries Co's Market Cap
For the Scientific & Technical Instruments subindustry, Meiji Electric Industries 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.
Meiji Electric Industries Co's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Meiji Electric Industries Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Meiji Electric Industries Co's Market Cap falls into.
Meiji Electric Industries 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.
* 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.
Meiji Electric Industries Co (TSE:3388) 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.
Meiji Electric Industries Co Market Cap Related Terms
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Meiji Electric Industries Co (TSE:3388) Business Description
Meiji Electric Industries Co Ltd is a distributor of factory automation components. It also sells functional parts for electric equipment and automatic power saving electrical appliances and instruments.
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