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Riken Corundum Co (TSE:5395) Market Cap : 円2,435 Mil (As of Jun. 24, 2024)


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What is Riken Corundum 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). Riken Corundum Co's share price for the quarter that ended in Mar. 2024 was 円2578. Riken Corundum Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1 Mil. Therefore, Riken Corundum Co's market cap for the quarter that ended in Mar. 2024 was 円2,325 Mil.

Riken Corundum Co's quarterly market cap increased from Sep. 2023 (円2,192 Mil) to Dec. 2023 (円2,345 Mil) but then declined from Dec. 2023 (円2,345 Mil) to Mar. 2024 (円2,325 Mil).

Riken Corundum Co's annual market cap increased from Dec. 2021 (円1,821 Mil) to Dec. 2022 (円2,304 Mil) and increased from Dec. 2022 (円2,304 Mil) to Dec. 2023 (円2,345 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. Riken Corundum Co's Enterprise Value for Today is 円1,842 Mil.


Riken Corundum Co Market Cap Historical Data

The historical data trend for Riken Corundum 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.

Riken Corundum Co Market Cap Chart

Riken Corundum 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 1,943.85 1,609.01 1,821.01 2,303.98 2,345.10

Riken Corundum Co 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 2,196.11 2,201.68 2,191.76 2,345.10 2,325.25

Competitive Comparison of Riken Corundum Co's Market Cap

For the Specialty Chemicals subindustry, Riken Corundum 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.


Riken Corundum Co's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Riken Corundum Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Riken Corundum Co's Market Cap falls into.



Riken Corundum 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.

Riken Corundum 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 )
=円2600*0.90196
=円2,345

Riken Corundum Co'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 )
=円2578*0.90196
=円2,325

* 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.


Riken Corundum Co  (TSE:5395) 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.


Riken Corundum Co Market Cap Related Terms

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Riken Corundum Co (TSE:5395) Business Description

Traded in Other Exchanges
N/A
Address
547-1, miyamae, Saitama, Konosu, JPN, 365-0051
Riken Corundum Co Ltd is an abrasive product manufacturing company. It is primarily engaged in the manufacturing and selling of coated abrasive papers, abrasive cloths, abrasive powders, OA equipment parts, and merchandise for personal use. In addition, it is also involved in the management and rental of real estate.

Riken Corundum Co (TSE:5395) Headlines

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