Sumitomo Mitsui Financial Group (TSE:8316) Market Cap : 円11,641,519 Mil (As of Apr. 25, 2024)

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What is Sumitomo Mitsui Financial Group 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). Sumitomo Mitsui Financial Group's share price for the quarter that ended in Dec. 2023 was 円6880. Sumitomo Mitsui Financial Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,324 Mil. Therefore, Sumitomo Mitsui Financial Group's market cap for the quarter that ended in Dec. 2023 was 円9,107,813 Mil.

Sumitomo Mitsui Financial Group's quarterly market cap increased from Jun. 2023 (円8,213,827 Mil) to Sep. 2023 (円9,801,412 Mil) but then declined from Sep. 2023 (円9,801,412 Mil) to Dec. 2023 (円9,107,813 Mil).

Sumitomo Mitsui Financial Group's annual market cap declined from Mar. 2021 (円5,491,313 Mil) to Mar. 2022 (円5,355,794 Mil) but then increased from Mar. 2022 (円5,355,794 Mil) to Mar. 2023 (円7,123,797 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. Sumitomo Mitsui Financial Group's Enterprise Value for Today is 円-31,856,074 Mil.

Sumitomo Mitsui Financial Group Market Cap Historical Data

The historical data trend for Sumitomo Mitsui Financial Group'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.

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Sumitomo Mitsui Financial Group Market Cap Chart

Sumitomo Mitsui Financial Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Market Cap

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5,409,345.60

3,592,277.19

5,491,313.01

5,355,793.74

7,123,796.76

Sumitomo Mitsui Financial Group 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															7,203,354.40	7,123,796.76	8,213,827.17	9,801,412.29	9,107,812.80

Competitive Comparison of Sumitomo Mitsui Financial Group's Market Cap

For the Banks - Diversified subindustry, Sumitomo Mitsui Financial Group'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.

Sumitomo Mitsui Financial Group's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Sumitomo Mitsui Financial Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Sumitomo Mitsui Financial Group's Market Cap falls into.

Sumitomo Mitsui Financial Group 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.

Sumitomo Mitsui Financial Group's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )	=	Share Price (A: Mar. 2023 )	*	Shares Outstanding (EOP) (A: Mar. 2023 )
	=	円5298	*	1344.62
	=	円7,123,797

Sumitomo Mitsui Financial Group'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 )
	=	円6880	*	1323.81
	=	円9,107,813

Sumitomo Mitsui Financial Group (TSE:8316) 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.

Sumitomo Mitsui Financial Group Market Cap Related Terms

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Sumitomo Mitsui Financial Group (TSE:8316) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Sumitomo Mitsui Financial Group Inc (TSE:8316) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

SMFNF:USA SMFG:USA SMFG:Mexico XMFA:Germany S1MF34:Brazil

Address

1-2, Marunouchi 1-chome, Chiyoda-ku, Tokyo, JPN, 100-0005

Website

https://www.smfg.co.jp

Sumitomo Mitsui Financial Group is roughly tied with Mizuho Financial Group for the status of Japan's second-largest bank after Mitsubishi UFJ Financial Group. As of March 2023, its market share of domestic loans was 7.1%, compared with 8.1% for MUFG. It has a larger consumer finance business than the other two megabanks, owning 100% of the Promise business and SMBC Card. It also controls one of Japan's largest leasing companies and SMBC Aviation Capital, one of the top five aircraft lessors globally. In securities, its SMBC Nikko unit is Japan's third-largest retail broker, although SMFG has lagged somewhat in institutional securities business and asset management.

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