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). The 77 Bank's share price for the quarter that ended in Dec. 2023 was 円3480. The 77 Bank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 74 Mil. Therefore, The 77 Bank's market cap for the quarter that ended in Dec. 2023 was 円257,823 Mil.
The 77 Bank's quarterly market cap
increased
from Jun. 2023 (円189,409 Mil) to Sep. 2023 (円234,858 Mil) and
increased
from Sep. 2023 (円234,858 Mil) to Dec. 2023 (円257,823 Mil).
The 77 Bank's annual market cap
declined
from Mar. 2021 (円115,344 Mil) to Mar. 2022 (円114,432 Mil) but then
increased
from Mar. 2022 (円114,432 Mil) to Mar. 2023 (円159,961 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. The 77 Bank's Enterprise Value for Today is 円-115,511 Mil.
The 77 Bank Market Cap Historical Data
The historical data trend for The 77 Bank'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.
Competitive Comparison of The 77 Bank's Market Cap
For the Banks - Regional subindustry, The 77 Bank'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.
The 77 Bank's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, The 77 Bank's Market Cap distribution charts can be found below:
* The bar in red indicates where The 77 Bank's Market Cap falls into.
The 77 Bank 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.
The 77 Bank's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as
* 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.
The 77 Bank (TSE:8341) 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.
The 77 Bank Market Cap Related Terms
Thank you for viewing the detailed overview of The 77 Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
The 77 Bank Ltd operates mostly in the Miyagi prefecture of Japan, which is in the southeast Tohoku region of the island of Honshu, and the bank's strategy emphasizes the prefecture's link between Tohoku and Tokyo. The bank is a group that engages in leasing, credit card, and other financial services in addition to the banking business. Most of the bank's earning assets are almost entirely from loans and bills discounted and investment securities. As such, a majority of the bank's income comes from interest on loans and discounts, and interest and dividends on trading accounts and investment securities.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
TSE:8341 has been successfully added to your 