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). Sompo Holdings's share price for the quarter that ended in Dec. 2023 was 円2298.67. Sompo Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 988 Mil. Therefore, Sompo Holdings's market cap for the quarter that ended in Dec. 2023 was 円2,270,042 Mil.
Sompo Holdings's quarterly market cap
declined
from Jun. 2023 (円2,149,404 Mil) to Sep. 2023 (円2,117,635 Mil) but then
increased
from Sep. 2023 (円2,117,635 Mil) to Dec. 2023 (円2,270,042 Mil).
Sompo Holdings's annual market cap
increased
from Mar. 2021 (円1,505,726 Mil) to Mar. 2022 (円1,843,552 Mil) but then
declined
from Mar. 2022 (円1,843,552 Mil) to Mar. 2023 (円1,749,359 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. Sompo Holdings's Enterprise Value for Today is 円2,311,788 Mil.
Sompo Holdings Market Cap Historical Data
The historical data trend for Sompo Holdings'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 Sompo Holdings's Market Cap
For the Insurance - Property & Casualty subindustry, Sompo Holdings'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.
Sompo Holdings's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Sompo Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Sompo Holdings's Market Cap falls into.
Sompo Holdings 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.
Sompo Holdings'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.
Sompo Holdings (TSE:8630) 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.
Sompo Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Sompo Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sompo Holdings was formed in 2010 after the merger of the former Sompo Japan and Nipponkoa Insurance. The name Sompo, which literally just means "nonlife insurance" in Japanese, was adopted as a common brand in 2001 for a planned three-way merger of Yasuda Fire, Nissan Fire, and Taisei Fire, although that deal had to be reworked after Taisei Fire's sudden bankruptcy from Sept. 11 losses. In the last few years Sompo has worked to integrate the former Nipponkoa, which before the merger had been somewhat of an industry laggard, to improve overall efficiency. Although Nissan Fire is one of its predecessor firms, in reality Sompo's development has been mainly driven by the former Yasuda Fire and the group has balanced ties to most of Japan's automakers, rather than focusing on Nissan.
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