Therma BrightTSXV:THRM Market Cap is C$3.37 Mil as of Jul. 04, 2026. The stock has 5 warning signs investors should review. Among 868 Medical Devices & Instruments companies, Therma Bright ranks worse than 95.85% on this metric.
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). Therma Bright's share price for the quarter that ended in Apr. 2026 was C$0.055. Therma Bright's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 61.25 Mil. Therefore, Therma Bright's market cap for the quarter that ended in Apr. 2026 was C$3.37 Mil.
Therma Bright's quarterly market cap
declined
from Oct. 2025 (C$4.59 Mil) to Jan. 2026 (C$3.98 Mil) and
declined
from Jan. 2026 (C$3.98 Mil) to Apr. 2026 (C$3.37 Mil).
Therma Bright's annual market cap
increased
from Jul. 2023 (C$10.30 Mil) to Jul. 2024 (C$10.88 Mil) but then
declined
from Jul. 2024 (C$10.88 Mil) to Jul. 2025 (C$4.06 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. Therma Bright's Enterprise Value for Today is C$3.38 Mil.
Therma Bright (TSXV:THRM) 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.
Therma Bright Market Cap Related Terms
Therma Bright Market Cap Historical Data
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The historical data trend for Therma Bright'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.
For the Medical Devices subindustry, Therma Bright'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.
Therma Bright Market Cap vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Therma Bright's Market Cap distribution charts can be found below:
* The bar in red indicates where Therma Bright's Market Cap falls into.
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.
Therma Bright's Market Cap for the fiscal year that ended in Jul. 2025 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.
Therma Bright (TSXV:THRM) has a Market Cap of C$3.37 Mil as of Jul. 04, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Therma Bright and its competitors. According to the industry distribution chart, Therma Bright ranks #832 out of 868 companies in the Medical Devices & Instruments industry, placing it in the top 95.9%.
Is Therma Bright's Market Cap too high?
Therma Bright's current Market Cap is C$3.37 Mil. Based on the distribution chart, Therma Bright ranks #832 out of 868 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers.
How does Therma Bright's Market Cap compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Therma Bright ranks #832 out of 868 companies for Market Cap. This places Therma Bright in the lower half of its industry. The industry median Market Cap is 122.08. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Medical Devices & Instruments company?
The median Market Cap among Medical Devices & Instruments companies is 122.08, based on 868 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Therma Bright and its competitors. For the Medical Devices & Instruments industry, the median Market Cap is 122.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Therma Bright's current Market Cap is C$3.37 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Therma Bright stock overvalued right now?
Therma Bright (TSXV:THRM) has a current Market Cap of C$3.37 Mil. The current Market Cap is C$3.37 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Therma Bright (TSXV:THRM), the current Market Cap is C$3.37 Mil as of Jul. 04, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Therma Bright Inc is a developer and partner in a range of proprietary diagnostic and medical device technologies focused on providing consumers and medical professionals with solutions to address important medical and healthcare challenges. The Company is developing, acquiring, manufacturing and marketing proprietary healthcare and medical devices for the consumer and institutional marketplace focused on 3 key strategic areas: respiratory disease, vascular health, and consumer medical devices.
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