Discover Financial Services's quarterly market cap
declined
from Jun. 2023 (€26,781 Mil) to Sep. 2023 (€20,675 Mil) but then
increased
from Sep. 2023 (€20,675 Mil) to Dec. 2023 (€25,473 Mil).
Discover Financial Services's annual market cap
declined
from Dec. 2021 (€29,467 Mil) to Dec. 2022 (€24,377 Mil) but then
increased
from Dec. 2022 (€24,377 Mil) to Dec. 2023 (€25,473 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. Discover Financial Services's Enterprise Value for Today is €22,829 Mil.
Discover Financial Services Market Cap Historical Data
* 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 Discover Financial Services's Market Cap
For the Credit Services subindustry, Discover Financial Services'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.
Discover Financial Services's Market Cap Distribution in the Credit Services Industry
For the Credit Services industry and Financial Services sector, Discover Financial Services's Market Cap distribution charts can be found below:
* The bar in red indicates where Discover Financial Services's Market Cap falls into.
Discover Financial Services 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.
* 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.
Discover Financial Services (WBO:DFS) 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.
Discover Financial Services Market Cap Related Terms
Thank you for viewing the detailed overview of Discover Financial Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Discover Financial Services (WBO:DFS) Business Description
Discover Financial Services is a bank operating in two distinct segments: direct banking and payment services. The company issues credit and debit cards and provides other consumer banking products including deposit accounts, students loans, and other personal loans. It also operates the Discover, Pulse, and Diners Club networks. The Discover network is the fourth-largest payment network in the United States as ranked by overall purchase volume, and Pulse is one of the largest ATM networks in the country.
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