Wheaton Precious Metals's quarterly market cap
declined
from Jun. 2023 ($19,577 Mil) to Sep. 2023 ($18,369 Mil) but then
increased
from Sep. 2023 ($18,369 Mil) to Dec. 2023 ($22,354 Mil).
Wheaton Precious Metals's annual market cap
declined
from Dec. 2021 ($19,356 Mil) to Dec. 2022 ($17,677 Mil) but then
increased
from Dec. 2022 ($17,677 Mil) to Dec. 2023 ($22,354 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. Wheaton Precious Metals's Enterprise Value for Today is $23,723 Mil.
Wheaton Precious Metals 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 Wheaton Precious Metals's Market Cap
For the Gold subindustry, Wheaton Precious Metals'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.
Wheaton Precious Metals's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Wheaton Precious Metals's Market Cap distribution charts can be found below:
* The bar in red indicates where Wheaton Precious Metals's Market Cap falls into.
Wheaton Precious Metals 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.
Wheaton Precious Metals's Market Cap for the fiscal year that ended in Dec. 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.
Wheaton Precious Metals (NYSE:WPM) 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.
Wheaton Precious Metals Market Cap Related Terms
Thank you for viewing the detailed overview of Wheaton Precious Metals's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Wheaton Precious Metals (Wheaton Precious Metals) Business Description
Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
WPM has been successfully added to your 