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Glarner Kantonalbank (XSWX:GLKBN) Market Cap : CHF287.55 Mil (As of May. 16, 2024)


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What is Glarner Kantonalbank Market Cap?

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). Glarner Kantonalbank's share price for the quarter that ended in Dec. 2023 was CHF22.9. Glarner Kantonalbank's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 13.50 Mil. Therefore, Glarner Kantonalbank's market cap for the quarter that ended in Dec. 2023 was CHF309.15 Mil.

Glarner Kantonalbank's quarterly market cap declined from Dec. 2022 (CHF334.80 Mil) to Jun. 2023 (CHF322.65 Mil) and declined from Jun. 2023 (CHF322.65 Mil) to Dec. 2023 (CHF309.15 Mil).

Glarner Kantonalbank's annual market cap declined from Dec. 2021 (CHF369.90 Mil) to Dec. 2022 (CHF334.80 Mil) and declined from Dec. 2022 (CHF334.80 Mil) to Dec. 2023 (CHF309.15 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. Glarner Kantonalbank's Enterprise Value for Today is CHF1,753.44 Mil.


Glarner Kantonalbank Market Cap Historical Data

The historical data trend for Glarner Kantonalbank'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.

* Premium members only.

Glarner Kantonalbank Market Cap Chart

Glarner Kantonalbank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 382.95 342.70 369.90 334.80 309.15

Glarner Kantonalbank Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 342.90 345.60 334.80 322.65 309.15

Competitive Comparison of Glarner Kantonalbank's Market Cap

For the Banks - Regional subindustry, Glarner Kantonalbank'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.


Glarner Kantonalbank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Glarner Kantonalbank's Market Cap distribution charts can be found below:

* The bar in red indicates where Glarner Kantonalbank's Market Cap falls into.



Glarner Kantonalbank 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.

Glarner Kantonalbank's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=CHF22.9*13.5
=CHF309.15

Glarner Kantonalbank's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=CHF22.9*13.5
=CHF309.15

* 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.


Glarner Kantonalbank  (XSWX:GLKBN) 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 company’s 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.


Glarner Kantonalbank Market Cap Related Terms

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Glarner Kantonalbank (XSWX:GLKBN) Business Description

Traded in Other Exchanges
Address
Hauptstrasse 21, PO Box 365, Glarus, CHE, 8750
Glarner Kantonalbank provides banking and financial services. Its services includes e-banking, private, savings, and investment banking services. It focuses on the mortgage and savings business as well as the asset management and investment business. The Bank provides its services to customers in the Canton of Glarus and in the neighboring economic area.

Glarner Kantonalbank (XSWX:GLKBN) Headlines

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