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). Swiss Re AG's share price for the quarter that ended in Dec. 2023 was CHF94.56. Swiss Re AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 290 Mil. Therefore, Swiss Re AG's market cap for the quarter that ended in Dec. 2023 was CHF27,461 Mil.
Swiss Re AG's quarterly market cap
increased
from Dec. 2022 (CHF24,992 Mil) to Jun. 2023 (CHF26,020 Mil) and
increased
from Jun. 2023 (CHF26,020 Mil) to Dec. 2023 (CHF27,461 Mil).
Swiss Re AG's annual market cap
declined
from Dec. 2021 (CHF26,081 Mil) to Dec. 2022 (CHF24,992 Mil) but then
increased
from Dec. 2022 (CHF24,992 Mil) to Dec. 2023 (CHF27,461 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. Swiss Re AG's Enterprise Value for Today is CHF33,757 Mil.
Swiss Re AG Market Cap Historical Data
The historical data trend for Swiss Re AG'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 Swiss Re AG's Market Cap
For the Insurance - Reinsurance subindustry, Swiss Re AG'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.
Swiss Re AG's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Swiss Re AG's Market Cap distribution charts can be found below:
* The bar in red indicates where Swiss Re AG's Market Cap falls into.
Swiss Re AG 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.
Swiss Re AG'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.
Swiss Re AG (XSWX:SREN) 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.
Swiss Re AG Market Cap Related Terms
Thank you for viewing the detailed overview of Swiss Re AG's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Swiss Re is a reinsurer that has three core divisions: property and casualty reinsurance, life and health reinsurance, and corporate solutions. Swiss Re was founded in 1863 when the general manager of Helvetia sought to stem the flow of reinsurance premiums outside Switzerland. Moritz Grossmann argued he could cut the premiums paid to foreign firms, still make a profit, and pay mid-single-digit dividends. Swiss Re is now the second-largest reinsurer in the world by market cap, has 80 offices globally, and employs nearly 15,000 people. While the business did lose its way in the early part of the millennium, led by an ex-investment banker who took the business heavily into securitizations, lately Swiss Re has been focused on establishing quality within its three core divisions.
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