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Eghtesad Novin Bank (XTEH:NOVN1) Market Cap : IRR0.00 Mil (As of Jun. 25, 2024)


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What is Eghtesad Novin Bank 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). Eghtesad Novin Bank's share price for the quarter that ended in . 20 was IRR. Eghtesad Novin Bank's Shares Outstanding (EOP) for the quarter that ended in . 20 was 0.00 Mil. Therefore, Eghtesad Novin Bank's market cap for the quarter that ended in . 20 was IRR 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. Eghtesad Novin Bank's Enterprise Value for Today is IRR0.00 Mil.


Eghtesad Novin Bank Market Cap Historical Data

The historical data trend for Eghtesad Novin Bank'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.

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Eghtesad Novin Bank Market Cap Chart

Eghtesad Novin Bank Annual Data
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Market Cap

Eghtesad Novin Bank Semi-Annual Data
Market Cap

Competitive Comparison of Eghtesad Novin Bank's Market Cap

For the Banks - Regional subindustry, Eghtesad Novin Bank'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.


Eghtesad Novin Bank's Market Cap Distribution in the Banks Industry

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

* The bar in red indicates where Eghtesad Novin Bank's Market Cap falls into.



Eghtesad Novin Bank 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.

Eghtesad Novin Bank's Market Cap for the fiscal year that ended in . 20 is calculated as

Market Cap (A: . 20 )=Share Price (A: . 20 )*Shares Outstanding (EOP) (A: . 20 )
=IRR*
=IRR

Eghtesad Novin Bank's Market Cap for the quarter that ended in . 20 is calculated as

Market Cap (Q: . 20 )=Share Price (Q: . 20 )*Shares Outstanding (EOP) (Q: . 20 )
=IRR*0
=IRR

* 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.


Eghtesad Novin Bank  (XTEH:NOVN1) 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.


Eghtesad Novin Bank Market Cap Related Terms

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Eghtesad Novin Bank (XTEH:NOVN1) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No 24, Esfandiar Boulevard, Valiasr Avenue, P.O. Box 19395-3796, Tehran, IRN, 1968655944
Eghtesad Novin Bank provides banking and financial services. The company offers retail banking, corporate banking, electronic banking, international banking and securities trading, and insurance, among others.

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