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). Talanx AG's share price for the quarter that ended in Dec. 2023 was €64.65. Talanx AG's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 258 Mil. Therefore, Talanx AG's market cap for the quarter that ended in Dec. 2023 was €16,695 Mil.
Talanx AG's quarterly market cap
increased
from Jun. 2023 (€13,314 Mil) to Sep. 2023 (€15,494 Mil) and
increased
from Sep. 2023 (€15,494 Mil) to Dec. 2023 (€16,695 Mil).
Talanx AG's annual market cap
increased
from Dec. 2021 (€10,767 Mil) to Dec. 2022 (€11,229 Mil) and
increased
from Dec. 2022 (€11,229 Mil) to Dec. 2023 (€16,695 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. Talanx AG's Enterprise Value for Today is €22,415 Mil.
Talanx AG Market Cap Historical Data
The historical data trend for Talanx 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.
For the Insurance - Diversified subindustry, Talanx 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.
Talanx AG's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Talanx AG's Market Cap distribution charts can be found below:
* The bar in red indicates where Talanx AG's Market Cap falls into.
Talanx 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.
Talanx 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.
Talanx AG (XTER:TLX) 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.
Talanx AG Market Cap Related Terms
Thank you for viewing the detailed overview of Talanx AG's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Talanx is the third largest insurer in Germany. It sells insurance to businesses, personal lines insurance, and also reinsurance. The origins of Talanx go back to the early 1900s and the founding of two mutuals in Germany, HDI and FSV, that were set up to provide liability insurance to the German iron and steel industry, and fire insurance to the German mining industry because of a growing dissatisfaction with their insurance providers, respectively. These two mutuals merged to form Halfplichtverband der Deutschen Industrie, or HDI, in 1970. Over the years companies outside of metals and mining have joined the mutual.HDI started providing reinsurance services in the mid-1920s and private insurance in the 1950s, and today, HDI owns over three quarters of Talanx.
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