Rainbow Tourism Group's quarterly market cap
increased
from Dec. 2021 (ZWG19,464.9 Mil) to Jun. 2022 (ZWG26,202.8 Mil) but then
declined
from Jun. 2022 (ZWG26,202.8 Mil) to Dec. 2022 (ZWG22,135.1 Mil).
Rainbow Tourism Group's annual market cap
increased
from Dec. 2021 (ZWG19,464.9 Mil) to Dec. 2022 (ZWG22,135.1 Mil) and
increased
from Dec. 2022 (ZWG22,135.1 Mil) to Dec. 2023 (ZWG399,280.0 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. Rainbow Tourism Group's Enterprise Value for Today is ZWG162,207.2 Mil.
* 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 Rainbow Tourism Group's Market Cap
For the Lodging subindustry, Rainbow Tourism Group'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.
Rainbow Tourism Group's Market Cap Distribution in the Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Rainbow Tourism Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Rainbow Tourism Group's Market Cap falls into.
Rainbow Tourism Group 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.
Rainbow Tourism Group'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.
Rainbow Tourism Group (XZIM:RTG.ZW) 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.
Rainbow Tourism Group Market Cap Related Terms
Thank you for viewing the detailed overview of Rainbow Tourism Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Rainbow Tourism Group Ltd is a Zimbabwe-based hospitality management company. It is engaged in providing hotel and conferencing facilities in Zimbabwe. It derives revenue through the sources of room revenue; food beverages and conferencing; and other operating activities. The hotels of the company include Rainbow Towers Hotel & Conference Centre, New Ambassador Hotel, Kadoma Hotel & Conference Centre, Bulawayo Rainbow Hotel, A'Zambezi River Lodge, and Victoria Falls Rainbow Hotel-Victoria Falls.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
XZIM:RTG.ZW has been successfully added to your 