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). Olympic Steel's share price for the quarter that ended in Sep. 2024 was $39. Olympic Steel's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 11 Mil. Therefore, Olympic Steel's market cap for the quarter that ended in Sep. 2024 was $434 Mil.
Olympic Steel's quarterly market cap
declined
from Mar. 2024 ($789 Mil) to Jun. 2024 ($499 Mil) and
declined
from Jun. 2024 ($499 Mil) to Sep. 2024 ($434 Mil).
Olympic Steel's annual market cap
increased
from Dec. 2021 ($261 Mil) to Dec. 2022 ($374 Mil) and
increased
from Dec. 2022 ($374 Mil) to Dec. 2023 ($743 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. Olympic Steel's Enterprise Value for Today is $673 Mil.
Olympic Steel Market Cap Historical Data
The historical data trend for Olympic Steel'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 Olympic Steel's Market Cap
For the Steel subindustry, Olympic Steel'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.
Olympic Steel's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Olympic Steel's Market Cap distribution charts can be found below:
* The bar in red indicates where Olympic Steel's Market Cap falls into.
Olympic Steel 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.
Olympic Steel'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.
Olympic Steel (NAS:ZEUS) 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.
Olympic Steel Market Cap Related Terms
Thank you for viewing the detailed overview of Olympic Steel's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.
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