GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Tianfangbiao Standardization Certification and Testing Co Ltd (BJSE:871753) » Definitions » Market Cap

Tianfangbiao Standardization Certification and Testing Co (BJSE:871753) Market Cap : ¥2,160.5 Mil (As of Jun. 10, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Tianfangbiao Standardization Certification and Testing Co 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). Tianfangbiao Standardization Certification and Testing Co's share price for the quarter that ended in Mar. 2024 was ¥31.26. Tianfangbiao Standardization Certification and Testing Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 81.4 Mil. Therefore, Tianfangbiao Standardization Certification and Testing Co's market cap for the quarter that ended in Mar. 2024 was ¥2,544.7 Mil.

Tianfangbiao Standardization Certification and Testing Co's quarterly market cap increased from Sep. 2023 (¥581.2 Mil) to Dec. 2023 (¥1,499.5 Mil) and increased from Dec. 2023 (¥1,499.5 Mil) to Mar. 2024 (¥2,544.7 Mil).

Tianfangbiao Standardization Certification and Testing Co's annual market cap declined from Dec. 2021 (¥1,402.8 Mil) to Dec. 2022 (¥600.0 Mil) but then increased from Dec. 2022 (¥600.0 Mil) to Dec. 2023 (¥1,499.5 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. Tianfangbiao Standardization Certification and Testing Co's Enterprise Value for Today is ¥2,001.1 Mil.


Tianfangbiao Standardization Certification and Testing Co Market Cap Historical Data

The historical data trend for Tianfangbiao Standardization Certification and Testing Co'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.

* Premium members only.

Tianfangbiao Standardization Certification and Testing Co Market Cap Chart

Tianfangbiao Standardization Certification and Testing Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only - 1,514.51 1,402.82 599.95 1,499.47

Tianfangbiao Standardization Certification and Testing Co Quarterly Data
Dec18 Jun19 Sep19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 620.30 595.07 581.23 1,499.47 2,544.70

Competitive Comparison of Tianfangbiao Standardization Certification and Testing Co's Market Cap

For the Specialty Business Services subindustry, Tianfangbiao Standardization Certification and Testing Co'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.


Tianfangbiao Standardization Certification and Testing Co's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tianfangbiao Standardization Certification and Testing Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Tianfangbiao Standardization Certification and Testing Co's Market Cap falls into.



Tianfangbiao Standardization Certification and Testing Co 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.

Tianfangbiao Standardization Certification and Testing Co's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=¥18.42*81.4044
=¥1,499.5

Tianfangbiao Standardization Certification and Testing Co's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=¥31.26*81.4044
=¥2,544.7

* 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.


Tianfangbiao Standardization Certification and Testing Co  (BJSE:871753) 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.


Tianfangbiao Standardization Certification and Testing Co Market Cap Related Terms

Thank you for viewing the detailed overview of Tianfangbiao Standardization Certification and Testing Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Tianfangbiao Standardization Certification and Testing Co (BJSE:871753) Business Description

Traded in Other Exchanges
N/A
Address
No. 158, Hanghai Road,, Tianjin Pilot Free Trade Zone, Airport Economic Zone, Tianjin, CHN, 300308
Tianfangbiao Standardization Certification and Testing Co Ltd engage in testing and inspection services for consumer goods, medical devices, and industrial products. Its services comprise Product quality testing and certification services; technical consultation and technical services for textile testing and testing standards; development, consulting, service, transfer, and standard formulation of product quality testing technologies; development, sales, appraisal, and leasing of testing equipment; entrusted testing of product quality.

Tianfangbiao Standardization Certification and Testing Co (BJSE:871753) Headlines

No Headlines