Thaire Life Assurance PCL's quarterly market cap
declined
from Sep. 2023 (฿2,086 Mil) to Dec. 2023 (฿1,598 Mil) and
declined
from Dec. 2023 (฿1,598 Mil) to Mar. 2024 (฿1,354 Mil).
Thaire Life Assurance PCL's annual market cap
increased
from Dec. 2021 (฿1,968 Mil) to Dec. 2022 (฿2,556 Mil) but then
declined
from Dec. 2022 (฿2,556 Mil) to Dec. 2023 (฿1,598 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. Thaire Life Assurance PCL's Enterprise Value for Today is ฿1,078 Mil.
Thaire Life Assurance PCL Market Cap Historical Data
* 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 Thaire Life Assurance PCL's Market Cap
For the Insurance - Reinsurance subindustry, Thaire Life Assurance PCL'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.
Thaire Life Assurance PCL's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Thaire Life Assurance PCL's Market Cap distribution charts can be found below:
* The bar in red indicates where Thaire Life Assurance PCL's Market Cap falls into.
Thaire Life Assurance PCL 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.
* 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.
Thaire Life Assurance PCL (BKK:THREL) 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.
Thaire Life Assurance PCL Market Cap Related Terms
Thank you for viewing the detailed overview of Thaire Life Assurance PCL's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Thaire Life Assurance PCL (BKK:THREL) Business Description
Thaire Life Assurance PCL is a local reinsurer in Thailand. The company is engaged in the provision of life reinsurance such as ordinary life, group life, credit life and personal accident and health. It operates through the Conventional and Non-Conventional product segments. The conventional product line includes products that are already available in the market. The non-conventional products refer to new types of products, which are introduced by the group in cooperation with other life insurance companies. Geographically the activities are functioned through Thailand.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
BKK:THREL has been successfully added to your 