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Modern Steels (BOM:513303) Market Cap : ₹270.43 Mil (As of Jun. 07, 2024)


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What is Modern Steels 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). Modern Steels's share price for the quarter that ended in Mar. 2024 was ₹19.38. Modern Steels's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 13.76 Mil. Therefore, Modern Steels's market cap for the quarter that ended in Mar. 2024 was ₹266.72 Mil.

Modern Steels's quarterly market cap increased from Sep. 2023 (₹248.96 Mil) to Dec. 2023 (₹345.30 Mil) but then declined from Dec. 2023 (₹345.30 Mil) to Mar. 2024 (₹266.72 Mil).

Modern Steels's annual market cap declined from Mar. 2022 (₹326.86 Mil) to Mar. 2023 (₹180.56 Mil) but then increased from Mar. 2023 (₹180.56 Mil) to Mar. 2024 (₹266.72 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. Modern Steels's Enterprise Value for Today is ₹262.73 Mil.


Modern Steels Market Cap Historical Data

The historical data trend for Modern Steels'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.

Modern Steels Market Cap Chart

Modern Steels Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.22 53.67 326.86 180.56 266.72

Modern Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 180.56 207.40 248.96 345.30 266.72

Competitive Comparison of Modern Steels's Market Cap

For the Steel subindustry, Modern Steels'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.


Modern Steels's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Modern Steels's Market Cap distribution charts can be found below:

* The bar in red indicates where Modern Steels's Market Cap falls into.



Modern Steels 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.

Modern Steels's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹19.38*13.7624
=₹266.72

Modern Steels'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 )
=₹19.38*13.7624
=₹266.72

* 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.


Modern Steels  (BOM:513303) 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.


Modern Steels Market Cap Related Terms

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Modern Steels (BOM:513303) Business Description

Traded in Other Exchanges
N/A
Address
SCO 98-99, Sub City Centre, Sector 34, Chandigarh, IND, 160022
Modern Steels Ltd is an Indian company that is engaged in manufacturing steel rolled products. Its product line includes alloy bars and rounds, non-alloy bars and rounds, auto components, and others.

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