Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Market Cap : $17,260 Mil (As of Apr. 27, 2024)

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What is Telefonaktiebolaget L M Ericsson 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). Telefonaktiebolaget L M Ericsson's share price for the quarter that ended in Mar. 2024 was $5.51. Telefonaktiebolaget L M Ericsson's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 3,332 Mil. Therefore, Telefonaktiebolaget L M Ericsson's market cap for the quarter that ended in Mar. 2024 was $18,359 Mil.

Telefonaktiebolaget L M Ericsson's quarterly market cap increased from Sep. 2023 ($16,184 Mil) to Dec. 2023 ($20,980 Mil) but then declined from Dec. 2023 ($20,980 Mil) to Mar. 2024 ($18,359 Mil).

Telefonaktiebolaget L M Ericsson's annual market cap declined from Dec. 2021 ($36,199 Mil) to Dec. 2022 ($19,448 Mil) but then increased from Dec. 2022 ($19,448 Mil) to Dec. 2023 ($20,980 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. Telefonaktiebolaget L M Ericsson's Enterprise Value for Today is $17,507 Mil.

Telefonaktiebolaget L M Ericsson Market Cap Historical Data

The historical data trend for Telefonaktiebolaget L M Ericsson'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.

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Telefonaktiebolaget L M Ericsson Market Cap Chart

Telefonaktiebolaget L M Ericsson Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Market Cap

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29,099.55

39,770.91

36,198.62

19,448.02

20,979.88

Telefonaktiebolaget L M Ericsson 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															19,480.50	18,148.50	16,183.80	20,979.88	18,359.15

Competitive Comparison of Telefonaktiebolaget L M Ericsson's Market Cap

For the Communication Equipment subindustry, Telefonaktiebolaget L M Ericsson'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.

Telefonaktiebolaget L M Ericsson's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Telefonaktiebolaget L M Ericsson's Market Cap distribution charts can be found below:

* The bar in red indicates where Telefonaktiebolaget L M Ericsson's Market Cap falls into.

Telefonaktiebolaget L M Ericsson 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.

Telefonaktiebolaget L M Ericsson'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 )
	=	$6.3	*	3330.14
	=	$20,980

Telefonaktiebolaget L M Ericsson'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 )
	=	$5.51	*	3331.97
	=	$18,359

Telefonaktiebolaget L M Ericsson (NAS:ERIC) 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.

Telefonaktiebolaget L M Ericsson Market Cap Related Terms

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Telefonaktiebolaget L M Ericsson (Telefonaktiebolaget L M Ericsson) Business Description

Industry

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Comparable Companies

Address

Torshamnsgatan 21, Kista, Stockholm, SWE, SE-164 83

Website

https://www.ericsson.com

Ericsson provides telecom equipment and services that are primarily used to build and facilitate mobile networks through operations in three segments: networks, cloud and software services, and enterprises. The firm's customers have historically been primarily wireless carriers, but the firm is making a push to cater more to other enterprises as well, both as they try to take advantage of 5G capabilities and on other "as-a-service" communications platforms. The company also licenses its patents to handset manufacturers so their devices are compatible with wireless networks.