Greenlight Capital Re's quarterly market cap
declined
from Sep. 2023 (€364.0 Mil) to Dec. 2023 (€360.4 Mil) but then
increased
from Dec. 2023 (€360.4 Mil) to Mar. 2024 (€406.2 Mil).
Greenlight Capital Re's annual market cap
increased
from Dec. 2021 (€221.7 Mil) to Dec. 2022 (€261.2 Mil) and
increased
from Dec. 2022 (€261.2 Mil) to Dec. 2023 (€360.4 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. Greenlight Capital Re's Enterprise Value for Today is €418.0 Mil.
* 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 Greenlight Capital Re's Market Cap
For the Insurance - Reinsurance subindustry, Greenlight Capital Re'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.
Greenlight Capital Re's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Greenlight Capital Re's Market Cap distribution charts can be found below:
* The bar in red indicates where Greenlight Capital Re's Market Cap falls into.
Greenlight Capital Re 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.
Greenlight Capital Re'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.
Greenlight Capital Re (FRA:G8L) 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.
Greenlight Capital Re Market Cap Related Terms
Thank you for viewing the detailed overview of Greenlight Capital Re's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Greenlight Capital Re (FRA:G8L) Business Description
Greenlight Capital Re Ltd offers property and casualty reinsurance. Its customers are property and casualty insurers, and Greenlight takes on some of their risk in exchange for insurance premiums. It operates through one operating segment: property and casualty reinsurance. It generates revenue through premiums from reinsurance on property and casualty business assumed, and income from investments. Most of the revenue is generated from policies written in the United States and the Caribbean.
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