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Polar Capital Global Financials Trust (LSE:PCFT) Market Cap : £510.38 Mil (As of Jun. 11, 2024)


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What is Polar Capital Global Financials Trust 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). Polar Capital Global Financials Trust's share price for the quarter that ended in Nov. 2023 was £1.388. Polar Capital Global Financials Trust's Shares Outstanding (EOP) for the quarter that ended in Nov. 2023 was 308.86 Mil. Therefore, Polar Capital Global Financials Trust's market cap for the quarter that ended in Nov. 2023 was £428.70 Mil.

Polar Capital Global Financials Trust's quarterly market cap declined from Nov. 2022 (£503.06 Mil) to May. 2023 (£432.74 Mil) and declined from May. 2023 (£432.74 Mil) to Nov. 2023 (£428.70 Mil).

Polar Capital Global Financials Trust's annual market cap increased from Nov. 2021 (£469.53 Mil) to Nov. 2022 (£503.06 Mil) but then declined from Nov. 2022 (£503.06 Mil) to Nov. 2023 (£428.70 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. Polar Capital Global Financials Trust's Enterprise Value for Today is £543.01 Mil.


Polar Capital Global Financials Trust Market Cap Historical Data

The historical data trend for Polar Capital Global Financials Trust'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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Polar Capital Global Financials Trust Market Cap Chart

Polar Capital Global Financials Trust Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 291.49 167.96 469.53 503.06 428.70

Polar Capital Global Financials Trust Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 469.53 505.91 503.06 432.74 428.70

Competitive Comparison of Polar Capital Global Financials Trust's Market Cap

For the Asset Management subindustry, Polar Capital Global Financials Trust'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.


Polar Capital Global Financials Trust's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Polar Capital Global Financials Trust's Market Cap distribution charts can be found below:

* The bar in red indicates where Polar Capital Global Financials Trust's Market Cap falls into.



Polar Capital Global Financials Trust 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.

Polar Capital Global Financials Trust's Market Cap for the fiscal year that ended in Nov. 2023 is calculated as

Market Cap (A: Nov. 2023 )=Share Price (A: Nov. 2023 )*Shares Outstanding (EOP) (A: Nov. 2023 )
=£1.388*308.862
=£428.70

Polar Capital Global Financials Trust's Market Cap for the quarter that ended in Nov. 2023 is calculated as

Market Cap (Q: Nov. 2023 )=Share Price (Q: Nov. 2023 )*Shares Outstanding (EOP) (Q: Nov. 2023 )
=£1.388*308.862
=£428.70

* 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.


Polar Capital Global Financials Trust  (LSE:PCFT) 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.


Polar Capital Global Financials Trust Market Cap Related Terms

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Polar Capital Global Financials Trust (LSE:PCFT) Business Description

Traded in Other Exchanges
Address
16 Palace Street, London, GBR, SW1E 5JD
Polar Capital Global Financials Trust PLC is an asset management firm based in the United Kingdom. Its core objective is to provide its investors with a growing dividend income with capital appreciation. To achieve this, the company invests in listed or quoted securities issued by companies in the financial sector operating in the banking, insurance, property, and other subsectors. Its portfolio entails equities, index-linked and other debt securities, cash deposits, money market instruments, foreign currency exchange transactions, forward transactions, index options, and other instruments, including derivatives. It has a diversified portfolio of investments in different geographical regions such as North America, Europe, Asia, the United Kingdom, Latin America, Japan, and East Europe.

Polar Capital Global Financials Trust (LSE:PCFT) Headlines

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