ITC (LUX:ITC) Market Cap : $65,545 Mil (As of May. 26, 2024)

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What is ITC 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). ITC's share price for the quarter that ended in Mar. 2024 was $5.15. ITC's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 12,485 Mil. Therefore, ITC's market cap for the quarter that ended in Mar. 2024 was $64,296 Mil.

ITC's quarterly market cap increased from Sep. 2023 ($66,719 Mil) to Dec. 2023 ($69,240 Mil) but then declined from Dec. 2023 ($69,240 Mil) to Mar. 2024 ($64,296 Mil).

ITC's annual market cap increased from Mar. 2022 ($40,667 Mil) to Mar. 2023 ($57,914 Mil) and increased from Mar. 2023 ($57,914 Mil) to Mar. 2024 ($64,296 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. ITC's Enterprise Value for Today is $63,058 Mil.

ITC Market Cap Historical Data

The historical data trend for ITC'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.

ITC Market Cap Chart

ITC Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Market Cap

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28,026.22

36,680.22

40,666.89

57,914.48

64,296.21

ITC 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															57,914.48	68,417.25	66,719.32	69,239.58	64,296.21

Competitive Comparison of ITC's Market Cap

For the Tobacco subindustry, ITC'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.

ITC's Market Cap Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, ITC's Market Cap distribution charts can be found below:

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

ITC 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.

ITC'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 )
	=	$5.15	*	12484.7
	=	$64,296

ITC'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 )
	=	$5.15	*	12484.7
	=	$64,296

ITC (LUX:ITC) 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.

ITC Market Cap Related Terms

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ITC (LUX:ITC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » ITC Ltd (LUX:ITC) » Definitions » Market Cap

Comparable Companies

Traded in Other Exchanges

ITC:India 500875:India

Address

37 Jawaharlal Nehru Road, Virginia House, Kolkata, WB, IND, 700 071

Website

https://www.itcportal.com

ITC Ltd is an Indian conglomerate that primarily operates in the consumer goods space, particularly cigarettes. The company operates in four main business segments: Fast Moving Consumer Goods; Hotels; Paperboards, Paper, and Packaging; and Agri-Business. Roughly three-quarters of the company's total revenue comes from the Fast Moving Consumer Goods Business, which is dominated by cigarettes but also includes branded packaged foods, personal care products, and other categories. The company generates the vast majority of its revenue in India.