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). Mitsubishi Electric's share price for the quarter that ended in Mar. 2024 was $33.32. Mitsubishi Electric's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,045 Mil. Therefore, Mitsubishi Electric's market cap for the quarter that ended in Mar. 2024 was $34,812 Mil.
Mitsubishi Electric's quarterly market cap
increased
from Sep. 2023 ($25,888 Mil) to Dec. 2023 ($29,452 Mil) and
increased
from Dec. 2023 ($29,452 Mil) to Mar. 2024 ($34,812 Mil).
Mitsubishi Electric's annual market cap
increased
from Mar. 2022 ($24,182 Mil) to Mar. 2023 ($25,098 Mil) and
increased
from Mar. 2023 ($25,098 Mil) to Mar. 2024 ($34,973 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. Mitsubishi Electric's Enterprise Value for Today is $33,412 Mil.
Mitsubishi Electric Market Cap Historical Data
The historical data trend for Mitsubishi Electric'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.
Competitive Comparison of Mitsubishi Electric's Market Cap
For the Electrical Equipment & Parts subindustry, Mitsubishi Electric'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.
Mitsubishi Electric's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Mitsubishi Electric's Market Cap distribution charts can be found below:
* The bar in red indicates where Mitsubishi Electric's Market Cap falls into.
Mitsubishi Electric 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.
Mitsubishi Electric's Market Cap for the fiscal year that ended in Mar. 2024 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.
Mitsubishi Electric (OTCPK:MIELY) 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.
Mitsubishi Electric Market Cap Related Terms
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Mitsubishi Electric (Mitsubishi Electric) Business Description
Mitsubishi Electric is a general electric diversified industrials company that develops, manufactures and sells electrical equipment worldwide. The company's core segments include: industrial automation systems, energy and electric systems, electric devices, information and communication systems, and home appliances (which includes commercial air conditioning). Mitsubishi Electric was founded in 1921 and is headquartered in Tokyo.
Mitsubishi Electric (Mitsubishi Electric) Headlines
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