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Ascom Leasing & Investments (NSE:ASCOM) Market Cap : ₹1,853.2 Mil (As of Jun. 08, 2024)


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What is Ascom Leasing & Investments 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). Ascom Leasing & Investments's share price for the quarter that ended in Mar. 2023 was ₹307. Ascom Leasing & Investments's Shares Outstanding (EOP) for the quarter that ended in Mar. 2023 was 11.7 Mil. Therefore, Ascom Leasing & Investments's market cap for the quarter that ended in Mar. 2023 was ₹3,596.3 Mil.

Ascom Leasing & Investments's quarterly market cap declined from Mar. 2021 (₹340.9 Mil) to Mar. 2022 (₹260.8 Mil) but then increased from Mar. 2022 (₹260.8 Mil) to Mar. 2023 (₹3,596.3 Mil).

Ascom Leasing & Investments's annual market cap declined from Mar. 2021 (₹340.9 Mil) to Mar. 2022 (₹260.8 Mil) but then increased from Mar. 2022 (₹260.8 Mil) to Mar. 2023 (₹3,596.3 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. Ascom Leasing & Investments's Enterprise Value for Today is ₹1,827.7 Mil.


Ascom Leasing & Investments Market Cap Historical Data

The historical data trend for Ascom Leasing & Investments'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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Ascom Leasing & Investments Market Cap Chart

Ascom Leasing & Investments Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial - 271.38 340.88 260.84 3,596.26

Ascom Leasing & Investments Semi-Annual Data
Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap Get a 7-Day Free Trial - 271.38 340.88 260.84 3,596.26

Competitive Comparison of Ascom Leasing & Investments's Market Cap

For the Credit Services subindustry, Ascom Leasing & Investments'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.


Ascom Leasing & Investments's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Ascom Leasing & Investments's Market Cap distribution charts can be found below:

* The bar in red indicates where Ascom Leasing & Investments's Market Cap falls into.



Ascom Leasing & Investments 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.

Ascom Leasing & Investments's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹307*11.7142
=₹3,596.3

Ascom Leasing & Investments's Market Cap for the quarter that ended in Mar. 2023 is calculated as

Market Cap (Q: Mar. 2023 )=Share Price (Q: Mar. 2023 )*Shares Outstanding (EOP) (Q: Mar. 2023 )
=₹307*11.7142
=₹3,596.3

* 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.


Ascom Leasing & Investments  (NSE:ASCOM) 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.


Ascom Leasing & Investments Market Cap Related Terms

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Ascom Leasing & Investments (NSE:ASCOM) Business Description

Traded in Other Exchanges
N/A
Address
Aditya Group 331-336, VIP Road Vesu, 3rd Floor, Four Point Complex, Besides Manibha Park, Surat, GJ, IND, 395007
Ascom Leasing & Investments Ltd is a non-banking finance company engaged in the business of finance and lending. The company provides term loans, mortgage financing, personal loans, Gold loans, and Projected loans.

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