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). Hindustan Petroleum's share price for the quarter that ended in Mar. 2024 was ₹475.65. Hindustan Petroleum's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,419 Mil. Therefore, Hindustan Petroleum's market cap for the quarter that ended in Mar. 2024 was ₹674,733 Mil.
Hindustan Petroleum's quarterly market cap
increased
from Sep. 2023 (₹361,659 Mil) to Dec. 2023 (₹565,860 Mil) and
increased
from Dec. 2023 (₹565,860 Mil) to Mar. 2024 (₹674,733 Mil).
Hindustan Petroleum's annual market cap
declined
from Mar. 2022 (₹382,086 Mil) to Mar. 2023 (₹335,913 Mil) but then
increased
from Mar. 2023 (₹335,913 Mil) to Mar. 2024 (₹674,733 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. Hindustan Petroleum's Enterprise Value for Today is ₹1,344,112 Mil.
Hindustan Petroleum Market Cap Historical Data
The historical data trend for Hindustan Petroleum'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 Hindustan Petroleum's Market Cap
For the Oil & Gas Refining & Marketing subindustry, Hindustan Petroleum'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.
Hindustan Petroleum's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Hindustan Petroleum's Market Cap distribution charts can be found below:
* The bar in red indicates where Hindustan Petroleum's Market Cap falls into.
Hindustan Petroleum 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.
Hindustan Petroleum'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.
Hindustan Petroleum (NSE:HINDPETRO) 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.
Hindustan Petroleum Market Cap Related Terms
Thank you for viewing the detailed overview of Hindustan Petroleum's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hindustan Petroleum (NSE:HINDPETRO) Business Description
Hindustan Petroleum Corp Ltd. (HPCL) is an Indian government enterprise that refines crude oil and manufactures petroleum-based products. The company operates a diverse group of refineries that process several grades of lubes, specialties, and greases along with a variety of petroleum products. HPCL also controls an extensive network of pipelines in India that transport a variety of hydrocarbon-based products. In tandem with its host of pipelines, marketing and distribution efforts are carried out through a group of terminals, service stations, bottling plants, marketing offices, and other facilities. Hindustan's products are primarily sold throughout India. The business is divided into downstream and other operations, with downstream activities generating the most revenue.
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