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). Planet Labs PBC's share price for the quarter that ended in Jan. 2024 was $2.26. Planet Labs PBC's Shares Outstanding (EOP) for the quarter that ended in Jan. 2024 was 289.3 Mil. Therefore, Planet Labs PBC's market cap for the quarter that ended in Jan. 2024 was $653.8 Mil.
Planet Labs PBC's quarterly market cap
declined
from Jul. 2023 ($1,030.2 Mil) to Oct. 2023 ($616.8 Mil) but then
increased
from Oct. 2023 ($616.8 Mil) to Jan. 2024 ($653.8 Mil).
Planet Labs PBC's annual market cap
declined
from Jan. 2022 ($1,599.3 Mil) to Jan. 2023 ($1,345.3 Mil) and
declined
from Jan. 2023 ($1,345.3 Mil) to Jan. 2024 ($653.8 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. Planet Labs PBC's Enterprise Value for Today is $237.5 Mil.
Planet Labs PBC Market Cap Historical Data
The historical data trend for Planet Labs PBC'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 Planet Labs PBC's Market Cap
For the Aerospace & Defense subindustry, Planet Labs PBC'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.
Planet Labs PBC's Market Cap Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Planet Labs PBC's Market Cap distribution charts can be found below:
* The bar in red indicates where Planet Labs PBC's Market Cap falls into.
Planet Labs PBC 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.
Planet Labs PBC's Market Cap for the fiscal year that ended in Jan. 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.
Planet Labs PBC (NYSE:PL) 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.
Planet Labs PBC Market Cap Related Terms
Thank you for viewing the detailed overview of Planet Labs PBC's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Planet Labs PBC (Planet Labs PBC) Business Description
Planet Labs PBC is an Earth-imaging company. The company provides daily satellite data that helps businesses, governments, researchers, and journalists understand the physical world and take action.
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