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). Perdoceo Education's share price for the quarter that ended in Mar. 2024 was $17.56. Perdoceo Education's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 65.6 Mil. Therefore, Perdoceo Education's market cap for the quarter that ended in Mar. 2024 was $1,152.0 Mil.
Perdoceo Education's quarterly market cap
increased
from Sep. 2023 ($1,122.9 Mil) to Dec. 2023 ($1,151.0 Mil) and
increased
from Dec. 2023 ($1,151.0 Mil) to Mar. 2024 ($1,152.0 Mil).
Perdoceo Education's annual market cap
increased
from Dec. 2021 ($808.5 Mil) to Dec. 2022 ($933.7 Mil) and
increased
from Dec. 2022 ($933.7 Mil) to Dec. 2023 ($1,151.0 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. Perdoceo Education's Enterprise Value for Today is $907.9 Mil.
Perdoceo Education Market Cap Historical Data
The historical data trend for Perdoceo Education'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 Perdoceo Education's Market Cap
For the Education & Training Services subindustry, Perdoceo Education'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.
Perdoceo Education's Market Cap Distribution in the Education Industry
For the Education industry and Consumer Defensive sector, Perdoceo Education's Market Cap distribution charts can be found below:
* The bar in red indicates where Perdoceo Education's Market Cap falls into.
Perdoceo Education 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.
Perdoceo Education's Market Cap for the fiscal year that ended in Dec. 2023 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.
Perdoceo Education (NAS:PRDO) 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.
Perdoceo Education Market Cap Related Terms
Thank you for viewing the detailed overview of Perdoceo Education's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Perdoceo Education (Perdoceo Education) Business Description
Perdoceo Education Corp is an American for-profit education company that focuses on quality postsecondary education online to a diverse student population, along with campus-based and blended learning programs. The company's important segment is its online universities, which include the American InterContinental University, and Colorado Technical University. These online universities provide undergraduate, graduate, and doctoral degree programs focusing on business, technology, management, and social services. Career Education Corporation is focusing on its online universities as it continues to reduce its on-campus program offerings. The majority of the company's revenue comes from the Colorado Technical University segment.
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