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). ReTo Eco-Solutions's share price for the quarter that ended in Dec. 2023 was $3.551. ReTo Eco-Solutions's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 3.75 Mil. Therefore, ReTo Eco-Solutions's market cap for the quarter that ended in Dec. 2023 was $13.30 Mil.
ReTo Eco-Solutions's quarterly market cap
declined
from Dec. 2022 ($17.79 Mil) to Jun. 2023 ($8.81 Mil) but then
increased
from Jun. 2023 ($8.81 Mil) to Dec. 2023 ($13.30 Mil).
ReTo Eco-Solutions's annual market cap
declined
from Dec. 2021 ($49.24 Mil) to Dec. 2022 ($17.79 Mil) and
declined
from Dec. 2022 ($17.79 Mil) to Dec. 2023 ($13.30 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. ReTo Eco-Solutions's Enterprise Value for Today is $18.84 Mil.
ReTo Eco-Solutions Market Cap Historical Data
The historical data trend for ReTo Eco-Solutions'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 ReTo Eco-Solutions's Market Cap
For the Building Materials subindustry, ReTo Eco-Solutions'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.
ReTo Eco-Solutions's Market Cap Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, ReTo Eco-Solutions's Market Cap distribution charts can be found below:
* The bar in red indicates where ReTo Eco-Solutions's Market Cap falls into.
ReTo Eco-Solutions 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.
ReTo Eco-Solutions'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.
ReTo Eco-Solutions (NAS:RETO) 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.
ReTo Eco-Solutions Market Cap Related Terms
Thank you for viewing the detailed overview of ReTo Eco-Solutions's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
ReTo Eco-Solutions (ReTo Eco-Solutions) Business Description
ReTo Eco-Solutions Inc is a manufacturer and distributor of eco-friendly construction materials and fly-ash, as well as equipment used to produce these eco-friendly construction materials. The company engaged in providing consultation, design, project implementation and construction of urban ecological environments for capturing, controlling and re-using rainwater. It operates through four segments namely Machinery and Equipment sales, Construction materials sales, Municipal Construction Projects, and Technology Consulting and other services. The company earns its revenue from Machinery and Equipment sales segment. Geographically, it derives a majority of its revenue from China.
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