GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Asia Commercial Joint Stock Bank (STC:ACB) » Definitions » Market Cap

Asia Commercial Joint Stock Bank (STC:ACB) Market Cap : ₫108,763,120 Mil (As of Jun. 06, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Asia Commercial Joint Stock Bank 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). Asia Commercial Joint Stock Bank's share price for the quarter that ended in Mar. 2024 was ₫24782.6. Asia Commercial Joint Stock Bank's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 4,467 Mil. Therefore, Asia Commercial Joint Stock Bank's market cap for the quarter that ended in Mar. 2024 was ₫110,695,448 Mil.

Asia Commercial Joint Stock Bank's quarterly market cap increased from Sep. 2023 (₫84,866,540 Mil) to Dec. 2023 (₫92,828,808 Mil) and increased from Dec. 2023 (₫92,828,808 Mil) to Mar. 2024 (₫110,695,448 Mil).

Asia Commercial Joint Stock Bank's annual market cap declined from Dec. 2021 (₫93,217,408 Mil) to Dec. 2022 (₫73,965,656 Mil) but then increased from Dec. 2022 (₫73,965,656 Mil) to Dec. 2023 (₫92,828,808 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. Asia Commercial Joint Stock Bank's Enterprise Value for Today is ₫22,586,971 Mil.


Asia Commercial Joint Stock Bank Market Cap Historical Data

The historical data trend for Asia Commercial Joint Stock Bank'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.

* Premium members only.

Asia Commercial Joint Stock Bank Market Cap Chart

Asia Commercial Joint Stock Bank Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 60,739,876.01 93,217,407.54 73,965,656.27 92,828,808.12

Asia Commercial Joint Stock Bank Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 84,435,953.98 85,643,292.17 84,866,540.00 92,828,808.12 110,695,448.12

Competitive Comparison of Asia Commercial Joint Stock Bank's Market Cap

For the Banks - Regional subindustry, Asia Commercial Joint Stock Bank'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.


Asia Commercial Joint Stock Bank's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Asia Commercial Joint Stock Bank's Market Cap distribution charts can be found below:

* The bar in red indicates where Asia Commercial Joint Stock Bank's Market Cap falls into.



Asia Commercial Joint Stock Bank 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.

Asia Commercial Joint Stock Bank's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=₫20782.6*4466.66
=₫92,828,808

Asia Commercial Joint Stock Bank's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₫24782.6*4466.66
=₫110,695,448

* 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.


Asia Commercial Joint Stock Bank  (STC:ACB) 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.


Asia Commercial Joint Stock Bank Market Cap Related Terms

Thank you for viewing the detailed overview of Asia Commercial Joint Stock Bank's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Asia Commercial Joint Stock Bank (STC:ACB) Business Description

Traded in Other Exchanges
N/A
Address
442 Nguyen Thi Minh Khai, District 3, Ho Chi Minh, VNM
Asia Commercial Joint Stock Bank formerly Asia Commercial Bank together with its subsidiaries, provides banking services to individual and corporate customers. Its personal banking products and services include current and savings accounts; time deposits; consumption, and others. Geographically, the activities are carried out through Vietnam.

Asia Commercial Joint Stock Bank (STC:ACB) Headlines