Tokio Marine Holdings's quarterly market cap
increased
from Jun. 2023 ($45,615 Mil) to Sep. 2023 ($45,913 Mil) and
increased
from Sep. 2023 ($45,913 Mil) to Dec. 2023 ($49,228 Mil).
Tokio Marine Holdings's annual market cap
increased
from Mar. 2021 ($33,034 Mil) to Mar. 2022 ($39,427 Mil) but then
declined
from Mar. 2022 ($39,427 Mil) to Mar. 2023 ($38,368 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. Tokio Marine Holdings's Enterprise Value for Today is $57,796 Mil.
* 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 Tokio Marine Holdings's Market Cap
For the Insurance - Property & Casualty subindustry, Tokio Marine Holdings'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.
Tokio Marine Holdings's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Tokio Marine Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Tokio Marine Holdings's Market Cap falls into.
Tokio Marine Holdings 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.
Tokio Marine Holdings's Market Cap for the fiscal year that ended in Mar. 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.
Tokio Marine Holdings (OTCPK:TKOMY) 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.
Tokio Marine Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Tokio Marine Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tokio Marine Holdings (Tokio Marine Holdings) Business Description
Dating back to 1879, Tokio Marine is Japan's oldest insurance company and was its top property and casualty insurer in terms of market share for many decades. After mergers of its smaller rivals in the past few years, the company is now roughly the same size in the domestic nonlife market as MS&AD and Sompo Holdings, but it remains the most valuable listed Japanese insurer in terms of market capitalization due to its larger overseas business portfolio. The majority of its overseas business is in the U.S., where it has purchased four specialty insurers since 2008: Philadelphia Consolidated, Delphi Financial, HCC, and PURE. It is a member of the Mitsubishi keiretsu group and holds minority stakes in a number of group companies that also rank among its shareholders.
Tokio Marine Holdings (Tokio Marine Holdings) Headlines
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