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). Comet Industries's share price for the quarter that ended in Oct. 2023 was C$4.5. Comet Industries's Shares Outstanding (EOP) for the quarter that ended in Oct. 2023 was 4.67 Mil. Therefore, Comet Industries's market cap for the quarter that ended in Oct. 2023 was C$21.00 Mil.
Comet Industries's quarterly market cap
increased
from Apr. 2023 (C$16.57 Mil) to Jul. 2023 (C$17.97 Mil) and
increased
from Jul. 2023 (C$17.97 Mil) to Oct. 2023 (C$21.00 Mil).
Comet Industries's annual market cap
declined
from Jan. 2021 (C$14.00 Mil) to Jan. 2022 (C$13.53 Mil) but then
increased
from Jan. 2022 (C$13.53 Mil) to Jan. 2023 (C$19.83 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. Comet Industries's Enterprise Value for Today is C$8.83 Mil.
Comet Industries Market Cap Historical Data
The historical data trend for Comet Industries'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 Comet Industries's Market Cap
For the Real Estate Services subindustry, Comet Industries'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.
Comet Industries's Market Cap Distribution in the Real Estate Industry
For the Real Estate industry and Real Estate sector, Comet Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Comet Industries's Market Cap falls into.
Comet Industries 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.
Comet Industries's Market Cap for the fiscal year that ended in Jan. 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.
Comet Industries (TSXV:CMU) 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.
Comet Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Comet Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
1177 West Hastings Street, Suite 1610, Vancouver, BC, CAN, V6E 2K3
Website
Comet Industries Ltd is an exploration-stage company. Principally, it is engaged in the business of acquiring and holding mineral properties, and holding and managing real properties, in British Columbia. The company owns unimproved land in Kamloops, Terrace, Pender Harbor and a rental property in Vancouver, British Columbia on a freehold basis. Its segment includes Rental, Exploration, and General or administration. The company generates maximum revenue from the Rental segment. It owns an interest in the big onion zone on the iron mask property, which consists of approximately five crown granted mineral claims.
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