Varian Medical Systems's quarterly market cap
increased
from Jun. 2020 ($11,137 Mil) to Sep. 2020 ($15,686 Mil) and
increased
from Sep. 2020 ($15,686 Mil) to Dec. 2020 ($16,066 Mil).
Varian Medical Systems's annual market cap
increased
from Sep. 2018 ($10,208 Mil) to Sep. 2019 ($10,813 Mil) and
increased
from Sep. 2019 ($10,813 Mil) to Sep. 2020 ($15,686 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. Varian Medical Systems's Enterprise Value for Today is $15,810 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 Varian Medical Systems's Market Cap
For the Medical Instruments & Supplies subindustry, Varian Medical Systems'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.
Varian Medical Systems's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Varian Medical Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where Varian Medical Systems's Market Cap falls into.
Varian Medical Systems 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.
Varian Medical Systems's Market Cap for the fiscal year that ended in Sep. 2020 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.
Varian Medical Systems (NYSE:VAR) 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.
Varian Medical Systems Market Cap Related Terms
Thank you for viewing the detailed overview of Varian Medical Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Varian Medical Systems (Varian Medical Systems) Business Description
Varian Medical Systems designs, manufactures, and sells radiation technology for use in two business segments: oncology systems and proton therapy. The Americas account for the largest portion of revenue (47%), followed by Europe, the Middle East, and Africa (33%) and Asia-Pacific (19%).
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