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). Canopy Growth's share price for the quarter that ended in Jun. 2024 was $6.45. Canopy Growth's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 81.0 Mil. Therefore, Canopy Growth's market cap for the quarter that ended in Jun. 2024 was $522.4 Mil.
Canopy Growth's quarterly market cap
increased
from Dec. 2023 ($423.8 Mil) to Mar. 2024 ($786.3 Mil) but then
declined
from Mar. 2024 ($786.3 Mil) to Jun. 2024 ($522.4 Mil).
Canopy Growth's annual market cap
declined
from Mar. 2022 ($2,989.7 Mil) to Mar. 2023 ($905.3 Mil) and
declined
from Mar. 2023 ($905.3 Mil) to Mar. 2024 ($786.3 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. Canopy Growth's Enterprise Value for Today is $765.8 Mil.
Canopy Growth Market Cap Historical Data
The historical data trend for Canopy Growth'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 Canopy Growth's Market Cap
For the Drug Manufacturers - Specialty & Generic subindustry, Canopy Growth'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.
Canopy Growth's Market Cap Distribution in the Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Canopy Growth's Market Cap distribution charts can be found below:
* The bar in red indicates where Canopy Growth's Market Cap falls into.
Canopy Growth 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.
Canopy Growth's Market Cap for the fiscal year that ended in Mar. 2024 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.
Canopy Growth (NAS:CGC) 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.
Canopy Growth Market Cap Related Terms
Thank you for viewing the detailed overview of Canopy Growth's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Canopy Growth, headquartered in Smiths Falls, Canada, cultivates and sells medicinal and recreational cannabis, and hemp, through a portfolio of brands that include Doja, 7ACRES, Tweed, and Deep Space. Its non-THC products include skincare products under Martha Stewart CBD and Storz & Bickel vaporizers. Canopy growth merged its US assets into a separately operated holding company, Canopy USA, which will not be consolidated into the Canadian company's financials.
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