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Bajaj Finance (BOM:500034) Market Cap : ₹4,208,758 Mil (As of May. 31, 2024)


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What is Bajaj Finance 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). Bajaj Finance's share price for the quarter that ended in Mar. 2024 was ₹7240.35. Bajaj Finance's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 618 Mil. Therefore, Bajaj Finance's market cap for the quarter that ended in Mar. 2024 was ₹4,474,594 Mil.

Bajaj Finance's quarterly market cap declined from Sep. 2023 (₹4,727,288 Mil) to Dec. 2023 (₹4,525,833 Mil) and declined from Dec. 2023 (₹4,525,833 Mil) to Mar. 2024 (₹4,474,594 Mil).

Bajaj Finance's annual market cap declined from Mar. 2022 (₹4,379,270 Mil) to Mar. 2023 (₹3,394,066 Mil) but then increased from Mar. 2023 (₹3,394,066 Mil) to Mar. 2024 (₹4,474,594 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. Bajaj Finance's Enterprise Value for Today is ₹6,434,467 Mil.


Bajaj Finance Market Cap Historical Data

The historical data trend for Bajaj Finance'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.

Bajaj Finance Market Cap Chart

Bajaj Finance Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,333,372.91 3,102,660.20 4,379,269.85 3,394,065.68 4,474,594.22

Bajaj Finance 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 3,394,065.68 4,332,321.53 4,727,287.53 4,525,833.46 4,474,594.22

Competitive Comparison of Bajaj Finance's Market Cap

For the Credit Services subindustry, Bajaj Finance'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.


Bajaj Finance's Market Cap Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Bajaj Finance's Market Cap distribution charts can be found below:

* The bar in red indicates where Bajaj Finance's Market Cap falls into.



Bajaj Finance 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.

Bajaj Finance's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹7240.35*618.008
=₹4,474,594

Bajaj Finance'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 )
=₹7240.35*618.008
=₹4,474,594

* 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.


Bajaj Finance  (BOM:500034) 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.


Bajaj Finance Market Cap Related Terms

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Bajaj Finance (BOM:500034) Business Description

Traded in Other Exchanges
Address
Off Pune-Ahmednagar Road, 4th Floor, Bajaj Finserv Corporate Office, Viman Nagar, Pune, MH, IND, 411 014
Bajaj Finance Ltd is the holding company for various financial services businesses under the Bajaj Group, which operates in India. The company services myriad customers by providing solutions for asset acquisition through financing. The company also makes investments in renewable energy through one of its subsidiaries. It operates under a single reportable segment, financing. Among its lending operations, the company is engaged in consumer lending, commercial lending, loans against securities, mortgages, and lending to small and medium enterprises. All of its revenue is generated from India.

Bajaj Finance (BOM:500034) Headlines

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