Max Financial Services's quarterly market cap
increased
from Sep. 2023 (₹314,158 Mil) to Dec. 2023 (₹329,412 Mil) and
increased
from Dec. 2023 (₹329,412 Mil) to Mar. 2024 (₹345,702 Mil).
Max Financial Services's annual market cap
declined
from Mar. 2022 (₹260,182 Mil) to Mar. 2023 (₹219,148 Mil) but then
increased
from Mar. 2023 (₹219,148 Mil) to Mar. 2024 (₹345,702 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. Max Financial Services's Enterprise Value for Today is ₹333,942 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 Max Financial Services's Market Cap
For the Insurance - Life subindustry, Max Financial Services'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.
Max Financial Services's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Max Financial Services's Market Cap distribution charts can be found below:
* The bar in red indicates where Max Financial Services's Market Cap falls into.
Max Financial Services 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.
Max Financial Services'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.
Max Financial Services (BOM:500271) 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.
Max Financial Services Market Cap Related Terms
Thank you for viewing the detailed overview of Max Financial Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Max Financial Services (BOM:500271) Business Description
Max Financial Services Ltd is a non-bank private life insurance company. Max Group entities are Max Life Insurance Company, Max India, and Max Venture & Industries. Max Life Insurance Company is co-owned by Max Financial Services and Mitsui Sumitomo Insurance, a Japanese life insurance company. Max India offers healthcare and health insurance. The Max-Ventures and Industries division is an entrepreneurial division that helps the government with economic and commercial efforts. The company's operating segment involves Business Investment and Life Insurance. It earns the majority of revenue from Life Insurance segment.
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