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). Torrent Power's share price for the quarter that ended in Dec. 2023 was ₹933.75. Torrent Power's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 481 Mil. Therefore, Torrent Power's market cap for the quarter that ended in Dec. 2023 was ₹448,776 Mil.
Torrent Power's quarterly market cap
increased
from Jun. 2023 (₹296,565 Mil) to Sep. 2023 (₹354,936 Mil) and
increased
from Sep. 2023 (₹354,936 Mil) to Dec. 2023 (₹448,776 Mil).
Torrent Power's annual market cap
increased
from Mar. 2021 (₹203,661 Mil) to Mar. 2022 (₹236,416 Mil) and
increased
from Mar. 2022 (₹236,416 Mil) to Mar. 2023 (₹244,874 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. Torrent Power's Enterprise Value for Today is ₹719,532 Mil.
Torrent Power Market Cap Historical Data
The historical data trend for Torrent Power'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 Torrent Power's Market Cap
For the Utilities - Independent Power Producers subindustry, Torrent Power'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.
Torrent Power's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Torrent Power's Market Cap distribution charts can be found below:
* The bar in red indicates where Torrent Power's Market Cap falls into.
Torrent Power 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.
Torrent Power's Market Cap for the fiscal year that ended in Mar. 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.
Torrent Power (BOM:532779) 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.
Torrent Power Market Cap Related Terms
Thank you for viewing the detailed overview of Torrent Power's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Torrent Power Ltd is an Indian utility company engaged in the business of power generation, transmission, and distribution. Both by itself and through its subsidiaries, Torrent Power operates a portfolio of gas, combined cycle, coal, wind, and solar power plants. The company's gas-fired facilities constitute most of its energy-producing capacity. Torrent Power generates the vast majority of its revenue from the supply of power generated by its facilities and transmitted through its power grids to areas of Western and Northern India. Its sales are fairly evenly divided among residential, commercial, low tension and high tension consumers. The low tension customer class would include smaller manufacturing units, while high tension would be composed of heavier industrial entities.
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