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Race Eco Chain (BOM:537785) Market Cap : ₹6,252 Mil (As of Jun. 11, 2024)


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What is Race Eco Chain 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). Race Eco Chain's share price for the quarter that ended in Sep. 2023 was ₹256.6. Race Eco Chain's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 16 Mil. Therefore, Race Eco Chain's market cap for the quarter that ended in Sep. 2023 was ₹4,217 Mil.

Race Eco Chain's quarterly market cap declined from Sep. 2022 (₹3,595 Mil) to Mar. 2023 (₹3,105 Mil) but then increased from Mar. 2023 (₹3,105 Mil) to Sep. 2023 (₹4,217 Mil).

Race Eco Chain's annual market cap increased from Mar. 2022 (₹2,793 Mil) to Mar. 2023 (₹3,105 Mil) and increased from Mar. 2023 (₹3,105 Mil) to Mar. 2024 (₹5,322 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. Race Eco Chain's Enterprise Value for Today is ₹6,670 Mil.


Race Eco Chain Market Cap Historical Data

The historical data trend for Race Eco Chain'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.

Race Eco Chain Market Cap Chart

Race Eco Chain 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 755.06 4,214.86 2,793.47 3,104.86 5,321.57

Race Eco Chain Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 2,793.47 3,594.54 3,104.86 4,216.50 5,321.57

Competitive Comparison of Race Eco Chain's Market Cap

For the Waste Management subindustry, Race Eco Chain'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.


Race Eco Chain's Market Cap Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Market Cap distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Market Cap falls into.



Race Eco Chain 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.

Race Eco Chain'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 )
=₹323.85*16.4322
=₹5,322

Race Eco Chain's Market Cap for the quarter that ended in Sep. 2023 is calculated as

Market Cap (Q: Sep. 2023 )=Share Price (Q: Sep. 2023 )*Shares Outstanding (EOP) (Q: Sep. 2023 )
=₹256.6*16.4322
=₹4,217

* 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.


Race Eco Chain  (BOM:537785) 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.


Race Eco Chain Market Cap Related Terms

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Race Eco Chain (BOM:537785) Business Description

Traded in Other Exchanges
Address
Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's business segments are Biomass Fuel; Plastic Waste; and Recycled Products. It generates the majority of its revenue from the Plastic Waste segment.

Race Eco Chain (BOM:537785) Headlines

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