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Afloat Enterprises (BOM:543377) Market Cap : ₹45.58 Mil (As of Jun. 09, 2024)


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What is Afloat Enterprises 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). Afloat Enterprises's share price for the quarter that ended in Mar. 2024 was ₹10.5. Afloat Enterprises's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 4.56 Mil. Therefore, Afloat Enterprises's market cap for the quarter that ended in Mar. 2024 was ₹47.86 Mil.

Afloat Enterprises's quarterly market cap increased from Mar. 2023 (₹33.73 Mil) to Sep. 2023 (₹49.68 Mil) but then declined from Sep. 2023 (₹49.68 Mil) to Mar. 2024 (₹47.86 Mil).

Afloat Enterprises's annual market cap declined from Mar. 2022 (₹34.91 Mil) to Mar. 2023 (₹33.73 Mil) but then increased from Mar. 2023 (₹33.73 Mil) to Mar. 2024 (₹47.86 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. Afloat Enterprises's Enterprise Value for Today is ₹45.34 Mil.


Afloat Enterprises Market Cap Historical Data

The historical data trend for Afloat Enterprises'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.

Afloat Enterprises Market Cap Chart

Afloat Enterprises Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial - - 34.91 33.73 47.86

Afloat Enterprises Semi-Annual Data
Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only 34.91 41.93 33.73 49.68 47.86

Competitive Comparison of Afloat Enterprises's Market Cap

For the Steel subindustry, Afloat Enterprises'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.


Afloat Enterprises's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Afloat Enterprises's Market Cap distribution charts can be found below:

* The bar in red indicates where Afloat Enterprises's Market Cap falls into.



Afloat Enterprises 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.

Afloat Enterprises'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 )
=₹10.5*4.558
=₹47.86

Afloat Enterprises'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 )
=₹10.5*4.558
=₹47.86

* 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.


Afloat Enterprises  (BOM:543377) 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.


Afloat Enterprises Market Cap Related Terms

Thank you for viewing the detailed overview of Afloat Enterprises's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Afloat Enterprises (BOM:543377) Business Description

Traded in Other Exchanges
N/A
Address
Aggarwal Plaza, Plot 3, Shop 325, DDA Community Centre, Sector-14, Rohini, New Delhi, IND, 110085
Afloat Enterprises Ltd is engaged in the business of trading metals with its core focus on trading in Iron and Steel.

Afloat Enterprises (BOM:543377) Headlines

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