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). Dropbox's share price for the quarter that ended in Dec. 2023 was $29.48. Dropbox's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 337 Mil. Therefore, Dropbox's market cap for the quarter that ended in Dec. 2023 was $9,926 Mil.
Dropbox's quarterly market cap
increased
from Jun. 2023 ($9,057 Mil) to Sep. 2023 ($9,209 Mil) and
increased
from Sep. 2023 ($9,209 Mil) to Dec. 2023 ($9,926 Mil).
Dropbox's annual market cap
declined
from Dec. 2021 ($9,215 Mil) to Dec. 2022 ($7,820 Mil) but then
increased
from Dec. 2022 ($7,820 Mil) to Dec. 2023 ($9,926 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. Dropbox's Enterprise Value for Today is $8,772 Mil.
Dropbox Market Cap Historical Data
The historical data trend for Dropbox'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.
For the Software - Infrastructure subindustry, Dropbox'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.
Dropbox's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Dropbox's Market Cap distribution charts can be found below:
* The bar in red indicates where Dropbox's Market Cap falls into.
Dropbox 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.
Dropbox's Market Cap for the fiscal year that ended in Dec. 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.
Dropbox (NAS:DBX) 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.
Dropbox Market Cap Related Terms
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Dropbox is a leading provider of cloud-storage and content collaboration tools with an emphasis on individuals and SMB. The company was founded in 2007 and was a pioneer in cloud storage and cross-platform file syncing. Utilizing inorganic and organic means, the firm has been working on diversifying its product mix and pivoting away from the cloud-storage space.
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