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). Primoris Services's share price for the quarter that ended in Mar. 2024 was €38.8. Primoris Services's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 54 Mil. Therefore, Primoris Services's market cap for the quarter that ended in Mar. 2024 was €2,081 Mil.
Primoris Services's quarterly market cap
declined
from Sep. 2023 (€1,654 Mil) to Dec. 2023 (€1,612 Mil) but then
increased
from Dec. 2023 (€1,612 Mil) to Mar. 2024 (€2,081 Mil).
Primoris Services's annual market cap
declined
from Dec. 2021 (€1,138 Mil) to Dec. 2022 (€1,084 Mil) but then
increased
from Dec. 2022 (€1,084 Mil) to Dec. 2023 (€1,612 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. Primoris Services's Enterprise Value for Today is €3,540 Mil.
Primoris Services Market Cap Historical Data
The historical data trend for Primoris Services'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 Primoris Services's Market Cap
For the Engineering & Construction subindustry, Primoris 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.
Primoris Services's Market Cap Distribution in the Construction Industry
For the Construction industry and Industrials sector, Primoris Services's Market Cap distribution charts can be found below:
* The bar in red indicates where Primoris Services's Market Cap falls into.
Primoris 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.
Primoris Services'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.
Primoris Services (FRA:1PM) 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.
Primoris Services Market Cap Related Terms
Thank you for viewing the detailed overview of Primoris Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Primoris Services Corp is a specialty contractor and infrastructure company in the United States. It has three operating segments. The Utility segment specializes in a range of services, including the installation and maintenance of new and existing natural gas distribution systems, electric utility distribution and transmission systems, and communications systems. The pipeline segment constructs and maintains pipelines for the petroleum and petrochemical industries. The Energy/Renewables segment includes engineering, procurement, construction, retrofits, highway and bridge construction, demolition, and other services. The Energy/Renewables segment earns the majority of the revenue. Primoris earns most of its revenue in the U.S.
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