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). MeiraGTx Holdings's share price for the quarter that ended in Mar. 2024 was $6.07. MeiraGTx Holdings's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 64.30 Mil. Therefore, MeiraGTx Holdings's market cap for the quarter that ended in Mar. 2024 was $390.29 Mil.
MeiraGTx Holdings's quarterly market cap
increased
from Sep. 2023 ($292.62 Mil) to Dec. 2023 ($446.48 Mil) but then
declined
from Dec. 2023 ($446.48 Mil) to Mar. 2024 ($390.29 Mil).
MeiraGTx Holdings's annual market cap
declined
from Dec. 2021 ($1,057.59 Mil) to Dec. 2022 ($316.07 Mil) but then
increased
from Dec. 2022 ($316.07 Mil) to Dec. 2023 ($446.48 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. MeiraGTx Holdings's Enterprise Value for Today is $325.43 Mil.
MeiraGTx Holdings Market Cap Historical Data
The historical data trend for MeiraGTx Holdings'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 MeiraGTx Holdings's Market Cap
For the Biotechnology subindustry, MeiraGTx Holdings'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.
MeiraGTx Holdings's Market Cap Distribution in the Biotechnology Industry
For the Biotechnology industry and Healthcare sector, MeiraGTx Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where MeiraGTx Holdings's Market Cap falls into.
MeiraGTx Holdings 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.
MeiraGTx Holdings'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.
MeiraGTx Holdings (NAS:MGTX) 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.
MeiraGTx Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of MeiraGTx Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MeiraGTx Holdings (MeiraGTx Holdings) Business Description
MeiraGTx Holdings PLC is a clinical-stage gene therapy company. It focuses on the eye, salivary gland, and central nervous system disorders. The company's pipeline products include AAV-CNGB3, AAV-CNGA3 and AAV-RPGR, and others. Geographically, it operates in the United States, the United Kingdom, and European Union.
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