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). Purple Innovation's share price for the quarter that ended in Mar. 2024 was $1.74. Purple Innovation's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 107.5 Mil. Therefore, Purple Innovation's market cap for the quarter that ended in Mar. 2024 was $187.0 Mil.
Purple Innovation's quarterly market cap
declined
from Sep. 2023 ($180.1 Mil) to Dec. 2023 ($108.7 Mil) but then
increased
from Dec. 2023 ($108.7 Mil) to Mar. 2024 ($187.0 Mil).
Purple Innovation's annual market cap
declined
from Dec. 2021 ($882.4 Mil) to Dec. 2022 ($437.7 Mil) and
declined
from Dec. 2022 ($437.7 Mil) to Dec. 2023 ($108.7 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. Purple Innovation's Enterprise Value for Today is $288.2 Mil.
Purple Innovation Market Cap Historical Data
The historical data trend for Purple Innovation'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 Purple Innovation's Market Cap
For the Furnishings, Fixtures & Appliances subindustry, Purple Innovation'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.
Purple Innovation's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Purple Innovation's Market Cap distribution charts can be found below:
* The bar in red indicates where Purple Innovation's Market Cap falls into.
Purple Innovation 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.
Purple Innovation'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.
Purple Innovation (NAS:PRPL) 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.
Purple Innovation Market Cap Related Terms
Thank you for viewing the detailed overview of Purple Innovation's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Purple Innovation (Purple Innovation) Business Description
Purple Innovation Inc is a comfort innovation company. The company designs, manufactures and sells a range of comfort technology offerings, including mattresses, a pillow, cushions, sheets, bed platforms, and other products. It sells its products through online channels, traditional wholesale partners and third-party online retailers.
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