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). LB Group Co's share price for the quarter that ended in Mar. 2024 was ¥18.94. LB Group Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 2,386 Mil. Therefore, LB Group Co's market cap for the quarter that ended in Mar. 2024 was ¥45,196 Mil.
LB Group Co's quarterly market cap
declined
from Sep. 2023 (¥43,836 Mil) to Dec. 2023 (¥40,877 Mil) but then
increased
from Dec. 2023 (¥40,877 Mil) to Mar. 2024 (¥45,196 Mil).
LB Group Co's annual market cap
declined
from Dec. 2021 (¥68,086 Mil) to Dec. 2022 (¥45,222 Mil) and
declined
from Dec. 2022 (¥45,222 Mil) to Dec. 2023 (¥40,877 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. LB Group Co's Enterprise Value for Today is ¥66,138 Mil.
LB Group Co Market Cap Historical Data
The historical data trend for LB Group Co'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 LB Group Co's Market Cap
For the Specialty Chemicals subindustry, LB Group Co'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.
LB Group Co's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, LB Group Co's Market Cap distribution charts can be found below:
* The bar in red indicates where LB Group Co's Market Cap falls into.
LB Group Co 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.
LB Group Co'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.
LB Group Co (SZSE:002601) 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.
LB Group Co Market Cap Related Terms
Thank you for viewing the detailed overview of LB Group Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
LB Group Co Ltd is a inorganic chemical enterprise concentrated on the development and manufacture of titanium and zirconium fine powder material. The company markets in the western industrial areas of China.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
SZSE:002601 has been successfully added to your 