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). Tokaido REIT's share price for the quarter that ended in Jul. 2023 was 円120400. Tokaido REIT's Shares Outstanding (EOP) for the quarter that ended in Jul. 2023 was 0 Mil. Therefore, Tokaido REIT's market cap for the quarter that ended in Jul. 2023 was 円29,197 Mil.
Tokaido REIT's quarterly market cap
declined
from Jul. 2022 (円22,100 Mil) to Jan. 2023 (円21,711 Mil) but then
increased
from Jan. 2023 (円21,711 Mil) to Jul. 2023 (円29,197 Mil).
Tokaido REIT's annual market cap
declined
from Jul. 2021 (円19,713 Mil) to Jan. 2022 (円18,776 Mil) but then
increased
from Jan. 2022 (円18,776 Mil) to Jul. 2023 (円29,197 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. Tokaido REIT's Enterprise Value for Today is 円52,018 Mil.
Tokaido REIT Market Cap Historical Data
The historical data trend for Tokaido REIT'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 Tokaido REIT's Market Cap
For the REIT - Diversified subindustry, Tokaido REIT'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.
Tokaido REIT's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Tokaido REIT's Market Cap distribution charts can be found below:
* The bar in red indicates where Tokaido REIT's Market Cap falls into.
Tokaido REIT 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.
Tokaido REIT's Market Cap for the fiscal year that ended in Jul. 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.
Tokaido REIT (TSE:2989) 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.
Tokaido REIT Market Cap Related Terms
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2-14-3 Nagatacho, Chiyoda-ku, Tokyo, JPN, 100-0014
Website
Tokaido REIT Inc is a real estate investment trust that focuses on the Tokaido area, mainly Shizuoka, Aichi, and Mie prefectures. Its Investment targets are divided into two types including "Industrial infrastructure assets" targeting logistics facilities and office buildings, and "Living infrastructure assets" for residential and commercial facilities.
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