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Primaris REIT (TSX:PMZ.UN) Market Cap : C$1,276.3 Mil (As of Jun. 02, 2024)


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What is Primaris REIT Market Cap?

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). Primaris REIT's share price for the quarter that ended in Mar. 2024 was C$13.95. Primaris REIT's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 96.4 Mil. Therefore, Primaris REIT's market cap for the quarter that ended in Mar. 2024 was C$1,344.6 Mil.

Primaris REIT's quarterly market cap increased from Sep. 2023 (C$1,288.0 Mil) to Dec. 2023 (C$1,332.9 Mil) and increased from Dec. 2023 (C$1,332.9 Mil) to Mar. 2024 (C$1,344.6 Mil).

Primaris REIT's annual market cap increased from Dec. 2021 (C$0.0 Mil) to Dec. 2022 (C$1,430.5 Mil) but then declined from Dec. 2022 (C$1,430.5 Mil) to Dec. 2023 (C$1,332.9 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. Primaris REIT's Enterprise Value for Today is C$2,723.1 Mil.


Primaris REIT Market Cap Historical Data

The historical data trend for Primaris 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.

* Premium members only.

Primaris REIT Market Cap Chart

Primaris REIT Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1,430.51 1,332.88

Primaris REIT Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,303.83 1,296.39 1,287.97 1,332.88 1,344.57

Competitive Comparison of Primaris REIT's Market Cap

For the REIT - Retail subindustry, Primaris 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.


Primaris REIT's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Primaris REIT's Market Cap distribution charts can be found below:

* The bar in red indicates where Primaris REIT's Market Cap falls into.



Primaris 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.

Primaris REIT's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=C$13.8*96.5857
=C$1,332.9

Primaris REIT's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=C$13.95*96.3847
=C$1,344.6

* 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.


Primaris REIT  (TSX:PMZ.UN) 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 company’s 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.


Primaris REIT Market Cap Related Terms

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Primaris REIT (TSX:PMZ.UN) Business Description

Traded in Other Exchanges
Address
26 Wellington Street East, Suite 400, Toronto, ON, CAN, M5E 1S2
Primaris REIT is an unincorporated, open-ended real estate investment trust that comprises ownership, management, and development of investment properties located across Canada. Its property portfolio includes; Dufferin Mall, Stone Road Mall, Orchard Park, and Devonshire Mall. The company generates a majority of its revenue from the Rent receivables.

Primaris REIT (TSX:PMZ.UN) Headlines

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