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Shin Steel Co (XKRX:162300) Market Cap : ₩147,875 Mil (As of Jun. 11, 2024)


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What is Shin Steel Co 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). Shin Steel Co's share price for the quarter that ended in Mar. 2024 was ₩3485. Shin Steel Co's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 41 Mil. Therefore, Shin Steel Co's market cap for the quarter that ended in Mar. 2024 was ₩142,953 Mil.

Shin Steel Co's quarterly market cap declined from Sep. 2023 (₩151,567 Mil) to Dec. 2023 (₩122,444 Mil) but then increased from Dec. 2023 (₩122,444 Mil) to Mar. 2024 (₩142,953 Mil).

Shin Steel Co's annual market cap stayed the same from Dec. 2020 (₩0 Mil) to Dec. 2021 (₩0 Mil) but then increased from Dec. 2021 (₩0 Mil) to Dec. 2022 (₩347,834 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. Shin Steel Co's Enterprise Value for Today is ₩202,270 Mil.


Shin Steel Co Market Cap Historical Data

The historical data trend for Shin Steel 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.

* Premium members only.

Shin Steel Co Market Cap Chart

Shin Steel Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Market Cap
Get a 7-Day Free Trial - - - - 347,833.76

Shin Steel Co Quarterly Data
Jun21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 215,553.34 185,818.79 151,567.42 122,443.51 142,953.31

Competitive Comparison of Shin Steel Co's Market Cap

For the Steel subindustry, Shin Steel 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.


Shin Steel Co's Market Cap Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shin Steel Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Shin Steel Co's Market Cap falls into.



Shin Steel 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.

Shin Steel Co's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=₩8730*39.8435
=₩347,834

Shin Steel Co'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 )
=₩3485*41.0196
=₩142,953

* 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.


Shin Steel Co  (XKRX:162300) 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.


Shin Steel Co Market Cap Related Terms

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Shin Steel Co (XKRX:162300) Business Description

Traded in Other Exchanges
N/A
Address
174, Mieumsandan 4-ro, Gangseo-gu, Busan, KOR
Shin Steel Co Ltd is a steel distribution company that supplies various types of products such as Cold Rolled Steel, Galvanized Steel, Alu-Zinc Steel, Pre-Painted Steel, Stainless Steel, and Tin Plate Steel.

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