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Market cap

The total market value of the company's equity — share price times shares outstanding, summed across share classes for multi-class issuers (each class at its own price). The starting point for enterprise value and the equity-side multiples.

Formula

Price × shares outstanding (Σ over share classes)

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Related terms

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Metrics on this page are computed by Moatkeep from reported filings and market data and are estimates: they depend on modelling choices (e.g. period alignment, share counts, currency) and on the underlying data being correct. Definitions are in the glossary. Figures are not investment advice — see the full disclaimer.

Market cap — definition | Moatkeep