Valuation

Market Capitalization

Total market value of the company's equity.

Definition

Market cap is the share price multiplied by total diluted shares outstanding. The total dollar value of the company's equity at current market prices.

Formula

Stock Price × Diluted Shares Outstanding

Why it matters

Market cap is the standard size-classification (small-cap, mid-cap, large-cap). It's also what you'd pay for the equity alone — but not what you'd pay for the whole business (that's enterprise value).

How Standard Equity uses it

Computed and shown in the report header. Used as the numerator for P/B and P/FCF multiples.

The metric

CategoryValuation
Unit$M
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