Market capitalization
Market capitalization calculation and methodology
Market capitalization represents the size of a company and shows how much the company is worth. It equals the company-level total outstanding shares multiplied by the last close price of its shares.
The company-level total outstanding shares are not the same as the total shares outstanding. Total shares outstanding include shares that are only traded on the market. The company-level total outstanding shares also include other classes of shares, even if they are non-traded.
Note that treasury shares are not included.
Market capitalization for tickers with the type “preferred” equals the main ticker's capitalization and represents the company-level Market capitalization. For example, MOEX:SBER (Sberbank) and MOEX:SBERP (Sberbank Preferred) have the same Market capitalization, and that could differ from other sources' methodology.
Market capitalization metric is available in the financials on the chart. Please note that history is available only since 2016 at maximum.
What does Market capitalization mean?
Investors use Market capitalization as an indicator of company size. The size of a company can influence how investors view a company, its risk, and how it compares to other companies.
Companies with a capitalization of more than $10 billion are called large-cap companies. Investing in such companies is often attractive to all investors because of their size and liquidity. Large-cap companies are also considered to be mature companies with more established businesses.
Companies with a capitalization of $2 billion to $10 billion are called mid-cap companies. Mid-cap companies are preferred by investors who are looking for growth opportunities or less mature companies. However, investments in such companies can be risky, as mid-cap companies are sometimes as small as they are for a reason and growth is a challenge.
Companies with a capitalization of $300 million to $2 billion are called small-cap companies and are usually more volatile, risky, and less liquid than mid-cap and large-cap companies. Small-cap companies are also more affected by investor preference. Many investors do not want to bet on companies that are small.