Market Capitalisation
Contents
Key Points
- It is used to rank companies by size, determine index weights and compute ratios such as P/E and P/B.
- Large-cap companies are usually more liquid and less volatile; small caps offer higher growth with higher risk.
- market cap is the market’s current pricing, not the company’s intrinsic value.
Formula / Calculation
Market cap = Total shares × Share price. Because the price changes every trading day, so does market cap; Yatırımcı.AI shows the value computed from 15-minute delayed prices.
Live Example
- market capitalisation
- TRY 439.9B
- THYAO
- Last price
- 318.75 TL
- Daily change
- 1.27%
- Market cap
- TRY 439.9B
Interpretation
Large-cap companies are usually more liquid and less volatile; small caps offer higher growth with higher risk. Since debt is excluded, the true cost of acquiring a company is measured by enterprise value.
Pitfalls
market cap is the market’s current pricing, not the company’s intrinsic value. With a low free float the actually tradable value is much smaller. FX effects must not be ignored in dollar-based comparisons.
Largest Companies by Market Cap
| Stock | Market cap (TRY) | Daily |
|---|---|---|
1. ASELSAselsan | 1.6T | 1.02% |
2. QNBTRQNB Bank | 778.3B | 0.00% |
3. TUPRSTüpraş | 681.6B | 1.51% |
4. GARANGaranti Bankasi | 650.6B | 0.06% |
5. ENPRAEnpara Bank | 541.4B | 0.00% |
6. KCHOLKoç Holding | 523.4B | 1.18% |
7. ENKAIEnka İnşaat | 491.4B | 1.11% |
8. BIMASBim Mağazalar | 461.1B | 1.79% |
9. THYAOTürk Hava Yollari | 439.9B | 1.27% |
10. AKBNKAkbank | 369.2B | 0.28% |
Pages Where This Term Appears
Related Terms
Frequently Asked Questions
What is Market capitalisation?
Market capitalisation is the total number of shares multiplied by the current share price; it is the total value the market assigns to the company.
How is Market capitalisation calculated?
Market cap = Total shares × Share price. Because the price changes every trading day, so does market cap; Yatırımcı.AI shows the value computed from 15-minute delayed prices.
Prepared by: Yatırımcı.AI Research TeamLast reviewed: Method: MethodologyEditorial policy