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 401.2B
- THYAO
- Last price
- 290.75 TL
- Daily change
- 0.00%
- Market cap
- TRY 401.2B
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. | 1.7T | 0.00% |
| 2. | 913B | 0.00% |
| 3. | 782.3B | 0.00% |
| 4. | 549B | 0.00% |
| 5. | 545.2B | 0.00% |
| 6. | 524B | 0.00% |
| 7. | 518.7B | 0.00% |
| 8. | 509.7B | 0.00% |
| 9. | 401.2B | 0.00% |
| 10. | 391.3B | 0.00% |
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.
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