Market Capitalization
القيمة السوقية
Market capitalization is the total market value of a company’s outstanding shares, calculated as the share price multiplied by the number of issued shares. It is the standard measure used to rank the size of listed companies and to weight them in indices such as the EGX 30. Market cap changes continuously as the share price moves.
Example
A company with 200 million shares trading at 75 EGP has a market capitalisation of 15 billion EGP. A company with 2 billion shares at 7.50 EGP has exactly the same market value, despite a share price ten times lower.
Why it matters
It is the only figure that lets you compare the size of two companies, and it drives index weighting and which funds are permitted to hold a stock. It is also the denominator in most valuation ratios.
A common mistake
Confusing market value with what the business owns. Market cap is what buyers are currently willing to pay for the equity; total assets and book value describe the company's own balance sheet, and the two can differ enormously.
Live example from the Egyptian market
The largest EGX-listed company by market capitalisation today is Commercial International Bank - Egypt (CIB) S.A.E. (COMI) at EGP 474.0 billion. Details →
Data as of ; refreshes with every session or disclosure.
See it in action