Grupo Financiero Banorte, S.A.B. de C.V (GFNORTEO.MX) Market Cap
Market Cap: $424.73B
Avg Volume: 6.98M
Industry: Banks - Regional
Sector: Financial Services
Market Cap Overview
Market Cap
$424.73B
Share Price
$150.98
Shares Outstanding
2.81B
What is Grupo Financiero Banorte, S.A.B. de C.V's Market Cap?
Grupo Financiero Banorte, S.A.B. de C.V's current Market Cap as of today is $424.73B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Grupo Financiero Banorte, S.A.B. de C.V, the market cap is calculated as $150.98 x 2.81B shares = $424.73B.
As a Mega Cap company, Grupo Financiero Banorte, S.A.B. de C.V is among the largest companies in the world.
Grupo Financiero Banorte, S.A.B. de C.V Historical Market Cap
Grupo Financiero Banorte, S.A.B. de C.V Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Grupo Financiero Banorte, S.A.B. de C.V, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Grupo Financiero Banorte, S.A.B. de C.V's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $424.73B
- Total Debt: $-
- Cash and Equivalents: $98.70B
- Enterprise Value: $278.77B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A lower enterprise value indicates a strong net cash position.
Grupo Financiero Banorte, S.A.B. de C.V Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $424.73B | 12.52% |
| 2024 | $377.47B | -22.95% |
| 2023 | $489.88B | 22.28% |
| 2022 | $400.62B | 5.05% |
| 2021 | $381.35B | 21.67% |
| 2020 | $313.44B | 4.19% |
| 2019 | $300.83B | 10.45% |
| 2018 | $272.36B | -7.77% |
| 2017 | $295.32B | 4.82% |
| 2016 | $281.74B | 7.37% |
| 2015 | $262.41B | 16.56% |
| 2014 | $225.13B | -1.77% |
| 2013 | $229.19B | 18.06% |
| 2012 | $194.14B | 104.30% |
| 2011 | $95.03B | -26.11% |
| 2010 | $128.60B | 33.19% |
| 2009 | $96.55B | 92.39% |
| 2008 | $50.19B | -44.80% |
| 2007 | $90.92B | 5.83% |
| 2006 | $85.91B | 456.69% |
| 2005 | $15.43B | N/A |
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