Market Cap (£ Sterling - millions)

What is the definition of Mkt Cap £m?

This value is calculated by multiplying the current Price by the current number of Shares Outstanding. It is stated in Pounds Sterling.


Stockopedia explains Mkt Cap £m...

Market Capitalisation only takes into account the value of the company's shares (equity), it ignores the amount of debt a company may have taken on and therefore isn't the best indicator of the company's size. The Enterprise Value adds the net debt to the Market Cap and is a better indicator of the minimum amount that an acquiring company may have to pay to buy the firm outright.