RE: How's the buyback going?9 Mar 2025 08:42
The formula applied for Market Cap is the number of shares in issue x current share price.
or another way of looking at it, Market Cap is the total value of a company's outstanding shares on the register based on its current share price.
Investors should bear in mind, Market Cap is only used to determine a company's size not of earnings, profitability or total asset value of the company.