(じかそうがく)

じかそうがく
noun
market capitalization; market cap; total market value
1. market capitalization; total market value (of a company, calculated as share price × shares outstanding)
A finance term for the total market value of a company's outstanding shares. It is the standard yardstick in news reports for ranking companies by size, comparing global firms, and tracking changes in a company's valuation over time.
この会社(かいしゃ)時価総額(じかそうがく)1(いち)兆円(ちょうえん)()えた。
This company's market cap surpassed one trillion yen.
時価総額(じかそうがく)()ると、世界(せかい)でトップクラスの企業(きぎょう)だ。
Measured by market cap, it is one of the world's top-tier companies.
株価(かぶか)急落(きゅうらく)で、時価総額(じかそうがく)一日(いちにち)数兆円(すうちょうえん)(うしな)われた。
Due to the sharp drop in share price, the market cap lost several trillion yen in a single day.

Compound of 時価(じか) (current market price) and 総額(そうがく) (total amount). It is calculated as the share price multiplied by the number of shares outstanding, and is the most common way to compare the size of publicly traded companies in news and business writing. Though technical, it has become familiar enough to appear in general-interest media.

COMMON COLLOCATIONS:

  • 時価総額(じかそうがく)()がる / ()がる: market cap rises / falls
  • 時価総額(じかそうがく)()える: to exceed (a market cap figure)
  • 時価総額(じかそうがく)ランキング(らんきんぐ): market cap ranking
  • 世界(せかい)最大(さいだい)時価総額(じかそうがく): the world's largest market cap
  • 時価総額(じかそうがく)ベース(べーす)で: on a market-cap basis

RELATED TERMS:

  • 株価(かぶか): share price — the per-share value that feeds into market cap
  • 発行(はっこう)()株式(かぶしき)(すう): shares outstanding — the second input to the market-cap formula
  • 企業価値(きぎょうかち): enterprise value — a broader valuation including debt, used in mergers and acquisitions
  • 時価(じか): current market price — the general word for "today's market price"