Market Capitalisation
Contents
Key Points
- It is used to rank companies by size, determine index weights and compute ratios such as P/E and P/B.
- Large-cap companies are usually more liquid and less volatile; small caps offer higher growth with higher risk.
- market cap is the market’s current pricing, not the company’s intrinsic value.
Formula / Calculation
Market cap = Total shares × Share price. Because the price changes every trading day, so does market cap; Yatırımcı.AI shows the value computed from 15-minute delayed prices.
Live Example
- market capitalisation
- TRY 352.6B
- THYAO
- Last price
- 255.50 TL
- Daily change
- 5.49%
- Market cap
- TRY 352.6B
Interpretation
Large-cap companies are usually more liquid and less volatile; small caps offer higher growth with higher risk. Since debt is excluded, the true cost of acquiring a company is measured by enterprise value.
Pitfalls
market cap is the market’s current pricing, not the company’s intrinsic value. With a low free float the actually tradable value is much smaller. FX effects must not be ignored in dollar-based comparisons.
Largest Companies by Market Cap
| Stock | Market cap (TRY) | Daily |
|---|---|---|
1. ASELSAselsan | 1.6T | −0.07% |
2. QNBTRQNB Bank | 765.1B | 9.96% |
3. TUPRSTüpraş | 649.8B | −1.82% |
4. GARANGaranti Bankasi | 539.7B | 2.64% |
5. KCHOLKoç Holding | 492.7B | 0.78% |
6. ENPRAEnpara Bank | 486.5B | 0.00% |
7. ENKAIEnka İnşaat | 474B | 3.07% |
8. BIMASBim Mağazalar | 425.1B | 1.94% |
9. THYAOTürk Hava Yollari | 352.6B | 5.49% |
10. AKBNKAkbank | 324.7B | 2.55% |
Pages Where This Term Appears
Related Terms
Frequently Asked Questions
What is Market capitalisation?
Market capitalisation is the total number of shares multiplied by the current share price; it is the total value the market assigns to the company.
How is Market capitalisation calculated?
Market cap = Total shares × Share price. Because the price changes every trading day, so does market cap; Yatırımcı.AI shows the value computed from 15-minute delayed prices.
Prepared by: Yatırımcı.AI Research TeamLast reviewed: Method: MethodologyEditorial policy