It is calculated by multiplying the share price by the number of shares. It is neither the company’s revenue nor its cash balance.
Market capitalisation
In a nutshell
Market capitalisation is the value of a company’s shares at the current market price.
On this page
Explained simply
A practical example
Hypothetical example: a listed company has one million shares priced at CFA 2,000 each; its market capitalisation is CFA 2 billion.
Further reading
Source: AMF — Market capitalisation.
Try it yourself
Calculate a market capitalisation
Number of shares × price per share
Market capitalisation
2,000,000,000 CFA francs
Fictional figures. Change either value to see the result; no live market data is used.