Sign in Sign up for free

Forbes Market cap

What is the Market cap of Forbes?

The Market cap of Forbes & Company Limited is $105.99M

What is the definition of Market cap?



Market capitalization is the market value at a point in time of the shares outstanding of a publicly traded company, being equal to the share price at that point of time times the number of shares outstanding.

= outstanding shares * previous day’s close

As outstanding stock is bought and sold in public markets, capitalization could be used as an indicator of public opinion of a company's net worth and is a determining factor in some forms of stock valuation.

Market capitalization is used by the investment community in ranking the size of companies, as opposed to sales or total asset figures. It is also used in ranking the relative size of stock exchanges, being a measure of the sum of the market capitalizations of all companies listed on each stock exchange. In performing such rankings, the market capitalizations are calculated at some significant date, such as 30 June or 31 December.

The total capitalization of stock markets or economic regions may be compared with other economic indicators. The total market capitalization of all publicly traded companies in the world was US$51.2 trillion in January 2007 and rose as high as US$57.5 trillion in May 2008 before dropping below US$50 trillion in August 2008 and slightly above US$40 trillion in September 2008. In 2014 and 2015, global market capitalization was US$68 trillion and US$67 trillion, respectively.

Market cap of companies in the Industrials sector on BSE compared to Forbes

What does Forbes do?

Forbes & Company Limited manufactures, sells, and rents health, hygiene, and safety products in India and internationally. The company engages in manufacturing, selling, renting, and servicing vacuum cleaners, water filter cum purifiers, water and waste water treatment plants; and trading electronic air cleaning systems, small household appliances, digital security systems, fire extinguishers, etc. It also manufactures and trades in precision cutting tools, spring lock washers, and marking systems. In addition, the company offers note counting machines, electronic cash registers, point of sale machines, and various types of kiosks; Forbes Xpress that comprise sale of mobile recharge, and bill payments and money transfer; and transaction network and services, including maintenance, servicing and support services for kiosks and other devices. Further, it is involved in the real estate development activities, as well as rents out investment properties. Additionally, the company engages in the business of ship owners, charterers, etc. The company was founded in 1767 and is based in Mumbai, India. Forbes & Company Limited is a subsidiary of Shapoorji Pallonji and Company Private Limited.

Companies with market cap similar to Forbes