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What is a Market Cap?

Posted on January 8, 2022January 8, 2022

Market Cap

Commonly referred to as “market caps” market capitalization is a term used to refer to the total value of a company’s shares of stock.  A company’s “market cap” is achieved by multiplying the price of a stock by the number of its outstanding shares.  Hence, if a company had 20 million shares that were selling at $50 a share the company would have a “market cap” of $1 billion.

Apple Inc

This past week Apple became the first company in the history of the world to reach a $3 trillion market cap.  Since 2018 Apple’s value has tripled.  This new valuation means that Apple now accounts for 7% of the S&P 500 index. 


Putting Apple’s Value into Context

Today, Apple is worth nearly as much as all the 2,000 companies on the small-cap Russell 2000, which has a combined worth of $3.5 trillion.  The Russell 2000 index is a stock market index that measures the performance of the 2,000 smaller publicly-traded companies and is regarded as a leading indicator of future trends for the US economy.

Elaine Allan, BA, MBA

Technology & Business Blogger

Vancouver, BC, Canada

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