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After the dot-com bubble deflated, however, SoftBank's stock capitalization shrank to as little as $20 billion.
In pluck-from-the-air fashion, this entry is figured out by subtracting a company's book value from its stock capitalization.
Their enterprise values (stock capitalization plus long- and short-term debt plus accounts payable minus cash) divided by revenues range from 5.1 for Comcast to 16.4 for Cox Communications.
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The Nikkei index rose to 39,000, at which point the stock market capitalization of Japan exceeded the combined stock market capitalization of the U.S., the U.K. and Germany.
In late 1989 Japan's stock market capitalization exceeded that of the U.S. Today the market capitalization of the ten largest stocks in the U.S. totals $2 trillion, about the same entire stock market capitalization of Japan.
Though less prominent, Wachovia has a higher stock market capitalization — about $86 billion, versus $52 billion for Merrill.
In the last 12 months, these same five firms have lost a combined $330 billion in stock market capitalization.
This week, the stock market capitalization of Tencent climbed above $100 billion, only a few billion short of the value of Facebook.
One possible answer is this: when the company's pension plan is worth more than its stock market capitalization.
According to Fidelity Investments, in September 2007 money market accounts made up 15percentt of stock market capitalization in the United States.
The popularity of Wells among investors recently pushed it past JPMorgan Chase to become the largest American bank by stock market capitalization.
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