What is Market capitalisation (market value)?

Market capitalisation is the share price multiplied by the number of shares outstanding: what the stock market values the company at.

It changes every trading day with the share price. Smart Money uses the latest close and the shares outstanding in the latest report.

Formula

Market value = share price × shares outstanding

Market capitalisation (market value) on the Pakistan Stock Exchange

Market capitalisation (market value) of the largest PSX companies
Largest companies	Market capitalisation (market value)
PIAHCLB PIA Holding Company LimitedB	Rs 75.13 tn
OGDC Oil & Gas Development Company Limited	Rs 1.30 tn
UBL United Bank Limited	Rs 1.04 tn
MEBL Meezan Bank Limited	Rs 986.4 bn
FFC Fauji Fertilizer Company Limited	Rs 774.2 bn