Thermax (THERMAX.NS) - Market capitalization

Market cap: C$6.64 Billion

As of April 2025 Thermax has a market cap of C$6.64 Billion. This makes Thermax the world's 2667th most valuable company by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded company's outstanding shares and is commonly used to measure how much a company is worth.

Market cap history of Thermax from 2006 to 2025

End of year Market Cap

Year	Marketcap	Change
2025	C$6.64 B	-19.97%
2024	C$8.30 B	50.01%
2023	C$5.53 B	43.89%
2022	C$3.84 B	5.5%
2021	C$3.64 B	93.28%
2020	C$1.88 B	-20.16%
2019	C$2.36 B	-9.15%
2018	C$2.60 B	-9.13%
2017	C$2.86 B	63.27%
2016	C$1.75 B	-22.09%
2015	C$2.24 B	-3.47%
2014	C$2.33 B	59.66%
2013	C$1.45 B	9.34%
2012	C$1.33 B	48.39%
2011	C$0.89 B	-61.17%
2010	C$2.31 B	40.77%
2009	C$1.64 B	203.48%
2008	C$0.54 B	-78.14%
2007	C$2.48 B	102.62%
2006	C$1.22 B

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Market capitalization of Thermax (THERMAX.NS)

Market cap: C$6.64 Billion