Magazine Luíza (MGLU3.SA) - Market capitalization

Market cap: €1.22 Billion

As of September 2024 Magazine Luíza has a market cap of €1.22 Billion. This makes Magazine Luíza the world's 4970th 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 Magazine Luíza from 2011 to 2024

End of year Market Cap

Year	Market cap	Change
2024	€1.22 B	-54.37%
2023	€2.69 B	-16.94%
2022	€3.24 B	-56.8%
2021	€7.50 B	-70.46%
2020	€25.41 B	48.24%
2019	€17.14 B	122.38%
2018	€7.70 B	102.02%
2017	€3.81 B	471.38%
2016	€0.66 B	647.26%
2015	€89.37 M	-79.09%
2014	€0.42 B	0.28%
2013	€0.42 B	-49.16%
2012	€0.83 B	12.86%
2011	€0.74 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 Magazine Luíza (MGLU3.SA)

Market cap: €1.22 Billion