Gerdau (GGB) - Market capitalization

Market cap: HK$54.23 Billion

As of November 2024 Gerdau has a market cap of HK$54.23 Billion. This makes Gerdau the world's 2204th 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 Gerdau from 1999 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	HK$54.23 B	-18.16%
2023	HK$66.26 B	-10.37%
2022	HK$73.93 B	20.78%
2021	HK$61.21 B	4.71%
2020	HK$58.46 B	-6.54%
2019	HK$62.55 B	30.84%
2018	HK$47.81 B	1.35%
2017	HK$47.17 B	18%
2016	HK$39.97 B	184.83%
2015	HK$14.03 B	-68.81%
2014	HK$45.00 B	-53.26%
2013	HK$96.29 B	-12.22%
2012	HK$109.69 B	12.48%
2011	HK$97.52 B	-32.51%
2010	HK$144.50 B	-15.25%
2009	HK$170.51 B	154.62%
2008	HK$66.96 B	-55.32%
2007	HK$149.88 B	81.8%
2006	HK$82.44 B	-3.85%
2005	HK$85.74 B	38.46%
2004	HK$61.92 B	171.83%
2003	HK$22.78 B	-99.71%
2002	HK$7.920 T	-7.83%
2001	HK$8.592 T	14.21%
2000	HK$7.523 T	64620.41%
1999	HK$11.62 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Gerdau was reported to be:

HK$56.85 Billion

by Nasdaq

HK$55.28 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Nucor NUE	HK$270.76 B	399.25%	🇺🇸 USA
ArcelorMittal MT	HK$153.97 B	183.91%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	HK$20.91 B	-61.44%	🇧🇷 Brazil
Steel Dynamics STLD	HK$170.65 B	214.67%	🇺🇸 USA
U.S. Steel X	HK$67.25 B	24.01%	🇺🇸 USA
POSCO PKX	HK$124.63 B	129.81%	🇰🇷 S. Korea
Commercial Metals Company CMC	HK$52.94 B	-2.38%	🇺🇸 USA
Grupo Simec SIM	HK$32.84 B	-39.44%	🇲🇽 Mexico
Vale VALE	HK$333.19 B	514.38%	🇧🇷 Brazil

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 Gerdau (GGB)

Market cap: HK$54.23 Billion