Magazine Luíza (MGLU3.SA) - Market capitalization

Market cap: HK$10.62 Billion

As of September 2024 Magazine Luíza has a market cap of HK$10.62 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	HK$10.62 B	-54.35%
2023	HK$23.26 B	-14.43%
2022	HK$27.18 B	-59.18%
2021	HK$66.60 B	-72.35%
2020	HK$240.87 B	60.65%
2019	HK$149.93 B	116.8%
2018	HK$69.15 B	93.31%
2017	HK$35.77 B	556.69%
2016	HK$5.44 B	620.36%
2015	HK$0.75 B	-81.27%
2014	HK$4.03 B	-11.59%
2013	HK$4.56 B	-46.83%
2012	HK$8.58 B	14.63%
2011	HK$7.49 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: HK$10.62 Billion