Michelin (ML.PA) - Market capitalization

Market cap: HK$180.14 Billion

As of November 2024 Michelin has a market cap of HK$180.14 Billion. This makes Michelin the world's 852th 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 Michelin from 2003 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	HK$180.14 B	-9.81%
2023	HK$199.74 B	29.25%
2022	HK$154.54 B	-32%
2021	HK$227.26 B	27.34%
2020	HK$178.46 B	4.96%
2019	HK$170.02 B	21.72%
2018	HK$139.68 B	-30.21%
2017	HK$200.14 B	27.91%
2016	HK$156.47 B	15.48%
2015	HK$135.50 B	2.75%
2014	HK$131.87 B	-14.18%
2013	HK$153.67 B	14.68%
2012	HK$133.99 B	61.95%
2011	HK$82.74 B	-15.72%
2010	HK$98.16 B	11.87%
2009	HK$87.75 B	49.12%
2008	HK$58.84 B	-54.27%
2007	HK$128.68 B	20.38%
2006	HK$106.90 B	71.04%
2005	HK$62.50 B	-12.37%
2004	HK$71.32 B	40.12%
2003	HK$50.90 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 Michelin (ML.PA)

Market cap: HK$180.14 Billion