Thermax (THERMAX.NS) - Market capitalization

Market cap: HK$32.15 Billion

As of March 2025 Thermax has a market cap of HK$32.15 Billion. This makes Thermax the world's 2981th 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	HK$32.15 B	-28.4%
2024	HK$44.91 B	37.83%
2023	HK$32.58 B	47.15%
2022	HK$22.14 B	-0.72%
2021	HK$22.30 B	94.51%
2020	HK$11.46 B	-18.6%
2019	HK$14.08 B	-5.76%
2018	HK$14.94 B	-15.94%
2017	HK$17.78 B	75.83%
2016	HK$10.11 B	-19.53%
2015	HK$12.56 B	-19.31%
2014	HK$15.57 B	46.49%
2013	HK$10.63 B	2.18%
2012	HK$10.40 B	51.48%
2011	HK$6.86 B	-61.91%
2010	HK$18.03 B	48.72%
2009	HK$12.12 B	251.89%
2008	HK$3.44 B	-82.23%
2007	HK$19.39 B	137.07%
2006	HK$8.17 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)