Ericsson (ERIC) - Market capitalization

Market cap: ₹2.295 Trillion

As of November 2024 Ericsson has a market cap of ₹2.295 Trillion. This makes Ericsson the world's 742th 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 Ericsson from 1996 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	₹2.295 T	31.46%
2023	₹1.746 T	8.4%
2022	₹1.611 T	-41.14%
2021	₹2.737 T	-6.05%
2020	₹2.913 T	39.96%
2019	₹2.081 T	3.06%
2018	₹2.019 T	47.9%
2017	₹1.365 T	4.45%
2016	₹1.307 T	-38.05%
2015	₹2.110 T	-14.99%
2014	₹2.482 T	2.07%
2013	₹2.432 T	38.14%
2012	₹1.760 T	-5.8%
2011	₹1.869 T	10.67%
2010	₹1.688 T	20.87%
2009	₹1.397 T	14.66%
2008	₹1.218 T	-17.57%
2007	₹1.478 T	-48.57%
2006	₹2.874 T	15.1%
2005	₹2.497 T	13.51%
2004	₹2.200 T	69.23%
2003	₹1.300 T	151.8%
2002	₹516.30 B	-74.58%
2001	₹2.031 T	-50.83%
2000	₹4.131 T	-26.08%
1999	₹5.589 T	181.38%
1998	₹1.986 T	39.01%
1997	₹1.428 T	36.97%
1996	₹1.043 T

End of Day market cap according to different sources

On Nov 12th, 2024 the market cap of Ericsson was reported to be:

₹2.297 Trillion

by Yahoo Finance

₹2.297 Trillion

by CompaniesMarketCap

₹2.280 Trillion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	₹19.746 T	760.07%	🇺🇸 USA
Nokia NOK	₹2.060 T	-10.27%	🇫🇮 Finland
QUALCOMM QCOM	₹15.319 T	567.23%	🇺🇸 USA
Juniper Networks JNPR	₹1.076 T	-53.12%	🇺🇸 USA
Motorola Solutions MSI	₹7.014 T	205.54%	🇺🇸 USA
Microsoft MSFT	₹265.390 T	11,459.16%	🇺🇸 USA
IBM IBM	₹16.451 T	616.56%	🇺🇸 USA
Ciena CIEN	₹864.40 B	-62.35%	🇺🇸 USA
HP HPQ	₹3.016 T	31.40%	🇺🇸 USA

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 Ericsson (ERIC)

Market cap: ₹2.295 Trillion