Magazine Luíza (MGLU3.SA) - Market capitalization

Market cap: ₹114.29 Billion

As of September 2024 Magazine Luíza has a market cap of ₹114.29 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	₹114.29 B	-53.91%
2023	₹247.97 B	-13.88%
2022	₹287.94 B	-54.77%
2021	₹636.61 B	-71.93%
2020	₹2.268 T	65.54%
2019	₹1.370 T	123.04%
2018	₹614.33 B	110.12%
2017	₹292.37 B	512.42%
2016	₹47.74 B	636.34%
2015	₹6.48 B	-80.31%
2014	₹32.92 B	-9.51%
2013	₹36.38 B	-40.03%
2012	₹60.67 B	18.91%
2011	₹51.02 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: ₹114.29 Billion