Michelin (ML.PA) - Market capitalization

Market cap: ₹2.169 Trillion

As of January 2025 Michelin has a market cap of ₹2.169 Trillion. This makes Michelin the world's 793th 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 2025

End of year Market Cap

Year	Marketcap	Change
2025	₹2.169 T	6.2%
2024	₹2.042 T	-4.07%
2023	₹2.129 T	30.09%
2022	₹1.636 T	-24.55%
2021	₹2.169 T	28.85%
2020	₹1.683 T	8.15%
2019	₹1.556 T	24.82%
2018	₹1.247 T	-23.75%
2017	₹1.635 T	19.29%
2016	₹1.371 T	18.02%
2015	₹1.161 T	7.82%
2014	₹1.077 T	-11.99%
2013	₹1.224 T	29.35%
2012	₹946.54 B	67.96%
2011	₹563.54 B	-0.3%
2010	₹565.26 B	7.64%
2009	₹525.14 B	43.47%
2008	₹366.04 B	-43.49%
2007	₹647.73 B	6.4%
2006	₹608.78 B	67.82%
2005	₹362.76 B	-8.74%
2004	₹397.51 B	32.94%
2003	₹299.01 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: ₹2.169 Trillion