Magazine Luíza (MGLU3.SA) - Market capitalization

Market cap: NZ$2.20 Billion

As of September 2024 Magazine Luíza has a market cap of NZ$2.20 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	NZ$2.20 B	-53.25%
2023	NZ$4.71 B	-14.06%
2022	NZ$5.48 B	-56.06%
2021	NZ$12.47 B	-71.12%
2020	NZ$43.19 B	51.37%
2019	NZ$28.53 B	116.84%
2018	NZ$13.16 B	104.12%
2017	NZ$6.44 B	535.71%
2016	NZ$1.01 B	610.58%
2015	NZ$0.14 B	-78.48%
2014	NZ$0.66 B	-7.49%
2013	NZ$0.71 B	-46.95%
2012	NZ$1.35 B	9.35%
2011	NZ$1.23 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: NZ$2.20 Billion