Gerdau (GGB) - Market capitalization

Market cap: €5.97 Billion

As of November 2024 Gerdau has a market cap of €5.97 Billion. This makes Gerdau the world's 2309th 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 Gerdau from 1999 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	€5.97 B	-22.16%
2023	€7.67 B	-12.99%
2022	€8.82 B	27.26%
2021	€6.93 B	13.06%
2020	€6.13 B	-14.49%
2019	€7.17 B	34.35%
2018	€5.33 B	6.06%
2017	€5.03 B	2.67%
2016	€4.90 B	195.93%
2015	€1.65 B	-65.29%
2014	€4.77 B	-46.94%
2013	€8.99 B	-15.95%
2012	€10.69 B	10.65%
2011	€9.66 B	-30.74%
2010	€13.95 B	-9.05%
2009	€15.34 B	147.62%
2008	€6.19 B	-52.91%
2007	€13.16 B	63.89%
2006	€8.03 B	-13.95%
2005	€9.33 B	58.92%
2004	€5.87 B	151.64%
2003	€2.33 B	-99.76%
2002	€971.59 B	-22.14%
2001	€1.247 T	21.85%
2000	€1.024 T	68761.52%
1999	€1.48 B

End of Day market cap according to different sources

On Nov 2nd, 2024 the market cap of Gerdau was reported to be:

€5.98 Billion

by Yahoo Finance

€5.97 Billion

by CompaniesMarketCap

€5.98 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Nucor NUE	€31.42 B	425.88%	🇺🇸 USA
ArcelorMittal MT	€17.63 B	195.08%	🇱🇺 Luxembourg
Companhia Siderúrgica Nacional SID	€2.44 B	-59.04%	🇧🇷 Brazil
Steel Dynamics STLD	€19.01 B	218.29%	🇺🇸 USA
U.S. Steel X	€8.01 B	34.13%	🇺🇸 USA
POSCO PKX	€17.13 B	186.83%	🇰🇷 S. Korea
Commercial Metals Company CMC	€5.77 B	-3.40%	🇺🇸 USA
Grupo Simec SIM	€3.90 B	-34.67%	🇲🇽 Mexico
Vale VALE	€41.98 B	602.63%	🇧🇷 Brazil

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 Gerdau (GGB)

Market cap: €5.97 Billion