Market capitalization of Ericsson (ERIC)

Market cap: HK$210.17 Billion

As of November 2024 Ericsson has a market cap of HK$210.17 Billion. This makes Ericsson the world's 746th 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	HK$210.17 B	28.28%
2023	HK$163.84 B	7.7%
2022	HK$152.12 B	-46.95%
2021	HK$286.75 B	-7.15%
2020	HK$308.83 B	35.84%
2019	HK$227.35 B	0.5%
2018	HK$226.21 B	35.37%
2017	HK$167.10 B	12%
2016	HK$149.19 B	-39.39%
2015	HK$246.15 B	-18.99%
2014	HK$303.83 B	-0.47%
2013	HK$305.28 B	22.48%
2012	HK$249.25 B	-9.17%
2011	HK$274.42 B	-6.44%
2010	HK$293.30 B	25.62%
2009	HK$233.49 B	19.18%
2008	HK$195.92 B	-33.29%
2007	HK$293.70 B	-41.81%
2006	HK$504.76 B	17.31%
2005	HK$430.26 B	8.99%
2004	HK$394.78 B	78.37%
2003	HK$221.32 B	163.6%
2002	HK$83.96 B	-74.42%
2001	HK$328.29 B	-52.45%
2000	HK$690.37 B	-30.88%
1999	HK$998.79 B	175.96%
1998	HK$361.93 B	28.45%
1997	HK$281.75 B	25.54%
1996	HK$224.44 B

End of Day market cap according to different sources

On Nov 20th, 2024 the market cap of Ericsson was reported to be:

HK$199.85 Billion

by Yahoo Finance

HK$199.85 Billion

by CompaniesMarketCap

HK$207.93 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Cisco CSCO	HK$1.782 T	747.94%	🇺🇸 USA
Nokia NOK	HK$180.04 B	-14.34%	🇫🇮 Finland
QUALCOMM QCOM	HK$1.333 T	534.61%	🇺🇸 USA
Juniper Networks JNPR	HK$91.88 B	-56.28%	🇺🇸 USA
Motorola Solutions MSI	HK$640.66 B	204.82%	🇺🇸 USA
Microsoft MSFT	HK$24.040 T	11,337.98%	🇺🇸 USA
IBM IBM	HK$1.544 T	634.72%	🇺🇸 USA
Ciena CIEN	HK$74.72 B	-64.45%	🇺🇸 USA
HP HPQ	HK$275.00 B	30.84%	🇺🇸 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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