Magic Software (MGIC) - Market capitalization

Market cap: ₹47.53 Billion

As of September 2024 Magic Software has a market cap of ₹47.53 Billion. This makes Magic Software the world's 6333th 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 Magic Software from 1996 to 2024

End of year Market Cap

Year	Market cap	Change
2024	₹47.53 B	20.03%
2023	₹39.60 B	-39.59%
2022	₹65.55 B	-15.27%
2021	₹77.36 B	37.14%
2020	₹56.40 B	66.89%
2019	₹33.80 B	30.05%
2018	₹25.99 B	9.21%
2017	₹23.79 B	18.4%
2016	₹20.09 B	21.9%
2015	₹16.48 B	-1.6%
2014	₹16.75 B	2.39%
2013	₹16.36 B	76.81%
2012	₹9.25 B	-7.26%
2011	₹9.97 B	0.31%
2010	₹9.94 B	192.05%
2009	₹3.40 B	67.6%
2008	₹2.03 B	-13.53%
2007	₹2.35 B	-24.69%
2006	₹3.12 B	45.92%
2005	₹2.13 B	-45.32%
2004	₹3.91 B	-35.54%
2003	₹6.06 B	237.17%
2002	₹1.79 B	-37.29%
2001	₹2.87 B	-12.01%
2000	₹3.26 B	-86.07%
1999	₹23.42 B	2735.34%
1998	₹0.82 B	6.52%
1997	₹0.77 B	-49.97%
1996	₹1.55 B

End of Day market cap according to different sources

On Sep 18th, 2024 the market cap of Magic Software was reported to be:

₹47.19 Billion

by Yahoo Finance

₹47.19 Billion

by CompaniesMarketCap

₹46.66 Billion

by Nasdaq

Market capitalization for similar companies or competitors

Name	Market cap	Market cap differencediff.	Country
Formula Systems FORTY	₹95.43 B	100.78%	🇮🇱 Israel
Oracle ORCL	₹38.959 T	81,859.41%	🇺🇸 USA
Microsoft MSFT	₹273.561 T	575,397.01%	🇺🇸 USA
IBM IBM	₹16.529 T	34,672.73%	🇺🇸 USA
SAP SAP	₹22.417 T	47,060.62%	🇩🇪 Germany

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 Magic Software (MGIC)

Market cap: ₹47.53 Billion