Magic Software (MGIC) - Market capitalization

Market cap: ₹46.99 Billion

As of November 2024 Magic Software has a market cap of ₹46.99 Billion. This makes Magic Software the world's 6475th 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	Marketcap	Change
2024	₹46.99 B	18.66%
2023	₹39.60 B	-39.59%
2022	₹65.55 B	-15.16%
2021	₹77.26 B	36.74%
2020	₹56.50 B	66.86%
2019	₹33.86 B	29.62%
2018	₹26.12 B	9.78%
2017	₹23.79 B	18.4%
2016	₹20.09 B	21.88%
2015	₹16.49 B	-1.73%
2014	₹16.78 B	2.57%
2013	₹16.35 B	76.78%
2012	₹9.25 B	-7.27%
2011	₹9.97 B	0.36%
2010	₹9.94 B	193.04%
2009	₹3.39 B	72.67%
2008	₹1.96 B	-16%
2007	₹2.33 B	-25.05%
2006	₹3.12 B	45.92%
2005	₹2.13 B	-50.34%
2004	₹4.30 B	-28.89%
2003	₹6.05 B	236.54%
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 Nov 14th, 2024 the market cap of Magic Software was reported to be:

₹47.98 Billion

by Nasdaq

₹48.20 Billion

by CompaniesMarketCap

Market capitalization for similar companies or competitors

Name	Marketcap	Market cap differencediff.	Country
Formula Systems FORTY	₹105.51 B	124.55%	🇮🇱 Israel
Oracle ORCL	₹42.884 T	91,161.13%	🇺🇸 USA
Microsoft MSFT	₹260.231 T	553,689.59%	🇺🇸 USA
IBM IBM	₹16.070 T	34,100.10%	🇺🇸 USA
SAP SAP	₹22.600 T	47,994.60%	🇩🇪 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: ₹46.99 Billion