Michelin (ML.PA) - Market capitalization

Market cap: ₹2.424 Trillion

As of September 2024 Michelin has a market cap of ₹2.424 Trillion. This makes Michelin the world's 706th 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 Michelin from 2003 to 2024

End of year Market Cap

Year	Market cap	Change
2024	₹2.424 T	13.87%
2023	₹2.129 T	30.09%
2022	₹1.636 T	-24.99%
2021	₹2.181 T	30.62%
2020	₹1.670 T	7.25%
2019	₹1.557 T	25.36%
2018	₹1.242 T	-24.53%
2017	₹1.646 T	20.3%
2016	₹1.368 T	17.99%
2015	₹1.159 T	7.7%
2014	₹1.076 T	-12.1%
2013	₹1.225 T	29.52%
2012	₹945.91 B	68.34%
2011	₹561.91 B	-0.39%
2010	₹564.11 B	7.08%
2009	₹526.80 B	37.88%
2008	₹382.07 B	-41.86%
2007	₹657.13 B	8.41%
2006	₹606.17 B	67.03%
2005	₹362.91 B	-9.8%
2004	₹402.35 B	35.37%
2003	₹297.23 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 Michelin (ML.PA)

Market cap: ₹2.424 Trillion