Magazine Luíza (MGLU3.SA) - Market capitalization

Market cap: $1.19 Billion USD

As of November 2024 Magazine Luíza has a market cap of $1.19 Billion USD. This makes Magazine Luíza the world's 5201th 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 Magazine Luíza from 2011 to 2024

End of year Market Cap

Year	Marketcap	Change
2024	$1.19 B	-59.85%
2023	$2.97 B	-14.4%
2022	$3.47 B	-59.27%
2021	$8.54 B	-72.5%
2020	$31.06 B	61.38%
2019	$19.25 B	117.97%
2018	$8.83 B	92.87%
2017	$4.57 B	551.78%
2016	$0.70 B	619.98%
2015	$97.57 M	-81.25%
2014	$0.52 B	-11.64%
2013	$0.58 B	-46.86%
2012	$1.10 B	14.87%
2011	$0.96 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 Magazine Luíza (MGLU3.SA)