How are the market cap determined?

Market capitalization, or market cap, is determined by multiplying a company's current share price by its total number of outstanding shares. For example, if a company has 1 million shares outstanding and each share is priced at $50, the market cap would be $50 million. This metric is commonly used to assess a company's size and relative value in the Stock Market. Changes in share price and the number of outstanding shares can affect the market cap over time.