Jeevan Bikas Laghubitta Becomes ‘Highest Market Cap’ Microfinance Company
February 20, 2022 | Investopaper
The market capitalization of a company refers to the total market value of the outstanding shares of that company. So, basically the market capitalization (also known as market cap or market value) of a company is obtained by multiplying the market price per share to the number of outstanding shares of that company. This calculation will help you to determine the size and the strength of the company in the market.
Related:
Net Profit Of Microfinance Companies Listed In Nepal Stock Exchange
Earnings Per Share (EPS) Of Microfinance Companies In Nepal
Market capitalization can be helpful to diversify your portfolio because it is essential to pick different sized companies to minimize the risk associated with your investment. One of the basic features of blue-chip stocks is large market capitalization. On the other hand, the company with small market capitalization can become the most valuable companies in your portfolio if they become successful. But they have a high risk compared to large-cap companies.
Market cap is also a useful metric to determine the changing position of a company in the stock market either it be large, medium or small companies. Likewise, it also reflects the overall market behavior and sentiment too. For instance, when the total market cap of a Nepalese stock market increases on a daily basis for a time period, it is understandable that the market is on an upward trend and vice versa.
In order to compute the market capitalization of a company, we should know the current market price and the total listed shares of the company. Here we have presented the market cap of microfinance companies listed in Nepal Stock Exchange.
Market Capitalization Of Microfinance Companies Listed In Nepal Stock Exchange
SN | Name | Symbol | Market Cap (In Rs Arba) |
1 | Jeevan Bikas Laghubitta Bittya Sanstha Ltd | JBLB | 31.22 |
2 | Chhimek Laghubitta Bikas Bank Limited | CBBL | 29.7 |
3 | Nirdhan Utthan Laghubitta Bittiya Sanstha Limited | NUBL | 26.03 |
4 | Sana Kisan Bikas Bank Ltd | SKBBL | 20.19 |
5 | Forward Microfinance Bittiya Sanstha Ltd. | FOWAD | 19.57 |
6 | NIC ASIA Laghubitta Bittiya Sanstha Limited | NICLBSL | 19.56 |
7 | Deprosc Laghubitta Bittiya Sanstha Limited | DDBL | 16.51 |
8 | National Laghubitta Bikas Bank Limited | NMFBS | 14.66 |
9 | Swabalamban Laghubitta Bittiya Sanstha Limited | SWBBL | 14.17 |
10 | RMDC Laghubitta Bittiya Sanstha Ltd. | RMDC | 13.58 |
11 | Mero Laghubitta Bikas Bank Limited | MERO | 13.41 |
12 | Grameen Bikas Laghubitta Bittiya Sanstha Ltd. | GBLBS | 9.77 |
13 | Global IME Laghubitta Bittiya Sanstha Ltd. | GILB | 8.89 |
14 | First Micro Finance Development Bank Ltd. | FMDBL | 7.85 |
15 | Nerude Laghubita Bikas Bank Limited | NLBBL | 7.17 |
16 | Mirmire Laghubitta Bikas Bank Limited | MMFDB | 6.94 |
17 | NMB Laghubitta Bikas Bank Limited | NMBMF | 6.67 |
18 | Kisan Lagubitta Bittiya Sanstha Limited | KLBSL | 6.2 |
19 | RSDC Laghubitta Bittiya Sanstha Ltd. | RSDC | 5.82 |
20 | Summit Laghubitta Bittiya Sanstha Limited | SMFDB | 5.76 |
21 | Laxmi Laghubitta Bittiya Sanstha Ltd. | LLBS | 5.73 |
22 | Swarojgar Laghubitta Bikas Bank Limited | SLBBL | 5.62 |
23 | Mahila Lagubitta Bittiya Sanstha Limited | MLBSL | 5.41 |
24 | Infinity Laghubitta Bittiya Sanstha Limited | ILBS | 5.26 |
25 | Asha Laghubitta Bittiya Sanstha Ltd | ALBSL | 5.02 |
26 | Aarambha Chautari Laghubitta Bittiya Sanstha Limited | ACLBSL | 4.35 |
27 | Mahuli Laghubitta Bittiya Sanstha Limited | MSLB | 4.22 |
28 | Kalika Laghubitta Bittiya Sanstha Ltd | KMCDB | 4.2 |
29 | Sadhana Laghubitta Bittiya Sanstha Limited | SDLBSL | 4.14 |
30 | Vijaya laghubitta Bittiya Sanstha Ltd. | VLBS | 4.05 |
31 | Sabaiko Laghubitta Bittiya Sanstha Ltd. | SABSL | 3.73 |
32 | Samata Gharelu Laghubitta Bittiya Sanstha Limited | SMATA | 3.71 |
33 | Naya Sarathi Laghubitta Bittiya Sanstha Limited | NSLB | 3.54 |
34 | Janautthan Samudayic Laghubitta Bikas Bank Ltd. | JSLBB | 3.48 |
35 | Unnati Sahakarya Laghubitta Bittiya Sanstha Limited | USLB | 3.4 |
36 | Civil Laghubitta Bittiya Sanstha Ltd. | CLBSL | 2.88 |
37 | Mithila LaghuBitta Bittiya Sanstha Limited | MLBBL | 2.78 |
38 | Swabhimaan Laghubitta Bittiya Sanstha Limited | SMFBS | 2.32 |
39 | Ganapati Laghubitta Bittiya Sanstha Limited | GMFBS | 1.86 |
40 | Manakamana Smart Laghubitta Bittiya Sanstha Limited | MKLB | 1.85 |
41 | Samudayik Laghubitta Bittiya Sanstha Limited | SLBSL | 1.69 |
42 | Support Microfinance Bittiya Sanstha Ltd. | SMB | 1.53 |
43 | Manushi Laghubitta Bittiya Sanstha Limited | MLBS | 1.51 |
44 | Gurans Laghubitta Bittiya Sanstha Limited | GLBSL | 1.27 |
45 | Wean Nepal Laghubitta Bittiya Sanstha Limited | WNLB | 1.1 |
Note:
The share price is of February 20, 2022 [Falgun 8, 2078 BS]. The total listed shares of the banks is of Mid-Jan 2022 [Poush end, 2078 BS]. At current, the share price as well as listed shares may vary along with the market capitalization.
The microfinance companies currently in merger/acquisition are excluded.
Conclusion
From the above table, we know that Jeevan Bikas Laghubitta is the biggest microfinance company of Nepal in terms of market capitalization. JBLB has a market value of Rs 31.22 Arba (As of Falgun 8, 2078 BS). It is followed by Chhimek Laghubitta with Rs 29.7 Arba market capitalization. Similarly, Wean Nepal laghubitta has the lowest market value of Rs 1.1 Arba.
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