Graph of ranks of first five companies (2009-2011)
The following is a
list of publicly traded companies having the greatest market capitalization, as well as
government-owned corporations by estimated market value.
Market capitalization is calculated from the share price (as recorded
on selected day) multiplied by the number of shares issued. Figures are
converted into
USD millions (using rate from selected day) to allow for comparison.
Some
state-owned companies are far larger than even the largest public corporation. For example
Saudi Aramco's value is estimated from $781 billion
[1] to $7 trillion USD, more than a dozen times the size of any companies on this list making it the world's most valuable company.
[2]
Publicly traded companies
2012
This
Financial Times Global 500 based list is up to date as of December 31, 2012. Indicated changes in market value are relative to the previous quarter.
| Rank |
First quarter[3] |
Second quarter[4] |
Third quarter[5] |
Fourth quarter[6] |
| 1 |
 |
Apple Inc.
559,002.1 |
 |
Apple Inc.
546,076.1 |
 |
Apple Inc.
625,348.1 |
 |
Apple Inc.
500,610.7 |
| 2 |
 |
Exxon Mobil
408,777.4 |
 |
Exxon Mobil
400,139.1 |
 |
Exxon Mobil
422,127.5 |
 |
Exxon Mobil
394,610.9 |
| 3 |
 |
PetroChina
278,968.4 |
 |
PetroChina
257,685.8 |
 |
PetroChina
253,853.3 |
 |
PetroChina
264,833.4 |
| 4 |
 |
Microsoft
270,644.1 |
 |
Microsoft
256,982.4 |
 |
Microsoft
249,489.8 |

 |
BHP Billiton
247,409.0 |
| 5 |
 |
IBM
241,754.6 |
 |
Wal-Mart
235,900.3 |
 |
Wal-Mart
248,074.4 |
 |
ICBC
236,457.9 |
| 6 |
 |
ICBC
236,335.4 |
 |
IBM
225,598.5 |
 |
General Electric
239,791.2 |
 |
China Mobile
234,040.2 |
| 7 |

 |
Royal Dutch Shell
222,425.1 |
 |
General Electric
220,806.3 |
 |
IBM
237,068.4 |
 |
Wal-Mart
228,245.4 |
| 8 |
 |
China Mobile
220,978.9 |
 |
China Mobile
219,481.3 |
 |
Chevron Corporation
228,707.1 |
 |
Samsung Electronics
227,581.8 |
| 9 |
 |
General Electric
212,317.7 |

 |
Royal Dutch Shell
217,048.2 |
 |
China Mobile
222,817.8 |
 |
Microsoft
224,801.0 |
| 10 |
 |
Chevron Corporation
211,950.6 |
 |
ICBC
211,196.0 |

 |
Royal Dutch Shell
222,669.6 |

 |
Royal Dutch Shell
222,669.6 |
2011
This
Financial Times Global 500 based list is up to date as of December 31, 2011. Indicated changes in market value are relative to the previous quarter.
| Rank |
First quarter[7] |
Second quarter[8] |
Third quarter[9] |
Fourth quarter[10] |
| 1 |
 |
Exxon Mobil
417,166.7 |
 |
Exxon Mobil
400,884.5 |
 |
Apple Inc.
353,518.1 |
 |
Exxon Mobil
406,272.1 |
| 2 |
 |
PetroChina
326,199.2 |
 |
Apple Inc.
310,412.3 |
 |
Exxon Mobil
353,135.2 |
 |
Apple Inc.
376,410.6 |
| 3 |
 |
Apple Inc.
321,072.1 |
 |
PetroChina
303,649.9 |
 |
PetroChina
276,473.9 |
 |
PetroChina
276,844.9 |
| 4 |
 |
Industrial and Commercial Bank of China
251,078.1 |
 |
Industrial and Commercial Bank of China
246,850.5 |
 |
IBM
208,843.5 |

 |
Royal Dutch Shell
236,677.0 |
| 5 |
 |
Petrobras
247,417.6 |

 |
BHP Billiton
233,626.5 |
 |
Microsoft
208,534.9 |
 |
Industrial and Commercial Bank of China
228,168.1 |
| 6 |

 |
BHP Billiton
247,079.5 |

 |
Royal Dutch Shell
225,122.8 |
 |
Industrial and Commercial Bank of China
206,021.4 |
 |
Microsoft
218,380.1 |
| 7 |
 |
China Construction Bank
232,608.6 |
 |
Microsoft
219,251.9 |
 |
China Mobile
198,778.7 |
 |
IBM
216,724.4 |
| 8 |

 |
Royal Dutch Shell
226,128.7 |
 |
Nestlé
215,017.5 |

 |
Royal Dutch Shell
197,061.1 |
 |
Chevron Corporation
211,893.9 |
| 9 |
 |
Chevron Corporation
215,780.6 |
 |
Petrobras
210,111.4 |
 |
Nestlé
191,115.6 |
 |
Wal-mart
204,659.8 |
| 10 |
 |
Microsoft
213,336.4 |
 |
IBM
207,781.4 |
 |
Chevron Corporation
185,456.1 |
 |
China Mobile
196,148.4 |
2010
This
Financial Times Global 500 based list is up to date as of December 31, 2010. Indicated changes in market value are relative to the previous quarter.
| Rank |
First quarter[11] |
Second quarter[12] |
Third quarter[13] |
Fourth quarter[14] |
| 1 |
 |
PetroChina
329,259.7 |
 |
Exxon Mobil
291,789.1 |
 |
Exxon Mobil
314,622.5 |
 |
Exxon Mobil
368,711.5 |
| 2 |
 |
Exxon Mobil
316,230.8 |
 |
PetroChina
268,504.8 |
 |
PetroChina
270,889.9 |
 |
PetroChina
303,273.6 |
| 3 |
 |
Microsoft
256,864.7 |
 |
Apple Inc.
228,876.8 |
 |
Apple Inc.
259,223.4 |
 |
Apple Inc.
295,886.3 |
| 4 |
 |
Industrial and Commercial Bank of China
246,419.8 |
 |
Industrial and Commercial Bank of China
211,258.7 |
 |
Petrobras
220,616.5 |

 |
BHP Billiton
243,540.3 |
| 5 |
 |
Apple Inc.
213,096.7 |
 |
Microsoft
201,655.8 |
 |
Industrial and Commercial Bank of China
213,364.1 |
 |
Microsoft
238,784.5 |
| 6 |

 |
BHP Billiton
209,935.1 |
 |
China Mobile
201,471.2 |
 |
Microsoft
210,676.4 |
 |
Industrial and Commercial Bank of China
233,369.1 |
| 7 |
 |
Wal-mart
209,000.7 |
 |
Berkshire Hathaway
197,356.8 |
 |
China Mobile
205,339.6 |
 |
Petrobras
229,066.6 |
| 8 |
 |
Berkshire Hathaway
200,620.5 |
 |
China Construction Bank
189,170.7 |
 |
Berkshire Hathaway
204,792.0 |
 |
China Construction Bank
222,245.1 |
| 9 |
 |
General Electric
194,246.2 |
 |
Signs Maker Inc
178,322.7 |
 |
China Construction Bank
202,998.4 |

 |
Royal Dutch Shell
208,593.7 |
| 10 |
 |
China Mobile
192,998.6 |
 |
Procter & Gamble
172,736.5 |

 |
BHP Billiton
196,866.0 |
 |
Nestlé
203,534.3 |
2009
This
Financial Times Global 500 based list is up to date as of December 31, 2009. Indicated changes in market value are relative to the previous quarter.
| Rank |
First quarter [15] |
Second quarter [16] |
Third quarter [17] |
Fourth quarter [18] |
| 1 |
 |
Exxon Mobil
336,525 |
 |
PetroChina
366,662.9 |
 |
Exxon Mobil
329,725 |
 |
PetroChina
353,140.1 |
| 2 |
 |
PetroChina
287,185 |
 |
Exxon Mobil
341,140.3 |
 |
PetroChina
325,097.5 |
 |
Exxon Mobil
323,717.1 |
| 3 |
 |
Wal-Mart
204,365 |
 |
Industrial and Commercial Bank of China
257,004.4 |
 |
Industrial and Commercial Bank of China
237,951.5 |
 |
Microsoft
270,635.4 |
| 4 |
 |
Industrial and Commercial Bank of China
187,885 |
 |
Microsoft
211,546.2 |
 |
Microsoft
229,630.7 |
 |
Industrial and Commercial Bank of China
268,956.2 |
| 5 |
 |
China Mobile
174,673 |
 |
China Mobile
200,832.4 |
 |
HSBC
198,561.1 |
 |
Wal-Mart
203,653.6 |
| 6 |
 |
Microsoft
163,320 |
 |
Wal-Mart
188,752.0 |
 |
China Mobile
195,680.4 |
 |
China Construction Bank
201,436.1 |
| 7 |
 |
AT&T
148,511 |
 |
China Construction Bank
182,186.7 |
 |
Wal-Mart
189,331.6 |

 |
BHP Billiton
201,248 |
| 8 |
 |
Johnson & Johnson
145,481 |
 |
Petrobras
165,056.9 |
 |
Petrobras
189,027.7 |
 |
HSBC
199,254.9 |
| 9 |

 |
Royal Dutch Shell
138,999 |
 |
Johnson & Johnson
156,515.9 |
 |
China Construction Bank
186,816.7 |
 |
Petrobras
199,107.9 |
| 10 |
 |
Procter & Gamble
138,013 |

 |
Royal Dutch Shell
156,386.7 |

 |
Royal Dutch Shell
175,986.1 |
 |
Apple Inc.
189,801.7 |
2008
This
Financial Times Global 500 based list is up to date as of December 31, 2008. Indicated changes in market value are relative to the previous quarter.
| Rank |
First quarter [19] |
Second quarter [20] |
Third quarter [21] |
Fourth quarter [22] |
| 1 |
 |
Exxon Mobil
452,505 |
 |
Exxon Mobil
465,652 |
 |
Exxon Mobil
403,366 |
 |
Exxon Mobil
406,067 |
| 2 |
 |
PetroChina
423,996 |
 |
PetroChina
341,140.3 |
 |
PetroChina
325,097.5 |
 |
PetroChina
259,836 |
| 3 |
 |
General Electric
369,569 |
 |
Industrial and Commercial Bank of China
257,004.4 |
 |
Industrial and Commercial Bank of China
237,951.5 |
 |
Wal-Mart
219,898 |
| 4 |
 |
Gazprom
299,764 |
 |
Microsoft
211,546.2 |
 |
Microsoft
229,630.7 |
 |
China Mobile
201,291 |
| 5 |
 |
China Mobile
298,093 |
 |
China Mobile
200,832.4 |
 |
HSBC
198,561.1 |
 |
Procter & Gamble
184,576 |
| 6 |
 |
Industrial and Commercial Bank of China
277,236 |
 |
Wal-Mart
188,752.0 |
 |
China Mobile
195,680.4 |
 |
Industrial and Commercial Bank of China
173,930 |
| 7 |
 |
Microsoft
264,132 |
 |
China Construction Bank
182,186.7 |
 |
Wal-Mart
189,331.6 |
 |
Microsoft
172,929 |
| 8 |
 |
AT&T
231,168 |
 |
Petrobras
165,056.9 |
 |
Petrobras
189,027.7 |
 |
AT&T
167,950 |
| 9 |

 |
Royal Dutch Shell
220,110 |
 |
Johnson & Johnson
156,515.9 |
 |
China Construction Bank
186,816.7 |
 |
Johnson & Johnson
166,002 |
| 10 |
 |
Procter & Gamble
215,640 |

 |
Royal Dutch Shell
156,386.7 |

 |
Royal Dutch Shell
175,986.1 |
 |
General Electric
161,278 |
2007
Fourth quarter
This
Financial Times based list is up to date as of December 31, 2007.
[23]
1 |
Petrochina |
China |
Oil and gas |
723,952 |
2 |
Exxon Mobil |
United States |
Oil and gas |
511,887 |
3 |
General Electric |
United States |
Conglomerate |
374,637 |
4 |
China Mobile |
Hong Kong |
Telecommunications |
354,120 |
5 |
Industrial and Commercial Bank of China |
China |
Banking |
338,989 |
6 |
Microsoft |
United States |
Software industry |
333,054 |
7 |
Gazprom |
Russia |
Oil and gas |
329,591 |
8 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
269,544 |
9 |
AT&T |
United States |
Telecommunications |
252,051 |
10 |
Sinopec |
China |
Oil and gas |
249,645 |
Third quarter
This
Financial Times based list is up to date as of September 28, 2007.
[24]
1 |
Exxon Mobil |
United States |
Oil and gas |
513,362 |
2 |
General Electric |
United States |
Conglomerate |
424,191 |
3 |
China Mobile |
Hong Kong |
Telecommunications |
327,937 |
4 |
Industrial and Commercial Bank of China |
China |
Banking |
279,269 |
5 |
Microsoft |
United States |
Software industry |
276,202 |
6 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
264,397 |
7 |
Gazprom |
Russia |
Oil and gas |
260,249 |
8 |
AT&T |
United States |
Telecommunications |
258,047 |
9 |
Citigroup |
United States |
Banking |
232,162 |
10 |
Bank of America |
United States |
Banking |
223,066 |
Second quarter
This
Financial Times based list is up to date as of June 29, 2007.
[25]
1 |
Exxon Mobil |
United States |
Oil and gas |
472,519 |
2 |
General Electric |
United States |
Conglomerate |
393,831 |
3 |
Microsoft |
United States |
Software industry |
281,934 |
4 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
266,141 |
5 |
AT&T |
United States |
Telecommunications |
255,871 |
6 |
Citigroup |
United States |
Banking |
253,703 |
7 |
Gazprom |
Russia |
Oil and gas |
245,757 |
8 |
BP |
United Kingdom |
Oil and gas |
231,495 |
9 |
Toyota Motor Corporation |
Japan |
Automotive |
228,009 |
10 |
Bank of America |
United States |
Banking |
216,963 |
First quarter
This
Financial Times based list is up to date as of 30 March 2007.
[26]
1 |
Exxon Mobil |
United States |
Oil and gas |
429,567 |
2 |
General Electric |
United States |
Conglomerate |
363,611 |
3 |
Microsoft |
United States |
Software industry |
272,912 |
4 |
Citigroup |
United States |
Banking |
252,857 |
5 |
AT&T |
United States |
Telecommunications |
246,206 |
6 |
Gazprom |
Russia |
Oil and gas |
245,911 |
7 |
Toyota Motor Corporation |
Japan |
Automotive |
230,832 |
8 |
Bank of America |
United States |
Banking |
228,177 |
9 |
Industrial and Commercial Bank of China |
China |
Banking |
224,788 |
10 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
214,018 |
2006
Fourth quarter
This Financial Times based list is up to date as of December 2006.
[27]
1 |
Exxon Mobil |
United States |
Oil and gas |
446,943 |
2 |
General Electric |
United States |
Conglomerate |
383,564 |
3 |
Microsoft |
United States |
Software industry |
293,537 |
4 |
Citigroup |
United States |
Banking |
273,691 |
5 |
Gazprom |
Russia |
Oil and gas |
271,482 |
6 |
Industrial and Commercial Bank of China |
China |
Banking |
254,592 |
7 |
Toyota Motor Corporation |
Japan |
Automotive |
241,161 |
8 |
Bank of America |
United States |
Banking |
239,758 |
9 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
225,781 |
10 |
BP |
United Kingdom |
Oil and gas |
218,643 |
Third quarter
This Financial Times based list is up to date as of 30 September 2006.
[28]
1 |
Exxon Mobil |
United States |
Oil and gas |
398,906 |
2 |
General Electric |
United States |
Conglomerate |
364,414 |
3 |
Microsoft |
United States |
Software industry |
272,679.0 |
4 |
Gazprom |
Russia |
Oil and gas |
254,634.3 |
5 |
Citigroup |
United States |
Banking |
246,727 |
6 |
Bank of America |
United States |
Banking |
242,451 |
7 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
216,368 |
8 |
BP |
United Kingdom |
Oil and gas |
215,623 |
9 |
HSBC |
United Kingdom |
Banking |
209,774 |
10 |
Pfizer |
United States |
Health care |
206,785 |
Second quarter
This Financial Times based list is up to date as of 30 June 2006.
[29]
1 |
Exxon Mobil |
United States |
Oil and gas |
371,187 |
2 |
General Electric |
United States |
Conglomerate |
342,731 |
3 |
Gazprom |
Russia |
Oil and gas |
246,341 |
4 |
Citigroup |
United States |
Banking |
239,862 |
5 |
Microsoft |
United States |
Software industry |
237,688 |
6 |
BP |
United Kingdom |
Oil and gas |
233,151 |
7 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
224,925 |
8 |
Bank of America |
United States |
Banking |
219,504 |
9 |
HSBC |
United Kingdom |
Banking |
201,854 |
10 |
Wal-Mart |
United States |
Retail |
200,762 |
First quarter
This Financial Times based list is up to date as of March 2006.
[30]
1 |
Exxon Mobil |
United States |
Oil and gas |
371,631 |
2 |
General Electric |
United States |
Conglomerate |
362,527 |
3 |
Microsoft |
United States |
Software industry |
281,171 |
4 |
Citigroup |
United States |
Banking |
238,935 |
5 |
BP |
United Kingdom |
Oil and gas |
233,260 |
6 |
Bank of America |
United States |
Banking |
211,706 |
7 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
211,280 |
8 |
Wal-Mart |
United States |
Retail |
196,860 |
9 |
Toyota Motor Corporation |
Japan |
Automotive |
196,731 |
10 |
Gazprom |
Russia |
Oil and gas |
196,339 |
2005
This Financial Times based list is up to date as of 31 March 2005.
[31]
| 1 |
General Electric |
United States |
Conglomerate |
382,233 |
| 2 |
Exxon Mobil |
United States |
Oil and gas |
380,567 |
| 3 |
Microsoft |
United States |
Software industry |
262,975 |
| 4 |
Citigroup |
United States |
Banking |
234,437 |
| 5 |
BP |
United Kingdom |
Oil and gas |
221,365 |
| 6 |
Wal-Mart |
United States |
Retail |
212,209 |
| 7 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
210,630 |
| 8 |
Johnson & Johnson |
United States |
Health care |
199,711 |
| 9 |
Pfizer |
United States |
Health care |
195,945 |
| 10 |
Bank of America |
United States |
Banking |
178,765 |
2004
This Financial Times based list is up to date as of 31 March 2004.
[32]
| 1 |
General Electric |
United States |
Conglomerate |
299,336 |
| 2 |
Microsoft |
United States |
Software industry |
271,911 |
| 3 |
Exxon Mobil |
United States |
Oil and gas |
263,940 |
| 4 |
Pfizer |
United States |
Health care |
261,616 |
| 5 |
Citigroup |
United States |
Banking |
259,191 |
| 6 |
Wal-Mart |
United States |
Retail |
258,888 |
| 7 |
American International Group |
United States |
Insurance |
183,696 |
| 8 |
Intel Corporation |
United States |
Computer hardware |
179,996 |
| 9 |
BP |
United Kingdom |
Oil and gas |
174,648 |
| 10 |
HSBC |
United Kingdom |
Banking |
163,574 |
2003
This Financial Times based list is up to date as of 31 March 2003.
[33]
| 1 |
Microsoft |
United States |
Software industry |
264,003 |
| 2 |
General Electric |
United States |
Conglomerate |
259,647 |
| 3 |
Exxon Mobil |
United States |
Oil and gas |
241,037 |
| 4 |
Wal-Mart |
United States |
Retail |
234,399 |
| 5 |
Pfizer |
United States |
Health care |
195,948 |
| 6 |
Citigroup |
United States |
Banking |
183,887 |
| 7 |
Johnson & Johnson |
United States |
Health care |
170,417 |
| 8 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
149,034 |
| 9 |
BP |
United Kingdom |
Oil and gas |
144,381 |
| 10 |
IBM |
United States |
Computer software, Computer hardware |
139,272 |
2002
This Financial Times based list is up to date as of 31 March 2002.
[34]
| 1 |
General Electric |
United States |
Conglomerate |
372,089 |
| 2 |
Microsoft |
United States |
Software industry |
326,639 |
| 3 |
Exxon Mobil |
United States |
Oil and gas |
299,820 |
| 4 |
Wal-Mart |
United States |
Retail |
273,220 |
| 5 |
Citigroup |
United States |
Banking |
255,299 |
| 6 |
Pfizer |
United States |
Health care |
249,021 |
| 7 |
Intel Corporation |
United States |
Computer hardware |
203,838 |
| 8 |
BP |
United Kingdom |
Oil and gas |
200,794 |
| 9 |
Johnson & Johnson |
United States |
Health care |
197,912 |
| 10 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
189,913 |
2001
This Financial Times based list is up to date as of 31 March 2001.
[35]
| 1 |
General Electric |
United States |
Conglomerate |
477,406 |
| 2 |
Cisco Systems |
United States |
Networking hardware |
304,699 |
| 3 |
Exxon Mobil |
United States |
Oil and gas |
286,367 |
| 4 |
Pfizer |
United States |
Health care |
263,996 |
| 5 |
Microsoft |
United States |
Software industry |
258,436 |
| 6 |
Wal-Mart |
United States |
Retail |
250,955 |
| 7 |
Citigroup |
United States |
Banking |
250,143 |
| 8 |
Vodafone |
United Kingdom |
Telecommunications |
227,175 |
| 9 |
Intel Corporation |
United States |
Computer hardware |
227,048 |
| 10 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
206,340 |
2000
This Financial Times based list is up to date as of 31 March 2000.
[36]
| 1 |
Microsoft |
United States |
Software industry |
586,197 |
| 2 |
General Electric |
United States |
Conglomerate |
474,956 |
| 3 |
NTT DoCoMo |
Japan |
Telecommunications |
366,204 |
| 4 |
Cisco Systems |
United States |
Networking hardware |
348,965 |
| 5 |
Wal-Mart |
United States |
Retail |
286,153 |
| 6 |
Intel Corporation |
United States |
Computer hardware |
277,096 |
| 7 |
Nippon Telegraph and Telephone |
Japan |
Telecommunications |
274,905 |
| 8 |
Exxon Mobil |
United States |
Oil and gas |
265,894 |
| 9 |
Lucent Technologies |
United States |
Telecommunications |
237,668 |
| 10 |
Deutsche Telekom |
Germany |
Telecommunications |
209,628 |
1999
This Financial Times based list is up to date as of 30 September 1998.
[37]
| 1 |
Microsoft |
United States |
Software industry |
271,854 |
| 2 |
General Electric |
United States |
Conglomerate |
258,871 |
| 3 |
Exxon Mobil |
United States |
Oil and gas |
172,213 |
| 4 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
164,157 |
| 5 |
Merck |
United States |
Health care |
154,753 |
| 6 |
Pfizer |
United States |
Health care |
148,074 |
| 7 |
Intel Corporation |
United States |
Computer hardware |
144,060 |
| 8 |
The Coca-Cola Company |
United States |
Beverage |
142,164 |
| 9 |
Wal-Mart |
United States |
Retail |
123,062 |
| 10 |
IBM |
United States |
Software industry, Computer hardware |
121,184 |
1998
This Financial Times based list is up to date as of 30 September 1997.
[38]
| 1 |
General Electric |
United States |
Conglomerate |
222,748 |
| 2 |
Royal Dutch Shell |
The Netherlands |
Oil and gas |
191,002 |
| 3 |
Microsoft |
United States |
Software industry |
159,660 |
| 4 |
Exxon Mobil |
United States |
Oil and gas |
157,970 |
| 5 |
The Coca-Cola Company |
United States |
Beverage |
151,288 |
| 6 |
Intel Corporation |
United States |
Computer hardware |
150,838 |
| 7 |
Nippon Telegraph and Telephone |
Japan |
Telecommunications |
146,139 |
| 8 |
Merck |
United States |
Health care |
120,757 |
| 9 |
Toyota Motor Corporation |
Japan |
Automotive |
116,585 |
| 10 |
Novartis |
Switzerland |
Health care |
104,468 |
1997
This Financial Times based list is up to date as of 30 September 1996.
[39]
Record market capitalizations
On 5 November 2007
A shares of
Petrochina in first day of trading after its
IPO on
Shanghai Stock Exchange
skyrocketed from the IPO price of 16.7 RMB to 43.96 RMB by the close
(opening price was even 48.6 RMB). That gives a market capitalization of
about $1 trillion.
[40] Only 4 billion of A shares were floated during the IPO, another 158 billion of A shares were still held by
China National Petroleum Corporation. 21 billion of
H Shares were already floated on
Hong Kong Stock Exchange.
[41] However market capitalization based on H-shares never reached $500 billion.
[42]
On August 22, 2012
Apple Inc. closed at a record high share price of $668.87.
[43] With 936,596,000 outstanding shares (as of June 30, 2012),
[44] it had a market capitalization of $627.00 billion. The prior record has been held by
Microsoft since December 30, 1999 when it reached an intraday high share price of $119.94.
[45] With 5,160,024,593 outstanding shares (as of November 30, 1999),
[46]
it had a market capitalization of $618.9 billion. Adjusting for
inflation to 2012, Microsoft's market capitalization would be even $846
billion.
[42]
State-owned companies
This
Financial Times Non-Public 150 based list is up to date as of December, 2006. It estimates
Saudi Aramco at 0.781 trillion US$. More recent estimates of 2010 put its value in the range 2.2 trillion USD
[47] to 7 trillion USD.
[48]
| Rank |
2006 [49] |
| 1 |
 |
Saudi Aramco
781,000 |
| 2 |
 |
Pemex
415,000 |
| 3 |
 |
Petróleos de Venezuela
388,000 |
| 4 |
 |
Kuwait Petroleum Corporation
378,000 |
| 5 |
 |
Petronas
232,000 |
| 6 |
 |
Sonatrach
224,000 |
| 7 |
 |
National Iranian Oil Company
220,000 |
| 8 |
 |
Japan Post (priv. 2007)
156,000 |
| 9 |
 |
Pertamina
140,000 |
| 10 |
 |
Nigerian National Petroleum Corporation
120,000 |
See also
References
- ^ FT Non-Public 150 - the full list
- ^ "Big Oil, bigger oil". Financial Times. February 4, 2010.
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times Global 500 December 2012
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times
- ^ Financial Times, January 22 1998
- ^ Financial Times, January 1997
- ^ Guardian: PetroChina makes its debut as world's first trillion-dollar firm
- ^ Xinhua: PetroChina opens at 48.6 yuan per share in Shanghai debut, up 191%
- ^ a b AP: Apple market value hits $600B
- ^ http://www.google.com/finance?q=AAPL
- ^ http://files.shareholder.com/downloads/AAPL/1987632841x0x585701/beacb369-cb95-4950-acf4-4fbfa3569ec6/Q3_2012_Form_10-Q_As-Filed_.pdf
- ^ http://www.microsoft.com/investor/reports/ar00/notes-quarterly_information.htm
- ^ http://secfilings.nasdaq.com/filingFrameset.asp?FileName=0001032210%2D01%2D000273%2Etxt&FilePath=%5C2001%5C02%5C14%5C&CoName=MICROSOFT+CORP&FormType=10%2DQ&RcvdDate=2%2F14%2F2001&pdf=
- ^ Sheridan Titman, McCombs School of Business, March 1, 2010. More Thoughts on the Value of Saudi Aramco http://blogs.mccombs.utexas.edu/titman/2010/03/01/more-thoughts-on-the-value-of-saudi-aramco/
- ^ Financial Times, February 4, 2010. Big Oil, bigger oil: http://www.ft.com/cms/s/c5b32636-116f-11df-9195-00144feab49a,_i_email=y,Authorised=false.html?_i_location=http%3A%2F%2Fwww.ft.com%2Fcms%2Fs%2F3%2Fc5b32636-116f-11df-9195-00144feab49a%2C_i_email%3Dy.html&_i_referer=http%3A%2F%2Ftexasenterprise.org%2Farticle%2Fwhats-value-saudi-aramco
- ^ FT Non-Public 150 - the full list
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