As of December 23, 2024, GAZPROM is the most valuable company in Russia, with a market cap of $45.19 billion. Following it are ROSNEFT OIL ($32.2 billion) and SBERBANK OF RUSSIA ($28.89 billion).
Which one is the most valuable in Russia by market cap?
This list comprises the biggest companies currently in Russia by market cap in 2024:
Russia's Largest Companies by market capitalization, 2024
| RANK | COMPANY | MARKET CAPTIAL (USD DOLLAR) |
|---|---|---|
| 1 | GAZPROM | $45.19 billion |
| 2 | ROSNEFT OIL | $32.2 billion |
| 3 | SBERBANK OF RUSSIA | $28.89 billion |
| 4 | PAO NOVATEK | $28.69 billion |
| 5 | LUKOIL | $26.14 billion |
| 6 | NORNICKEL ADR | $24.67 billion |
| 7 | GAZPROM | $17.77 billion |
| 8 | PHOSAGRO | $9.91 billion |
| 9 | SURGUTNEFTEGAS | $8.96 billion |
| 10 | TATNEFT | $8.84 billion |
| 11 | TRANSNEFT | $8.65 billion |
| 12 | POLYUS | $7.66 billion |
| 13 | SEVERSTAL | $6.64 billion |
| 14 | ACRON | $6.44 billion |
| 15 | VSMPO-AVISMA CORPORATION | $6.35 billion |
| 16 | IRKUT CORPORATION | $6.06 billion |
| 17 | UNITED AIRCRAFT CORPORATION | $6.04 billion |
| 18 | TCS GROUP HOLDING PLC | $4.97 billion |
| 19 | VTB BANK | $4.88 billion |
| 20 | PIK-SPECIALIZED HOMEBUILDER | $4.82 billion |
| 21 | ALROSA | $4.65 billion |
| 22 | MOBILE TELESYSTEMS | $4.47 billion |
| 23 | MEGAFON | $4.38 billion |
| 24 | FEDERAL HYDRO-GENERATING COMPANY - RUSHYDRO | $3.42 billion |
| 25 | MAGNITOGORSK IRON & STEEL WORKS | $3.4 billion |
| 26 | MAGNIT | $2.91 billion |
| 27 | SOVCOMBANK | $2.5 billion |
| 28 | INTER RAO UES | $2.31 billion |
| 29 | ROSTELECOM | $2.15 billion |
| 30 | RASPADSKAYA | $1.91 billion |
Market capitalization, commonly known as market cap, refers to the total market value of a company’s outstanding shares. It is calculated by multiplying the current stock price by the total number of shares outstanding. For example, if a company has 2.34 billion shares outstanding and its stock price is $66.66 per share, its market cap would be $156 billion (2,340,000,000 x $66.66). Investors often use the market cap as a quick estimate of a company’s overall value and as a factor in determining whether to buy a stock. Stocks are often categorized by market cap: mega-cap ($100 billion-plus), large-cap ($10 billion-$100 billion), mid-cap ($2 billion-$10 billion), small-cap ($300 million-$2 billion), and micro-cap (less than $300 million).
Have you read?
Revealed: Safest Cities in the World, 2024.
Ranked: These are the countries with the highest (and lowest) Home Ownership Rates, 2024.
Revealed: Largest Universities In The World By Number of Students Enrollment, 2024.
Report: Cities and Countries That Require Visitors to Pay Tourist Taxes, 2024.
Most-followed NFL players by team on Instagram, 2024.
Add CEOWORLD magazine as your preferred news source on Google News
Follow CEOWORLD magazine on: Google News, LinkedIn, Twitter, and Facebook.License and Republishing: The views in this article are the author’s own and do not represent CEOWORLD magazine. No part of this material may be copied, shared, or published without the magazine’s prior written permission. For media queries, please contact: info@ceoworld.biz. © CEOWORLD magazine LTD
