What are the largest companies in the world?
Here, most people think of the well-known tech giants, such as Apple $AAPL (+0,26 %) or Microsoft $MSFT. (-1,57 %)
However, companies can be valued not only by their market capitalization, but also by other factors.
Forbes, for example, ranks companies (equally weighted) according to the following criteria:
- Market capitalization
- Total value of all assets
- Profit
- Revenue
Suddenly you get a completely different picture than via the ranking according to pure market capitalization and you don't find a single(!) tech company among the top 5:
- Industrial & Commercial Bank China
- JP Morgan Chase
- Berkshire Hathaway
- China Construction Bank
- Saudi Aramco
Here you can see again what power and weight e.g. a JP Morgan has in the global economy.
Do you primarily only look at market capitalization or do such rankings also play a role for you?
And does this make you look differently at companies/shares of e.g. JP Morgan or Berkshire Hathaway?
Source: https://www.forbes.at/artikel/2021-global-2000.html
$IDCBY
$JPM (-0,57 %)
$BRK.B (-0,13 %)
$2222
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