Market Capitalization of top 20 most traded GLBSE assets

[GeoRW]

Hi all,

I was just curious what are the biggest assets according to market capitalization and made a table. Included are only top 20 GLBSE assets according to Total Volume traded, for each is calculated market capitalization based on total number of shares issued and 5 days average price. All is as of: GLBSETime 14:45, Wed May 30

No	Asset	Total Shares	5 day average price	Market Capitalisation	%
1	YABMC	150000	0.299	44850	24.15%
2	GIGAMINING	20000	1.447	28940	15.58%
3	BITBOND	44000	0.622	27368	14.74%
4	TYGRR.BOND-P	17000	1.041	17697	9.53%
5	BTC-MINING	10000	0.997	9970	5.37%
6	ZIP.A	9930	0.803	7973.79	4.29%
7	PPT.E	6000	1.179	7074	3.81%
8	MU	10000	0.672	6720	3.62%
9	TYGRR.BOT	7500	0.762	5715	3.08%
10	PUREMINING	10000	0.422	4220	2.27%
11	TYGRR.BOND-B	40000	0.1	4000	2.15%
12	COGNITIVE	6400	0.594	3801.6	2.05%
13	PPT.C	3000	1.232	3696	1.99%
14	PPT.D	3000	1.202	3606	1.94%
15	PPT.A	3000	1.062	3186	1.72%
16	FZB.A	30000	0.092	2760	1.49%
17	TEEK.B	2000	1.035	2070	1.11%
18	SS	915	2.248	2056.92	1.11%
19	PPT	36	0	0	0.00%
20	PPT.B	3000	0	0	0.00%

I know it's not perfect, some of the assents haven't sold all shares from IPO yet, so the numbers might be misleading a bit. But still interesting. I was curious how much of the market share the Pirate related assets have taken in particular   BTW, total market capitalization of these top 20 assets is 185704.31 BTC.
I will try to update this thread in future to see where the market will be heading. If anyone wants to elaborate on the data, go ahead  

EDIT:
Here is the calculation based on number of shares from the dividend payments section.

No	Asset	Total Shares	5 day average price	Market Capitalisation	%
1	GIGAMINING	20000	1.447	28940	27.07%
2	BITBOND	41101	0.622	25564.822	23.91%
3	YABMC	40854	0.299	12215.346	11.43%
4	ZIP.A	9930	0.803	7973.79	7.46%
5	TYGRR.BOND-P	6808	1.041	7087.128	6.63%
6	TYGRR.BOT	7326	0.762	5582.412	5.22%
7	PUREMINING	10000	0.422	4220	3.95%
8	TYGRR.BOND-B	38900	0.1	3890	3.64%
9	COGNITIVE	6400	0.594	3801.6	3.56%
10	MU	5000	0.672	3360	3.14%
11	TEEK.B	1936	1.035	2003.76	1.87%
12	SS	610	2.248	1371.28	1.28%
13	BTC-MINING	910	0.997	907.27	0.85%
14	PPT.E	0	1.179	0	0.00%
15	PPT.C	0	1.232	0	0.00%
16	PPT.D	0	1.202	0	0.00%
17	PPT.A	0	1.062	0	0.00%
18	FZB.A	0	0.092	0	0.00%
19	PPT	36	0	0	0.00%
20	PPT.B	0	0	0	0.00%

[publio]

GLBSE's Shares Issued is more like Shares Issuable.  If dividends have been paid, maybe you can use the Shares Paid as the share count instead?

[Sukrim]

Where's DMC in that list?

[GeoRW]

GLBSE's Shares Issued is more like Shares Issuable.  If dividends have been paid, maybe you can use the Shares Paid as the share count instead?

Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares.

[GeoRW]

Where's DMC in that list?

I took top 20 assets according to Total Volume in BTC. This way I hope I can avoid much fluctuation in average trade price and only the most established assets get in, it reflects the market interest as well. You need to lure more investors to get into top 20 most traded 

[brendio]

For bonds, you really need to check the shares paid in the dividend section. As an example in addition to TyGrr.Bond.P noted above by Goat, YAMBC paid 40854 bonds in the last payment, which is a fair way below the 150000 issued.

For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company.

There are also larger assets than in the list, but which have lower trading volumes because most raising was done pre-launch. For example, BIB.PIRATE is still mostly held by original private depositors and not actively traded, so it doesn't make the top 20 by volume, but it's market cap (at face value of bond) is 13007 BTC.

It would be useful for GLBSE to include this info so threads like this are not necessary.

[exahash]

GLBSE's Shares Issued is more like Shares Issuable.  If dividends have been paid, maybe you can use the Shares Paid as the share count instead?

Regular stock exchanges (NYSE, NASDAQ, etc) call that number "Shares Authorized" and it's larger than or equal to "Shares Issued and Outstanding"

The "Issued and Outstanding" shares get the dividend, that's why people are saying to use that number. 

GLBSE should really show both and label them with the standard nomenclature.

[exahash]

For shares, where the owner holds a significant portion of the company, you would still include issued shares held by the operator, since this information is required to value the company.

No.  Shares held by the company are called Treasury Stock.  Treasury stock is not used in computing the market cap of a company, only the shares issued and outstanding are used there.  Since we don't have options and warrants on GLBSE, you could include treasury stock to compute the various metrics on a diluted basis.

[JWU42]

Yes - shares issued doesn't equal shares sold....

You can look at recent dividend payments to determine what is in circulation...

[smickles]

Did I miss something or is that "market cap" column mislabeled? shouldn't it be "implied valuation"?

[DeathAndTaxes]

GLBSE's Shares Issued is more like Shares Issuable.  If dividends have been paid, maybe you can use the Shares Paid as the share count instead?

Not sure if that would be a good idea. Average trade price should reflect this fact, no matter who holds those shares.

You misunderstand.  Shares issued is inaccurate.  It is shares  authorized and authorized but uninsued shares have no value.

An example.

I form a company (real world).  State of VA asks me how many authorized shares.  I say 1 million.
Now my company is worth about $100K and privately held between a few investors.  No need to get fancy.  I issue 1000 shares at a par price of $100 ea.  $100K company, $100K in issued stock.

By your method my company would be worth $100M.  Had I arbitrarily told state of VA I have 1 billion authorized shares you would be valuing my company at $100B. 

Authorized shares have no value.  Issued shares do.  Issued shares are what are traded.

[GeoRW]

Ok. I added table where count of shares is taken from dividend payments section. But that's way off too
Until GLBSE will show the number of shares outstanding it is hard to guess the real market cap.

[JWU42]

Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K.

[jamesg]

Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K.

Awesome work OP.

[GeoRW]

Yep - that looks correct now (edit version) - you will be able to update it again this morning (if you choose) as YABMC is about to pay dividends and the share count has increased about 7K.

Before:

Updated table (as of GLBSETime 08:01, Fri Jun 01):

No	Asset	Total Shares	5 day average price	Market Capitalisation	%
1	GIGAMINING	20000	1.448	28960	26.67%
2	BITBOND	41101	0.618	25400.418	23.39%
3	YABMC	47278	0.299	14136.122	13.02%
4	ZIP.A	9930	0.826	8202.18	7.55%
5	TYGRR.BOND-P	6808	1.04	7080.32	6.52%
6	TYGRR.BOT	7326	0.762	5582.412	5.14%
7	PUREMINING	10000	0.411	4110	3.79%
8	TYGRR.BOND-B	38900	0.099	3851.1	3.55%
9	COGNITIVE	6400	0.588	3763.2	3.47%
10	MU	5000	0.611	3055	2.81%
11	TEEK.B	1936	1.033	1999.888	1.84%
12	SS	610	2.5	1525	1.40%
13	BTC-MINING	910	0.997	907.27	0.84%
14	PPT.E	0	1.189	0	0.00%
15	PPT.C	0	1.242	0	0.00%
16	PPT.D	0	1.198	0	0.00%
17	PPT.A	0	1.095	0	0.00%
18	FZB.A	0	0.093	0	0.00%
19	PPT	36	0	0	0.00%
20	PPT.B	0	0	0	0.00%

[GeoRW]

Market Capitalization of top 20 most traded assets on GLBSE, as of GLBSETime 12:44, Tue Jun 05:

No	Asset	Total Shares	5 day average price	Market Capitalisation	%
1	GIGAMINING	20000	1.467	29340	19.99%
2	BITBOND	44000	0.607	26708	18.20%
3	YABMC	54278	0.289	15686	10.69%
4	PPT.DIV	10000	1.128	11280	7.69%
5	TYGRR.BOND-P	10077	1.046	10541	7.18%
6	ZIP.A	9930	0.939	9324	6.35%
7	PPT.E	6000	1.192	7152	4.87%
8	TYGRR.BOT	7326	0.797	5839	3.98%
9	PUREMINING	10000	0.429	4290	2.92%
10	COGNITIVE	6400	0.609	3898	2.66%
11	PPT.A	3000	1.131	3393	2.31%
12	TYGRR.BOND-B	32963	0.1	3296	2.25%
13	PPT.B	3000	1.072	3216	2.19%
14	PPT.D	2500	1.232	3080	2.10%
15	FOO.PPPPT	2807	1.078	3026	2.06%
16	FZB.A	30000	0.09	2700	1.84%
17	TEEK.B	2000	1.046	2092	1.43%
18	BTC-MINING	1888	1	1888	1.29%
19	PPT	36	0	0	0.00%
20	PPT.C	2000	0	0	0.00%

Number of shares for all those PPT assets was taken from https://docs.google.com/spreadsheet/ccc?key=0An2G-HmYRtr3dEFBMV9uN3FveU0tMGREdjVaZUVRTGc
FZB.A sold all their 30000 shares in IPO and pre-IPO, so I assume those ares still on market. All others are based on number of shares for which dividend was last paid.

Since the last time, MU and SS assets left the table and were replaced by FOO.PPPPT and PPT.DIV. Total market cap of all of the top 20 GLBSE most trade assets is 146,749 BTC. Pirate-related assets represent 28.41% of these, mining-related assets represent 55.75%, the rest is 15.84 %.

[Scott J]

sub

A very useful thread - thank you.

[GeoRW]

It would be nice to lump all PPT.x (PPT.A through PPT.E) into a single item if possible, they are really all the bonds of a single system.

That would be too complicated to do. They are different assets after all, each one differently priced.

Fixed table for PPT.DIV:

No	Asset	Total Shares	5 day average price	Market Capitalization	%
1	GIGAMINING	20000	1.467	29340	20.15%
2	BITBOND	44000	0.607	26708	18.34%
3	YABMC	54278	0.289	15686	10.77%
4	TYGRR.BOND-P	10077	1.046	10541	7.24%
5	PPT.DIV	9000	1.128	10152	6.97%
6	ZIP.A	9930	0.939	9324	6.40%
7	PPT.E	6000	1.192	7152	4.91%
8	TYGRR.BOT	7326	0.797	5839	4.01%
9	PUREMINING	10000	0.429	4290	2.95%
10	COGNITIVE	6400	0.609	3898	2.68%
11	PPT.A	3000	1.131	3393	2.33%
12	TYGRR.BOND-B	32963	0.1	3296	2.26%
13	PPT.B	3000	1.072	3216	2.21%
14	PPT.D	2500	1.232	3080	2.12%
15	FOO.PPPPT	2807	1.078	3026	2.08%
16	FZB.A	30000	0.09	2700	1.85%
17	TEEK.B	2000	1.046	2092	1.44%
18	BTC-MINING	1888	1	1888	1.30%
19	PPT	36	0	0	0.00%
20	PPT.C	2000	0	0	0.00%

[Bitcoin Oz]

A table showing the top companies by dividend yield would be good.

[GeoRW]

Updated table as of GLBSETime 09:50, Tue Jun 12:

No	Asset	Total Shares	5 day average price	Market Capitalization	%
1	GIGAMINING	33500	1.391	46599	26.61%
2	BITBOND	44000	0.607	26708	15.25%
3	TYGRR.BOND-P	14733	1.046	15411	8.80%
4	YABMC	54278	0.269	14601	8.34%
5	ZIP.A	9930	1.101	10933	6.24%
6	PPT.DIV	9000	1.092	9828	5.61%
7	PPT.E	6000	1.233	7398	4.22%
8	TYGRR.BOT	7326	0.898	6579	3.76%
9	PUREMINING	15000	0.369	5535	3.16%
10	FOO.PPPPT	3897	1.08	4209	2.40%
11	COGNITIVE	6400	0.598	3827	2.19%
12	PPT.A	3000	1.18	3540	2.02%
13	PPT.B	3000	1.127	3381	1.93%
14	TYGRR.BOND-B	32800	0.099	3247	1.85%
15	PPT.C	3000	1.061	3183	1.82%
16	PPT.D	2500	1.27	3175	1.81%
17	MU	5000	0.598	2990	1.71%
18	TEEK.B	2000	1.032	2064	1.18%
19	BTC-MINING	1929	0.989	1908	1.09%
20	PPT	36	0	0	0.00%

MU is back in top 20 most traded, FZB.A is out. Total market capitalization of these top 20 most traded assets is 175116. Mining related assets represent 56.64% of these, pirate related 28.62% and the rest is 14.74%.