Trivia: Reuters ProVestor Plus and Industry Market Cap Rankings
Hello Maurice,
For years I've referred frequently -- particularly pre- and -post earnings -- to Reuters ProVestor Plus Company Reports (formerly Multex ProVestor Plus Company Reports) which is updated daily, when comparing or screening companies in a given sector or industry.
One of the exhibits in each individual company's report is the Industry Overview which lists companies by market cap in descending order within a particular industry and provides comparative TTM Revenue, Net Sales, Margin, P/E, Price at prior close and 52 week Hi-Lo price. As long as I can remember Cisco Systems was listed in the 'Communications Equipment Industry of the Technology Sector' with Nokia, Motorola, Ericsson, QUALCOMM, etc.
Cisco is now listed in the 'Computer Peripherals Industry of the Technology Sector' with Hewlett-Packard, Canon, Lexmark, ATI, etc. As it relates to Nokia, Cisco's removal from the Comms Equipment listing places Nokia as Number 1 in their industry by market cap -- a promotion from their perennial number 2 ranking although QUALCOMM has, on occasion parked in that slot despite their disproportionate P/S, and they may again park their.
Cisco, of course is Number 1 in the new industry category that Reuters has assigned them to with a cap of $149,428.80m through Friday, and in that industry HP ($107,860.20m) also has a higher market cap than Nokia's $77,752.12m.
In the 'Comms Equipment' Industry, Ericsson now has a market cap of $65,364.05m and has moved into the 2 slot ahead of QUALCOMM's $62,639.81m (which leads Moto's $57,845.38m cap by a narrower margin than seen in recent history). Strong FY'Q4 QCOM earnings could change that.
Nokia's had their turn at bat so ... Go Cisco! Go QUALCOMM!
Just trivia.
Best,
- Eric - |
