The Initiates Plc (NGX:TIP)
Nigeria · Delayed Price · Currency is NGN 25.90
0.00 (0.00%)
At close: Oct 16, 2026
The Initiates Market Cap
The Initiates has a market cap or net worth of 51.8 billion as of October 16, 2026. It is the 32,158th most valuable company in the world and the 69th biggest in Nigeria. Its market cap has increased by 337.29% in one year.
Market Cap
51.80B
Enterprise Value
46.12B
Revenue
15.26B
Global Rank
Country Rank
#69 Nigeria
PE Ratio
8.88
ChartMarket Cap Chart
Since November 1, 2016, The Initiates's market cap has increased from 792.08M to 51.80B, an increase of 6,439.71%. That is a compound annual growth rate of 52.14%.
| Date | Market Cap | % Change |
|---|---|---|
| Oct 16, 2026 | 51.80B | 337.62% |
| Dec 31, 2025 | 11.84B | 432.00% |
| Dec 31, 2024 | 2.22B | 117.39% |
| Dec 29, 2023 | 1.02B | 139.58% |
| Dec 30, 2022 | 427.19M | 29.73% |
| Dec 30, 2021 | 329.29M | -28.85% |
| Dec 31, 2020 | Upgrade Pro | Upgrade Pro |
| Dec 31, 2019 | Upgrade Pro | Upgrade Pro |
| Dec 31, 2018 | Upgrade Pro | Upgrade Pro |
| Dec 29, 2017 | Upgrade Pro | Upgrade Pro |
| Dec 30, 2016 | Upgrade Pro | Upgrade Pro |
| Nov 1, 2016 | Upgrade Pro | Upgrade Pro |
Market Capitalization
Market capitalization, also called net worth, is the total value of all of a company's outstanding shares. It is calculated by multiplying the stock price by the number of shares outstanding.
Formula: Market Cap = Stock Price * Shares Outstanding
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