The Initiates Plc (NGX:TIP)
Nigeria · Delayed Price · Currency is NGN 26.90
+1.75 (6.96%)
At close: Nov 6, 2026
The Initiates Market Cap
The Initiates has a market cap or net worth of 53.8 billion as of November 6, 2026. It is the 31,488th most valuable company in the world and the 66th biggest in Nigeria. Its market cap has increased by 383.61% in one year.
Market Cap
53.80B
Enterprise Value
46.66B
Revenue
17.04B
Global Rank
Country Rank
#66 Nigeria
PE Ratio
9.69
ChartMarket Cap Chart
Since November 1, 2016, The Initiates's market cap has increased from 792.08M to 53.80B, an increase of 6,692.21%. That is a compound annual growth rate of 52.35%.
| Date | Market Cap | % Change |
|---|---|---|
| Nov 6, 2026 | 53.80B | 354.52% |
| 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 |
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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