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Let's just deal with facts.
Jun 20 09:53 am
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All Comments by Ciba Gator »Why is Accenture's Market Cap Less Than Infosys'? [View article]
1) The number of shares outstanding are 867 million. This has NOTHING to do with Class X. Please refer to my post above regarding SCA Class I and Accenture Canada shares. These shares have voting rights and share equally in the economics of the company (including participating in dividends).
2) There is no "opinion" required in calculating "Market cap". This is a well defined investing term that is simply the stock price times the total number of diluted shares outstanding. The number of shares publicly traded is referred to as the "float" and it has absolutely no bearing on the quantitative value of a company.