Facebook Prices IPO At $38 A Share With a $104 Billion Market Cap

2012 May 17
by Michael Berkens

Facebook priced its IPO at $38 a share, raising $16 billion which will be the third largest IPO in U.S. history and the largest ever IPO by a U.S. technology company.

It will start trading tomorrow under the symbol:  FB

At $38 a share Facebook is valued at $104 Billion dollars.

At $38 Facebook will trade at more than 100x of earnings or PE

For comparison sake here are the some market caps & PE of some other high tech companies based on today’s closing price:

Apple $495 Billion  PE 13

Microsoft $250 Billion  PE 11

Google $203 Billion PE 19

Yahoo $18 Billion   PE 17

Linked In $10 Billion  PE 718

from → Domain Parking Stock Index

54 Responses leave one →
  1. 2012 May 21
    ZHI permalink

    “Calling the IPO a failure is ignorant. This freakin company has a market cap of $100 billion…”

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    FB’s market cap is down to roughly $90 billion on the first trading day after the IPO. At this rate, in 9 more days, it could be a zero.

  2. 2012 May 21
    5EC permalink

    a mkt cap of 100b. with annual revenue of 1b.

    is this some sort of magic trick?

    cool!

  3. 2012 May 21
    5EC permalink

    actually it’s 1b net income. which is probably a quarter of their total revenue. clearly this changes everything. strong buy!

    not.

  4. 2012 May 21
    Quotes Tree permalink

    Dude the fb ticker is now showing $33 price tag.

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