Have you ever wondered, which company has the highest stock price in the world? Well, to be honest, that’s not very difficult to find, but one has to go through a lot to explore almost every other company around the world having a substantial stock value.
To help you with that, we have compiled a list of 16 most expensive stocks in the world. We have also mentioned their total market capitalization.
16. Rasoi Ltd
Image Courtesy: tradingview.com
Stock Price: 452.32 USD
Market Cap: 2.91 B
Exchange: BOM (India)
Rasoi Ltd has the second most expensive stock trading in Indian stock market. The company is solely owned by a holding company with an identical name Rasoi Group, which also owns two other subsidiaries. After years of steady growth, company’s share prices started to surge in 2014 from 10,000 rupees to 47,000 rupees (approx.) in early 2017.
In 2018, however, Rasoi Ltd recorded a record slump in its share prices from 45,000 INR in January down to 24,000 INR in November.
15. Mettler Toledo
A Teldo Scale
Stock Price: 527.15 USD
Market Cap: 14.30 B
Mettler Toledo specializes in manufacturing different types of analytical and scientific instruments. It’s one of the largest suppliers of weighing instruments used in industrial complex, labs and retail stores. Most of its sales come from European and American markets.
The company’s stocks skyrocketed in 2017 from around 415 price/share at the beginning of the year to about 642 price/share in December 2017, after they announced a profit of around $384 million in the fiscal year of 2016.
14. Graham Holding Company
Image Courtesy: tradingview.com
Share Price: 671.45 USD
Market Cap: 3.49 B
The Graham Holdings Company is a U.S based holding conglomerate which owns or have majority stakes in various newspapers, cable television, and websites. Back in 2013, the company sold one of its trademark news journal, The Washington Post, to Nash Holdings (controlled by Jeff Bezos) for $250 million.
Its other prized assets include Kaplan Inc and The Slate Group, which runs the popular Slate Magazine. Graham Holdings, through its media arm, controls a total of six television stations running in six different states. The company achieved its highest ever stock price in July 2015, when it was trading at $703/share.
13. Cable One
Image Courtesy: Cableone.com
Stock Price: 834.48 USD
Market Cap: 4.82 B
Cable One is one of the leading cable service provider and ISP in the United States. Until 2015, the company was a subsidiary of the famous Graham Holdings company. After its departure from Graham Holdings, company’s share registered a steady jump from around $400 in February 2016 to $758 price/share in October 2017. It’s an S&P 400 component.
Image Courtesy: tradingview.com
Stock Price: 835.63 USD
Market Cap: 20.78 B
AutoZone is the largest retailer of auto parts in the United States ahead of Advance Auto Parts. Apart from its more than 6000 retail outlets in the United States, the company has divisions in Puerto Rico, Mexico, and Brazil.
After years of steady growth, AutoZone’s stock began rallying in January 2010, when the company was trading at a price of $155 and reached its maximum in July 2016 with a price/share of $815.
11. White Mountains Insurance Group
Image Courtesy: tradingview.com
Stock Price: 854.43 USD
Market Cap: 2.79 B
Headquartered in Hamilton, Bermuda, White Mountains Insurance Group deals mostly in property and insurance business. According to their official website, the insurance company has total assets of approximately $6.5 billion and an adjusted shareholders equity of around $3.6 billion
Stock Price: 944.54 USD
Market Cap: 279.46 Billion
Exchange: NSE (India)
MRF, short for Madras Rubber Factory Limited, is the largest multinational tire manufacturer in India, which also produce conveyor belts, paints, tubes, and toys. The company was initially started as a toy balloon manufacturer in 1946 at Tiruvottiyur, Chennai, before entering into the tread rubber manufacturing in 1952. The company didn’t enter into Nylon tires manufacturing business until 1973.
9. Alphabet Incorporation
Googleplex, Mountain View, California, USA
Stock Price: 1,070.71 USD (CLASS C)
Market Cap: 744.68 B
When Google went public in 2004, it made three of its topmost executives a billionaire, and several high-rank employees an instant millionaire. During its IPO, the Google offered their one share at a price of $50, which crossed $500 mark for the first time in 2013.
In 2015, the company completed their restructuring, in which Google and its other business became a direct subsidiary of the Alphabet Inc while retaining their old stock symbol and ticker.
8. Markel Corporation
Markel Building Image Courtesy: Christopher Rand
Stock Price: 1,029.31 USD
Market Cap: 14.3 B
Markel Corporation is a U.S based holding company engaged in insurance, reinsurance and investment operations around the world. It went public in 1986 opening at $8.33 per share, valuing the company at $15 million. Over the years, through its investment arm, Merkel Co. has acquired multiple businesses in different sectors. The company entered the Fortune 500 for the first time in 2016.
7. Amazon Inc.
Whole Foods Market, one of Amazon’s many subsidiaries
Stock Price: 1,575.39 USD
Market Cap: 810.02 B
Amazon is currently the most valuable public company in the world, the largest internet company by total revenue and largest retailer in the United States by total market capitalization. Along with Google, Apple, and Facebook, Amazon is often called the four horsemen of the tech industry.
Apart from e-commerce, the company has a strong presence in cloud computing, artificial intelligence, robotics, and the media industry. On October 2017, Amazon’s majority owner and founder Jeff Bezos surpassed Bill gates in the list of the richest person after the company’s stock increased by 2.5%. During that time, his estimated personal wealth was more than $100 billion.
6. The Booking Holdings
Image Courtesy: Bookingholdings.com
Stock Price: 1,717.55 USD
Market Cap: 78.15 B
Booking Holdings was initially launched in 1997 as a single website, Priceline.com, which allow users to buy travel purchases at discount rates. Two years later, in 1999, the company went public and made its founder a big-time billionaire.
Then in 2013, the company bought Kayak.com, a travel metasearch engine before changing their name to The Priceline Group a year before. In 2016-17, they acquired Momondo Group, Cheapflights, and Rentalcars.com to expand their business. The company’s name was finally changed to Bookings Holdings in 2018.
5. NVR Inc
Stock Price: 2,412.83 USD
Market Cap: 9.2 B
NVR Inc is a construction and mortgage company that operates under Rymarc Homes, Ryan Homes, NVHomes, and Heartland Homes brands. In 2017, it outperformed major stock indices as its stock prices almost doubled from $1,700 in Jan 2017 to $3,508 on December 29. It is an S&P 400 component. NVR’s main focus is in the Eastern markets, mostly for single-family homes, townhomes, and condominiums.
4. Seaboard Corporation
Seaboard Corporation owned refrigerated container and a marine vessel
Stock Price: 3,631.98 USD
Market Cap: 4.31 B
The U.S based Seaboard Corporation is a multinational conglomerate which specializes in agribusiness and transportation operations. The company has an active interest in pork production (in the U.S), commodity trading, cargo shipping (mostly in the mid -Atlantic ocean) and in the power sector.
From 2009 to 2013, the company’s total sales almost doubled from $3.6 billion to $6.6 billion. The stock reached its all-time high in March 2015, when it touched $4,600 mark for the first time in its history. The company took a relatively small dip in 2016 but effectively recovered.
3. Next Plc
A Next store in Oxford Street
Stock Price: 6,132 USD
Market Cap: 6.71 Billion
Exchange: LSE (London Stock Exchange)
The Next Plc is a multinational apparel and footwear company headquartered in Leicestershire, Britain. It has over 500 operational stores in the UK and over 200 stores in continental Europe, Asia, and the Middle East. It’s an FTSE 100 component.
For the first time in 2012, then again in 2014, the Next Plc overtook Marks & Spenser to become UK’s biggest clothing retailer by sales. In 8 years, from July 2008 to October 2015 company’s stocks saw an astronomical 840% jump, when it was trading at 8000 GBP.
2. Lindt & Spruengli AG
An Issued stock of the Chocoladefabrik Lindt & Sprüngli AG in 1930
Stock Price: 73,360.00 USD
Market Cap: 16.46 Billion
Lindt & Spruengli is a Swiss multinational chocolatier and confectionery company, which now owns five of the biggest chocolate producing establishments in the world including Russell Stover Candies, maker of the popular Whitman’s Chocolate, which was acquired for about $1.5 billion in 2014.
In the fiscal year 2017, the company reported total revenue of $4.17 billion and an operating profit of about $606 million, a 14.6% increase from last year. Alongside Mars.Inc, Nestle and Hershey Co., Lindt & Spruengli is one of the 10 biggest chocolate producers in the world.
1. Berkshire Hathaway
Berkshire Hathaway’s Majority stockholder Warren Buffet with Barack Obama
Stock Price: 292,500.00 USD (Class A)
Market Cap: $482.31 Billion
During one of his company’s annual shareholder meetings, Warren Buffet announced that buying out Berkshire Hathaway, a textile company that was on the verge of bankruptcy in 1964, was perhaps one of the biggest mistakes he ever made during his entire investing career.
He further claimed that had he not bought more shares of the company and directly invested the capital to the insurance business, the money would have paid big time by now.
But here it is, Berkshire Hathaway now owns more than 60 different companies in various sectors, while owning majority stakes in as much as 20 other companies. It is currently the sixth largest publicly traded company (by market capitalization) in the world.