According to PwC’s ranking of one hundred largest companies in the world, their market value has reached $ 21 trillion. This is a record figure. The growth rate has totaled 5%. By the way, last year, the total cost of the most expensive companies in the world increased 15%.
Total capitalization has grown mainly due to American companies. European and Chinese firms, unfortunately, have lost in value over the past year.
Representatives of the IT sphere still hold their positions in the top 10: Microsoft, Amazon, Alphabet, Facebook, Alibaba and others are among them.
More than half of the companies in the ranking come from America. 54 firms have grown 9%, which is above the average for the entire rating. The share of US companies in total capitalization is more than 60%.
Despite the deterioration of the market situation, the Chinese companies still rank second in the top. Last year, business was much better. Three companies were included in the rating; two were in the top 10.
This year, at once three companies from Europe have left the ranking of one hundred largest companies. The total value of European companies has decreased by 5%. Geopolitical problems have had a negative impact on the success of companies from this region. Mainly, it is about the situation around Brexit.
The prospects for the development of the companies outside the three key regions are quite positive. Their capitalization has increased 22%. This year, the companies from India and Saudi Arabia have dropped in the ranking.
Tech firms take up the largest share among the Global Top 100 firms. The financial sector is the second, healthcare ranked third. Meanwhile, the growth in the cost of companies dealing with health, services and communications has amounted to 15%. The same cannot be said of the value of tech companies as it has increased only 5%. Financial companies have shown the worst results over a very long period, having lost about 3% of their capitalization.
Also, there has been a positive development in the list of 100 largest startups (worth over a billion US dollars). The total capitalization has increased 6% amounting to $ 815 billion. About half of projects of this type have an American “residence permit”.
The material was prepared with the participation of Katya Wilson,
a leading analyst of the brokerage company UFT Group