Tantalus Systems Holding Inc (TO:GRID) — Market Cap & Net Worth
Market Cap & Net Worth: Tantalus Systems Holding Inc (GRID)
Tantalus Systems Holding Inc (TO:GRID) has a market capitalization of $252.59 Million (CA$349.18 Million) as of May 4, 2026. Listed on the TO stock exchange, this Canada-based company holds position #15652 globally and #471 in its home market, demonstrating a 4.44% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Tantalus Systems Holding Inc's stock price CA$6.35 by its total outstanding shares 56007705 (56.01 Million). Analyse cash flow conversion of Tantalus Systems Holding Inc to see how efficiently the company converts income to cash.
Tantalus Systems Holding Inc Market Cap History: 2021 to 2026
Tantalus Systems Holding Inc's market capitalization history from 2021 to 2026. Data shows growth from $74.95 Million to $257.27 Million (12.39% CAGR).
Tantalus Systems Holding Inc Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Tantalus Systems Holding Inc's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
1.73x
Tantalus Systems Holding Inc's market cap is 1.73 times its annual revenue
Latest Price to Earnings (P/E) Ratio
N/A
P/E ratio not applicable due to negative or zero earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2021 | $74.95 Million | $32.17 Million | -$7.02 Million | 2.33x | N/A |
| 2022 | $40.92 Million | $39.60 Million | -$5.20 Million | 1.03x | N/A |
| 2023 | $33.22 Million | $42.15 Million | -$1.69 Million | 0.79x | N/A |
| 2024 | $76.57 Million | $44.31 Million | -$2.63 Million | 1.73x | N/A |
Competitor Companies of GRID by Market Capitalization
Companies near Tantalus Systems Holding Inc in the global market cap rankings as of May 4, 2026.
Key companies related to Tantalus Systems Holding Inc by market ranking:
- Contemporary Amperex Technology Co Ltd Class A (SHE:300750): Ranked #59 globally with a market cap of $281.23 Billion USD ( CN¥1.92 Trillion CNY).
- ABB Ltd (SW:ABBN): Ranked #181 globally with a market cap of $127.26 Billion USD ( CHF100.66 Billion CHF).
- Delta Electronics (Thailand) Public Company Limited (BK:DELTA): Ranked #190 globally with a market cap of $122.86 Billion USD ( ฿3.94 Trillion THB).
- Vertiv Holdings Co (NYSE:VRT): Ranked #286 globally with a market cap of $89.72 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #59 | Contemporary Amperex Technology Co Ltd Class A | SHE:300750 | $281.23 Billion | CN¥436.00 |
| #181 | ABB Ltd | SW:ABBN | $127.26 Billion | CHF78.44 |
| #190 | Delta Electronics (Thailand) Public Company Limited | BK:DELTA | $122.86 Billion | ฿316.00 |
| #286 | Vertiv Holdings Co | NYSE:VRT | $89.72 Billion | $328.31 |
Tantalus Systems Holding Inc Historical Marketcap From 2021 to 2026
Between 2021 and today, Tantalus Systems Holding Inc's market cap moved from $74.95 Million to $ 257.27 Million, with a yearly change of 12.39%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | CA$257.27 Million | +35.68% |
| 2025 | CA$189.61 Million | +147.62% |
| 2024 | CA$76.57 Million | +130.49% |
| 2023 | CA$33.22 Million | -18.81% |
| 2022 | CA$40.92 Million | -45.41% |
| 2021 | CA$74.95 Million | -- |
End of Day Market Cap According to Different Sources
On May 4th, 2026 the market cap of Tantalus Systems Holding Inc was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $252.59 Million USD |
| MoneyControl | $252.59 Million USD |
| MarketWatch | $252.59 Million USD |
| marketcap.company | $252.59 Million USD |
| Reuters | $252.59 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Tantalus Systems Holding Inc
Tantalus Systems Holding Inc., a technology company, provides smart grid solutions in Canada and the United States. It operates in two segments, Connected Devices and Infrastructure, and Utility Software Applications and Services. The Connected Devices and Infrastructure segment sells computing modules used into multiple devices, including meters, sensors, and street lighting fixtures, as well as… Read more