The Volokh Conspiracy - GM's Market Capitalization:

Maybe GM's woes shouldn't surprise anyone, but I find it remarkable that not only is GM's stock trading at a 34-year low, but also that its market capitalization is $5.65 billion. That is less than 4% of Toyota's market capitalization of of $144 billion.

This is particularly striking given GM's enormous size and still-significant market share in a major industry. Another way of looking at it: Google's market capitalization per employee, admittedly higher than most companies', is $8,641,679. GM's is $21,241 per employee.

Of course, GM is saddled with enormous legacy costs, a shift away from its most profitable products, etc. But still, it is remarkable that the entirety of its market value equals about half a year's wages for each of its employees.

	[Stuart Benjamin, July 2, 2008 at 4:26pm] Trackbacks GM's Market Capitalization: Maybe GM's woes shouldn't surprise anyone, but I find it remarkable that not only is GM's stock trading at a 34-year low, but also that its market capitalization is $5.65 billion. That is less than 4% of Toyota's market capitalization of of $144 billion. This is particularly striking given GM's enormous size and still-significant market share in a major industry. Another way of looking at it: Google's market capitalization per employee, admittedly higher than most companies', is $8,641,679. GM's is $21,241 per employee. Of course, GM is saddled with enormous legacy costs, a shift away from its most profitable products, etc. But still, it is remarkable that the entirety of its market value equals about half a year's wages for each of its employees.