Reference

What Is Float-Adjusted Market Cap?

Market capitalization multiplied by free float percentage — the portion of a company's value actually available for public trading. This, not raw market cap, is what every ranking and cap-weighted figure on PSEye sorts and sizes by (the same convention the PSEi itself, MSCI, and FTSE use): a company can report a huge raw market cap while trading only a sliver of its shares here, which raw cap alone would badly overstate.

See every term in the full PSE investing glossary.