Accenture is a services company. Co.'s operating groups are: Communications, Media and Technology, which serves communications, media, high tech, software and platform companies; Financial Services, which serves the banking, capital markets and insurance industries; Health and Public Service, which serves healthcare payers and providers, government departments and agencies, public service organizations, educational institutions and non-profit organizations; Products, which serves a set of interconnected consumer-relevant industries such as consumer goods and retail; and Resources, which serves the chemicals, energy, forest products, metals and mining, utilities and related industries. We show 38 historical shares outstanding datapoints in our ACN shares outstanding history coverage, used to compute ACN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ACN market cap history over the course of time is important for investors
interested in comparing ACN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of ACN versus a peer is one thing; comparing
ACN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like ACN can fluctuate over the course of history.
With this page we aim to empower investors researching ACN by allowing them to research the ACN market cap history. |
Video: The Importance of Market Cap
