AK Steel Holding, through its subsidiary, AK Steel Corporation produces flat-rolled carbon, stainless and electrical steel products, primarily for the automotive, infrastructure and manufacturing, and distributors and converters markets. Co.'s other subsidiaries also provide customer solutions with carbon and stainless-steel tubing products, solutions, tool design and build, hot- and cold-stamped steel components, and complex assemblies. Among its solutions for automotive customers are its press-hardenable steel products for hot-stamping applications. Co.'s ULTRALUME® PHS is an aluminized Type 1 heat-treatable boron steel. We show 41 historical shares outstanding datapoints in our AKS shares outstanding history coverage, used to compute AKS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AKS market cap history over the course of time is important for investors
interested in comparing AKS'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 AKS versus a peer is one thing; comparing
AKS 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 AKS can fluctuate over the course of history.
With this page we aim to empower investors researching AKS by allowing them to research the AKS market cap history. |
Video: The Importance of Market Cap
