Allegion is a provider of security products and solutions. Co. provides a portfolio of mechanical and electronic security products including: locks, locksets, portable locks and key systems; door closers and exit devices; electronic security products and access control systems; time, attendance and workforce productivity systems; doors and door frames; and other accessories, including a range of additional security and product components such as hinges, door levers, door stops, lights, louvers, weather stripping, thresholds, and other accessories, as well as certain bathroom fittings products. Co. operates in three regions: Americas; Europe, Middle East, India and Africa; and Asia Pacific. We show 22 historical shares outstanding datapoints in our ALLE shares outstanding history coverage, used to compute ALLE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing ALLE market cap history over the course of time is important for investors
interested in comparing ALLE'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 ALLE versus a peer is one thing; comparing
ALLE 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 ALLE can fluctuate over the course of history.
With this page we aim to empower investors researching ALLE by allowing them to research the ALLE market cap history. |
Video: The Importance of Market Cap
