| Asia Pacific Fund is a diversified, closed-end management investment company. The Fund's investment objective is to achieve long-term capital appreciation through investment of at least 80% of investable assets in equity securities of companies in the Asia Pacific countries (excluding Japan). We show 1 historical shares outstanding datapoints in our APB shares outstanding history coverage, used to compute APB market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing APB market cap history over the course of time is important for investors
interested in comparing APB'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 APB versus a peer is one thing; comparing
APB 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 APB can fluctuate over the course of history.
With this page we aim to empower investors researching APB by allowing them to research the APB market cap history.