Avery Dennison is engaged in the production of pressure-sensitive materials and a variety of tickets, tags, labels and other converted products. Co. sells its pressure-sensitive materials to label printers and converters that convert the materials into labels and other products through embossing, printing, stamping and die-cutting. Co. sells other pressure-sensitive materials in converted form as tapes and reflective sheeting. Co. also manufactures and sells a variety of other converted products and items not involving pressure-sensitive components, such as fasteners, tickets, tags, radio-frequency identification inlays and tags, and imprinting equipment and related solutions. We show 40 historical shares outstanding datapoints in our AVY shares outstanding history coverage, used to compute AVY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AVY market cap history over the course of time is important for investors
interested in comparing AVY'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 AVY versus a peer is one thing; comparing
AVY 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 AVY can fluctuate over the course of history.
With this page we aim to empower investors researching AVY by allowing them to research the AVY market cap history. |
Video: The Importance of Market Cap
