AXIS Capital Holdings Limited is a holding company. Co., through its operating subsidiaries, is a global specialty underwriter and provider of insurance and reinsurance solutions with operations in Bermuda, the U.S., Europe, Singapore and Canada. Its underwriting operations are organized around its global underwriting platforms: AXIS Insurance and AXIS Re. Co. operates through two segments: insurance and reinsurance. The insurance segment offers specialty insurance products to a variety of niche markets on a worldwide basis. The product lines in this segment are professional lines, property, liability, cyber, marine and aviation, accident and health, and credit and political risk. We show 60 historical shares outstanding datapoints in our AXS shares outstanding history coverage, used to compute AXS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AXS market cap history over the course of time is important for investors
interested in comparing AXS'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 AXS versus a peer is one thing; comparing
AXS 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 AXS can fluctuate over the course of history.
With this page we aim to empower investors researching AXS by allowing them to research the AXS market cap history. |
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Video: The Importance of Market Cap
