Acuity Brands is an industrial technology company. Co.'s business segments are: Acuity Brands Lighting and Lighting Controls (ABL) and the Intelligent Spaces Group (ISG). ABL's portfolio of lighting solutions includes commercial, architectural, and specialty lighting. Co. provides devices such as luminaires that utilize light emitting diode technology for various indoor and outdoor applications. ISG provides building management platform and location-aware applications. Co.'s building management system includes products for controlling heating, ventilation, and air conditioning, lighting, shades, and building access. We show 50 historical shares outstanding datapoints in our AYI shares outstanding history coverage, used to compute AYI market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing AYI market cap history over the course of time is important for investors
interested in comparing AYI'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 AYI versus a peer is one thing; comparing
AYI 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 AYI can fluctuate over the course of history.
With this page we aim to empower investors researching AYI by allowing them to research the AYI market cap history. |
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Video: The Importance of Market Cap
