CrediCorp is a financial services holding company. Through its subsidiaries, Co. operates primarily through its lines of business, including: Universal Banking, which includes the operations related to the granting of various credits and financial instruments to individuals and legal entities; Microfinance, which includes the management of loans, credits, deposits and current accounts of the small and microenterprises; and Investment Banking and Wealth Management, which includes brokerage service and investment management services provided to clientele that includes corporations, institutional investors, governments and foundations. We show 11 historical shares outstanding datapoints in our BAP shares outstanding history coverage, used to compute BAP market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BAP market cap history over the course of time is important for investors
interested in comparing BAP'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 BAP versus a peer is one thing; comparing
BAP 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 BAP can fluctuate over the course of history.
With this page we aim to empower investors researching BAP by allowing them to research the BAP market cap history. |
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Video: The Importance of Market Cap
