Best Buy is a technology retailer. Co. has two reportable segments: Domestic and International. The Domestic segment is comprised of the operations, including its Best Buy Health business, in all states, districts and territories of the United States under various brand names including Best Buy, Best Buy Business, Best Buy Express, Best Buy Health, CST, Geek Squad, GreatCall, Lively, Magnolia and Pacific Kitchen and Home and the domain names bestbuy.com and greatcall.com. The International segment is comprised of all operations in Canada and Mexico under the brand names Best Buy, Best Buy Express, Best Buy Mobile and Geek Squad and the domain names bestbuy.ca and bestbuy.com.mx. We show 48 historical shares outstanding datapoints in our BBY shares outstanding history coverage, used to compute BBY market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing BBY market cap history over the course of time is important for investors
interested in comparing BBY'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 BBY versus a peer is one thing; comparing
BBY 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 BBY can fluctuate over the course of history.
With this page we aim to empower investors researching BBY by allowing them to research the BBY market cap history. |
Video: The Importance of Market Cap
