The Cheesecake Factory is engaged in the restaurant and bakery businesses. Co.'s restaurants include: The Cheesecake Factory, which its menu includes appetizers, pizza, seafood, steaks, chicken, burgers, small plates, pastas, salads, sandwiches and omelettes; North Italia, which provides an assortment of wines, beers and house-made cocktails; Grand Lux Cafe, which provides American dishes and international favorites, including appetizers, pasta, seafood, steaks, chicken, burgers, salads, and desserts; and Social Monk Asian Kitchen features the cuisines of Thailand, Vietnam, Malaysia, Singapore, China, Indonesia and India. We show 56 historical shares outstanding datapoints in our CAKE shares outstanding history coverage, used to compute CAKE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAKE market cap history over the course of time is important for investors
interested in comparing CAKE'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 CAKE versus a peer is one thing; comparing
CAKE 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 CAKE can fluctuate over the course of history.
With this page we aim to empower investors researching CAKE by allowing them to research the CAKE market cap history. |
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Video: The Importance of Market Cap
