Avis Budget Group is a provider of mobility solutions through its three brands, Avis, Budget and Zipcar, together with several other brands. Co.'s segments are: Americas, which provides and licenses its brands to third parties for vehicle rentals and ancillary products and services in North America, South America, Central America and the Caribbean, and operates its car sharing business in certain of these markets; and International, which provides and licenses its brands to third parties for vehicle rentals and ancillary products and services in Europe, the Middle East, Africa, Asia and Australasia, and operates its car sharing business in certain of these markets. We show 58 historical shares outstanding datapoints in our CAR shares outstanding history coverage, used to compute CAR market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CAR market cap history over the course of time is important for investors
interested in comparing CAR'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 CAR versus a peer is one thing; comparing
CAR 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 CAR can fluctuate over the course of history.
With this page we aim to empower investors researching CAR by allowing them to research the CAR market cap history. |
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Video: The Importance of Market Cap
