Chemed purchases, operates and divests subsidiaries engaged in business activities. Co. conducts its business operations in two segments: the VITAS segment (VITAS) and the Roto-Rooter segment (Roto-Rooter). VITAS provides hospice and palliative care services to its patients through a network of physicians, registered nurses, home health aides, social workers, clergy and volunteers. Roto-Rooter provides plumbing, drain cleaning, excavation, water restoration and other related services to residential and commercial customers. We show 57 historical shares outstanding datapoints in our CHE shares outstanding history coverage, used to compute CHE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CHE market cap history over the course of time is important for investors
interested in comparing CHE'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 CHE versus a peer is one thing; comparing
CHE 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 CHE can fluctuate over the course of history.
With this page we aim to empower investors researching CHE by allowing them to research the CHE market cap history. |
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Video: The Importance of Market Cap
