Clorox is a manufacturer and marketer of consumer products. Co. markets some of the consumer brand names, including its namesake bleach and cleaning products; Pine-Sol® cleaners; Liquid-Plumr® clog removers; Poett® home care products; Fresh Step® cat litter; Glad® bags and wraps; Kingsford® grilling products; Hidden Valley® dressings, dips, seasonings and sauces; Brita® water-filtration products; Burt's Bees® natural personal care products; and RenewLife®, Rainbow Light®, Natural Vitality® and NeoCell® vitamins, minerals and supplements. Co. also markets products and technologies for customers, including those sold under the CloroxPro™ and Clorox Healthcare® brand names. We show 50 historical shares outstanding datapoints in our CLX shares outstanding history coverage, used to compute CLX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CLX market cap history over the course of time is important for investors
interested in comparing CLX'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 CLX versus a peer is one thing; comparing
CLX 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 CLX can fluctuate over the course of history.
With this page we aim to empower investors researching CLX by allowing them to research the CLX market cap history. |
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Video: The Importance of Market Cap
