| Canadian Pacific Railway through its subsidiaries is engaged in operating a transcontinental railway in Canada and the United States ("U.S."). Co. provides rail and intermodal transportation services over a network of approximately 13,000 miles, serving the principal business centres of Canada from Montréal, Québec, to Vancouver, British Columbia, and the U.S. Northeast and Midwest regions. Co.'s railway network feeds directly into the U.S. heartland from the East and West coasts. Agreements with other carriers extend Co.'s market reach in Canada, throughout the U.S. and into Mexico. Co. transports bulk commodities, merchandise freight and intermodal traffic. We show 36 historical shares outstanding datapoints in our CP shares outstanding history coverage, used to compute CP market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CP market cap history over the course of time is important for investors
interested in comparing CP'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 CP versus a peer is one thing; comparing
CP 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 CP can fluctuate over the course of history.
With this page we aim to empower investors researching CP by allowing them to research the CP market cap history.