| Canterbury Park Holding is a holding company. Through its subsidiaries, Co. hosts pari-mutuel wagering on horse races and unbanked card games at its Canterbury Park Racetrack and Card Casino facility (the Racetrack). Co.'s pari-mutuel wagering operations include both wagering on thoroughbred and quarter horse races during live meets at the Racetrack and year-round wagering on races held at out-of-state racetracks that are televised at the Racetrack. Unbanked card games are hosted in the Card Casino at the Racetrack. Co. also provides related services and activities, such as food and beverage, parking, advertising signage, publication sales, and catering and events held at the Racetrack. We show 33 historical shares outstanding datapoints in our CPHC shares outstanding history coverage, used to compute CPHC market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPHC market cap history over the course of time is important for investors
interested in comparing CPHC'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 CPHC versus a peer is one thing; comparing
CPHC 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 CPHC can fluctuate over the course of history.
With this page we aim to empower investors researching CPHC by allowing them to research the CPHC market cap history.