CPFL Energia SA is a holding company that, through its subsidiaries, distributes, generates, transmits and commercializes electricity in Brazil as well as provides energy-related services. Co. also engages in power commercialization, buying and selling electricity to power producers, Free Consumers and power trading companies. Co. also provides agency services to Free Consumers before the Camara de Comercializacao de Energia Eletrica and other agents, as well as electricity-related services to its affiliates and unaffiliated parties. Co. has five operating segments: distribution; conventional generation sources; renewable generation sources; commercialization; and services. We show 1 historical shares outstanding datapoints in our CPL shares outstanding history coverage, used to compute CPL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CPL market cap history over the course of time is important for investors
interested in comparing CPL'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 CPL versus a peer is one thing; comparing
CPL 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 CPL can fluctuate over the course of history.
With this page we aim to empower investors researching CPL by allowing them to research the CPL market cap history. |
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Video: The Importance of Market Cap
