Cooper Tire & Rubber is a manufacturer and marketer of replacement tires. In its Americas Tire Operations segment, Co. manufactures and markets passenger car and light truck tires, mainly for sale in the United States replacement market, and also supplies passenger car tires to the Mexican, North American, Central American and South American markets. In its International Tire Operations segment, Co.'s United Kingdom entity manufactures and markets motorcycle and racing tires and tire retread material for domestic and global markets, and its Serbian entity manufactures passenger car and light truck tires mainly for the European markets and for export to the North American segment. We show 46 historical shares outstanding datapoints in our CTB shares outstanding history coverage, used to compute CTB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CTB market cap history over the course of time is important for investors
interested in comparing CTB'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 CTB versus a peer is one thing; comparing
CTB 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 CTB can fluctuate over the course of history.
With this page we aim to empower investors researching CTB by allowing them to research the CTB market cap history. |
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Video: The Importance of Market Cap
