Carnival is a leisure travel company. Co. is also a cruise company and a provider of vacations to cruise destinations throughout the world. Co. has four segments that are comprised of: North America and Australia, which includes Carnival Cruise Line, Princess Cruises, Holland America Line, P&O Cruises (Australia), and Seabourn cruise brands; Europe and Asia, which includes Costa Cruises, AIDA Cruises, P&O Cruises (UK), and Cunard cruise brands; Cruise Support, which includes its portfolio of port destinations and other services, all of which are operated for the benefit of its cruise brands; and Tour and Other, which owns and operates hotels, lodges, glass-domed railcars and motorcoaches. We show 1 historical shares outstanding datapoints in our CUK shares outstanding history coverage, used to compute CUK market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing CUK market cap history over the course of time is important for investors
interested in comparing CUK'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 CUK versus a peer is one thing; comparing
CUK 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 CUK can fluctuate over the course of history.
With this page we aim to empower investors researching CUK by allowing them to research the CUK market cap history. |
Video: The Importance of Market Cap
