Diamond Hill Investment Group, Inc. is an investment advisory and fund administration services provider. Co. operates through its wholly owned subsidiary, Diamond Hill Capital Management, Inc. (DHCM). DHCM is an investment adviser and administrator for the Diamond Hill Funds, a series of open-end mutual funds (the Funds). DHCM also provides investment advisory and related services to the Diamond Hill Micro Cap Fund, LP (DHMF), a private fund, as well as, separately managed accounts, collective investment trusts, other pooled vehicles, including sub-advised funds, and model delivery programs. We show 61 historical shares outstanding datapoints in our DHIL shares outstanding history coverage, used to compute DHIL market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing DHIL market cap history over the course of time is important for investors
interested in comparing DHIL'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 DHIL versus a peer is one thing; comparing
DHIL 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 DHIL can fluctuate over the course of history.
With this page we aim to empower investors researching DHIL by allowing them to research the DHIL market cap history. |
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Video: The Importance of Market Cap
