Edison International is the holding company of Southern California Edison Co. (SCE) and Edison Energy, LLC (Edison Energy). Co. is engaged in providing clean and reliable energy and energy services through its independent companies. SCE is a public utility primarily engaged in the business of supplying and delivering electricity to an approximately 50,000 square mile area of Southern California. SCE delivers electricity to approximately 15 million people across Southern, Central and Coastal California. We show 45 historical shares outstanding datapoints in our EIX shares outstanding history coverage, used to compute EIX market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing EIX market cap history over the course of time is important for investors
interested in comparing EIX'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 EIX versus a peer is one thing; comparing
EIX 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 EIX can fluctuate over the course of history.
With this page we aim to empower investors researching EIX by allowing them to research the EIX market cap history. |
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Video: The Importance of Market Cap
