Foundation Building Materials is a specialty distributor of wallboard, suspended ceiling systems and metal framing in United States and Canada. Co.'s products include: wallboard, which is used in new construction and renovation projects; suspended ceiling systems, which are sold into both non-residential repair and remodel and new non-residential construction markets; metal framing, which provides metal framing and other framing products for various uses, including interior partitions and load bearing walls; and complementary and other products, which include tools and accessories such as wallboard accessories, safety accessories, fasteners, insulation, doors and roofing products. We show 17 historical shares outstanding datapoints in our FBM shares outstanding history coverage, used to compute FBM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FBM market cap history over the course of time is important for investors
interested in comparing FBM'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 FBM versus a peer is one thing; comparing
FBM 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 FBM can fluctuate over the course of history.
With this page we aim to empower investors researching FBM by allowing them to research the FBM market cap history. |
Video: The Importance of Market Cap
