| Forterra is a holding company. Through its subsidiaries, Co. is a manufacturer of concrete pipe and precast products and ductile iron pipe for water-related infrastructure applications. Co.'s segments include: Drainage Pipe & Products; and Water Pipe & Products. The Drainage Pipe & Products segment manufactures drainage pipe and precast products in the U.S. and Eastern Canada. Drainage pipe has residential, non-residential and infrastructure applications. The Water Pipe & Products segment manufactures a number of products used for the transmission of potable water and wastewater such as ductile iron pipe (DIP). DIP has residential and infrastructure repair replacement applications. We show 23 historical shares outstanding datapoints in our FRTA shares outstanding history coverage, used to compute FRTA market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing FRTA market cap history over the course of time is important for investors
interested in comparing FRTA'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 FRTA versus a peer is one thing; comparing
FRTA 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 FRTA can fluctuate over the course of history.
With this page we aim to empower investors researching FRTA by allowing them to research the FRTA market cap history.