Greif produces industrial packaging products and services. Co.'s segments are: Global Industrial Packaging, which provides industrial packaging products, such as steel, fibre and plastic drums, intermediate bulk containers, closure systems, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, filling, logistics, warehousing and other services; Paper Packaging and Services, which produces and sells containerboard, corrugated sheets, corrugated containers, and other corrugated products; and Land Management, which is focused on the harvesting and regeneration of its U.S. timber properties. We show 55 historical shares outstanding datapoints in our GEF shares outstanding history coverage, used to compute GEF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GEF market cap history over the course of time is important for investors
interested in comparing GEF'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 GEF versus a peer is one thing; comparing
GEF 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 GEF can fluctuate over the course of history.
With this page we aim to empower investors researching GEF by allowing them to research the GEF market cap history. |
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Video: The Importance of Market Cap
