Griffon is a management and holding company that conducts its business through wholly-owned subsidiaries. Co.'s reportable segments are: Consumer and Professional Products, which consists of its subsidiary, The AMES Companies, Inc. that manufactures and markets a portfolio of long-handled tools, landscaping products, and home organization products used by seasonal outdoor tools, project tools, outdoor decor and watering, home organization, and cleaning products categories; and Home and Building Products, which consists of its subsidiary, Clopay Corporation that manufactures a line of residential sectional garage doors and provides a line of entry door systems. We show 51 historical shares outstanding datapoints in our GFF shares outstanding history coverage, used to compute GFF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GFF market cap history over the course of time is important for investors
interested in comparing GFF'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 GFF versus a peer is one thing; comparing
GFF 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 GFF can fluctuate over the course of history.
With this page we aim to empower investors researching GFF by allowing them to research the GFF market cap history. |
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Video: The Importance of Market Cap
