Graham Corporation is engaged in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy and process industries. For the defense industry, its equipment is used in nuclear and non-nuclear propulsion, power, fluid transfer, and thermal management systems. For the space industry, its equipment is used in propulsion, power, and energy management systems and for life support systems. For the chemical and petrochemical industries, its equipment is used in fertilizer, ethylene, methanol and downstream chemical facilities. We show 55 historical shares outstanding datapoints in our GHM shares outstanding history coverage, used to compute GHM market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GHM market cap history over the course of time is important for investors
interested in comparing GHM'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 GHM versus a peer is one thing; comparing
GHM 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 GHM can fluctuate over the course of history.
With this page we aim to empower investors researching GHM by allowing them to research the GHM market cap history. |
Free GHM Email Alerts:
Video: The Importance of Market Cap
