GMS provides various building products and solutions for its residential and commercial contractor customer base across the U.S. and Canada. Co. provides a product offering of wallboard, ceilings, steel framing and complementary construction products. Wallboard is used for interior and exterior walls and ceilings in residential and commercial structures. Co.'s ceilings product line consists of suspended mineral fiber, soft fiber and metal ceiling systems. Co.'s steel framing product line consists of steel track, studs and the various other steel products. Co. provides its customers complementary products, including insulation, lumber and other wood products and ready-mix joint compound. We show 33 historical shares outstanding datapoints in our GMS shares outstanding history coverage, used to compute GMS market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GMS market cap history over the course of time is important for investors
interested in comparing GMS'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 GMS versus a peer is one thing; comparing
GMS 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 GMS can fluctuate over the course of history.
With this page we aim to empower investors researching GMS by allowing them to research the GMS market cap history. |
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Video: The Importance of Market Cap
