| Group 1 Automotive is an operator in the automotive retail industry. Through Co.'s dealerships, it sells new and used cars and light trucks; arranges related vehicle financing; sells service and other insurance contracts; provides automotive maintenance and repair services; and sells vehicle parts. Co.'s operations are primarily located in key metropolitan areas in Alabama, California, Florida, Georgia, Kansas, Louisiana, Maryland, Massachusetts, Mississippi, New Hampshire, New Jersey, New Mexico, Oklahoma, South Carolina and Texas in the U.S., in towns of the U.K. and in key metropolitan markets in the states of Sao Paulo, Parana, Mato Grosso do Sul and Santa Catarina in Brazil. We show 38 historical shares outstanding datapoints in our GPI shares outstanding history coverage, used to compute GPI market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GPI market cap history over the course of time is important for investors
interested in comparing GPI'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 GPI versus a peer is one thing; comparing
GPI 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 GPI can fluctuate over the course of history.
With this page we aim to empower investors researching GPI by allowing them to research the GPI market cap history.