Granite Real Estate Investment Trust is a real estate investment trust. Co. is engaged in the acquisition, development, ownership and management of logistics, warehouse and industrial properties in North America and Europe. Co.'s investment properties consist of income-producing properties, properties under development and land held for development. We show 2 historical shares outstanding datapoints in our GRP.U shares outstanding history coverage, used to compute GRP.U market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing GRP.U market cap history over the course of time is important for investors
interested in comparing GRP.U'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 GRP.U versus a peer is one thing; comparing
GRP.U 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 GRP.U can fluctuate over the course of history.
With this page we aim to empower investors researching GRP.U by allowing them to research the GRP.U market cap history. |
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Video: The Importance of Market Cap
