nVent Electric is a global provider of electrical connection and protection solutions. Co. has a portfolio of brands, including nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF and TRACER. Co. operates across three segments: Enclosures, which provides solutions to connect and protect electronics, communication, control, and power equipment; Electrical and Fastening Solutions, which provides fastening solutions that connect and protect electrical and mechanical systems and civil structures; and Thermal Management, which provides electric thermal solutions that connect and protect buildings, infrastructure, industrial processes, and people. We show 22 historical shares outstanding datapoints in our NVT shares outstanding history coverage, used to compute NVT market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing NVT market cap history over the course of time is important for investors
interested in comparing NVT'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 NVT versus a peer is one thing; comparing
NVT 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 NVT can fluctuate over the course of history.
With this page we aim to empower investors researching NVT by allowing them to research the NVT market cap history. |
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Video: The Importance of Market Cap
