Norbord is an international producer of wood-based panels with several plant locations in the U.S., Canada and Europe. Co.'s business comprises the manufacturing, sales, marketing and distribution of panelboards and related products used primarily in the construction of new homes or the renovation and repair of existing structures. Co.'s oriented strand board products are sold in North America under the following brand names: Durastrand pointSIX®, Pinnacle®, Stabledge®, TruFlor pointSIX®, TruFlor®, Rimboard, SteadiTred®, QuakeZone®, Tallwall®, Trubord™, Windstorm™, SolarBord™, Trubord™, TruDeck® and StableDeck®. We show 1 historical shares outstanding datapoints in our OSB shares outstanding history coverage, used to compute OSB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing OSB market cap history over the course of time is important for investors
interested in comparing OSB'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 OSB versus a peer is one thing; comparing
OSB 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 OSB can fluctuate over the course of history.
With this page we aim to empower investors researching OSB by allowing them to research the OSB market cap history. |
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Video: The Importance of Market Cap
