Palo Alto Networks provides a platform that allows enterprises, service providers, and government entities to secure their organizations. Co.'s platform uses a traffic classification engine that identifies network traffic by application, user, and content and provides security across the network, endpoint, and cloud. Co.'s product, subscription, and support offerings include: firewall appliances and software; and Panorama, which is a centralized security management solution for global control of various firewall appliances and software deployed on an end-customer's network as well as in their instances in public or private cloud environments as a virtual appliance or a physical appliance. We show 36 historical shares outstanding datapoints in our PANW shares outstanding history coverage, used to compute PANW market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PANW market cap history over the course of time is important for investors
interested in comparing PANW'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 PANW versus a peer is one thing; comparing
PANW 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 PANW can fluctuate over the course of history.
With this page we aim to empower investors researching PANW by allowing them to research the PANW market cap history. |
Video: The Importance of Market Cap
