Paycom Software, Inc. is a provider of a comprehensive, cloud-based human capital management (HCM) solution delivered as software-as-a-service (SaaS). Co. provides functionality and data analytics. Its solution requires virtually no customization and is based on a core system of record maintained in a single database for all HCM functions, including talent acquisition, time and labor management, payroll, talent management and human resources (HR) management applications. We show 45 historical shares outstanding datapoints in our PAYC shares outstanding history coverage, used to compute PAYC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PAYC market cap history over the course of time is important for investors
interested in comparing PAYC'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 PAYC versus a peer is one thing; comparing
PAYC 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 PAYC can fluctuate over the course of history.
With this page we aim to empower investors researching PAYC by allowing them to research the PAYC market cap history. |
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Video: The Importance of Market Cap
