Potbelly Corporation operates primarily as a fast-casual restaurant. Co. owns and operates Potbelly Sandwich Shop concept in the U.S.. It also has domestic franchise operations of Potbelly Sandwich Shop concepts. Its shops are located in multiple types of neighborhoods and formats, including suburban, urban, central business districts, airports, and others. Its menu includes toasty hot sandwiches, signature salads, soups, chili, sides, freshly baked cookies, hand-dipped shakes and, in its breakfast locations, breakfast sandwiches. Co. operates approximately 424 shops in 31 states and the District of Columbia. Of these, the Co. operates 345 shops and franchisees operates 79 shops. We show 46 historical shares outstanding datapoints in our PBPB shares outstanding history coverage, used to compute PBPB market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PBPB market cap history over the course of time is important for investors
interested in comparing PBPB'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 PBPB versus a peer is one thing; comparing
PBPB 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 PBPB can fluctuate over the course of history.
With this page we aim to empower investors researching PBPB by allowing them to research the PBPB market cap history. |
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Video: The Importance of Market Cap
