SMART Global Holdings, Inc. is engaged in designing and developing enterprise solutions that help its customers. Co. is focused on serving its customers by providing technical knowledge and expertise, custom design engineering, and build-to-order flexibility. Its segments include Memory Solutions, Intelligent Platform Solutions (IPS) and light emitting diode (LED) Solutions. The Memory Solutions segment, under its SMART Modular brand, provides memory solutions through the design, development and packaging of leading-edge to extended lifecycle products. We show 6 historical shares outstanding datapoints in our PENG shares outstanding history coverage, used to compute PENG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PENG market cap history over the course of time is important for investors
interested in comparing PENG'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 PENG versus a peer is one thing; comparing
PENG 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 PENG can fluctuate over the course of history.
With this page we aim to empower investors researching PENG by allowing them to research the PENG market cap history. |
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Video: The Importance of Market Cap
