Principal Financial Group, Inc. is a global financial company. Co. offers businesses, individuals and institutional clients a range of financial products and services, including retirement, asset management and insurance through its diverse family of financial services companies. Co.'s segments include retirement and income solutions, principal asset management, and benefits and protection. The Retirement and Income Solutions segment offers workplace savings and retirement solutions, banking, trust and custodial services, individual variable annuities, and pension risk transfer, among others. We show 57 historical shares outstanding datapoints in our PFG shares outstanding history coverage, used to compute PFG market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PFG market cap history over the course of time is important for investors
interested in comparing PFG'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 PFG versus a peer is one thing; comparing
PFG 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 PFG can fluctuate over the course of history.
With this page we aim to empower investors researching PFG by allowing them to research the PFG market cap history. |
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Video: The Importance of Market Cap
