Performance Food Group is a holding company. Through its subsidiaries, Co. markets and distributes food and food-related products to its customers. Co.'s segments include: Foodservice, which distributes a line of national brands, customer brands, and its proprietary-branded food and food-related products, or Performance Brands; Vistar, which engages in distributing candy, snacks, beverages, and other items nationally to vending, office coffee service, theater, retail, hospitality, and other channels; and Convenience, which distributes candy, snacks, beverages, cigarettes, other tobacco products, food and foodservice products and other items to convenience stores across the U.S. and Canada. We show 33 historical shares outstanding datapoints in our PFGC shares outstanding history coverage, used to compute PFGC market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing PFGC market cap history over the course of time is important for investors
interested in comparing PFGC'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 PFGC versus a peer is one thing; comparing
PFGC 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 PFGC can fluctuate over the course of history.
With this page we aim to empower investors researching PFGC by allowing them to research the PFGC market cap history. |
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Video: The Importance of Market Cap
